1603 National Rd Richmond, IN 47374
This exceptional 1-acre commercial lot, located at 1603 West National Road in Richmond, Indiana, presents a unique investment opportunity. Situated in Wayne County, this property is zoned for special purpose use and offers significant potential for a variety of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and construction. With its convenient location on West National Road, this property benefits from high visibility and easy access to major transportation routes, ensuring excellent exposure for any business. The address is precisely 1603 West National Road, Richmond, IN 47374, with GPS coordinates of 39.824973 latitude and -84.9251846 longitude. The asking price for this remarkable property is $10. This represents an exceptional value for a commercial lot of this size and location, making it an ideal investment for developers, entrepreneurs, or businesses seeking to establish a strong presence in the thriving Richmond market. The property is currently vacant and ready for immediate development, offering a blank canvas for your vision. Don't miss this chance to acquire a prime piece of commercial real estate in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.