Property summary
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.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight