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OFF-MARKET
Specialty properties

122-126 5Th St Richmond, IN 47374

2,112 SF 0.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 122 Northwest 5th Street in Richmond, Indiana, presents a unique investment opportunity. The 0.14-acre lot offers significant potential for a variety of commercial uses. The property boasts a total square footage of 2,112 square feet, providing ample space for development or expansion. Situated in Wayne County, Indiana, with the address 122-126 Northwest 5th Street, Richmond, IN 47374, this location offers convenient access to key transportation routes and local amenities. The asking price for this special-purpose land is $129,900. This is a rare chance to acquire a well-positioned commercial parcel in a thriving Indiana community. The property is zoned for commercial use (specific zoning details should be independently verified). Given its size and location, this property is ideal for entrepreneurs seeking to establish a new business or for investors looking to add a valuable asset to their portfolio. The property's versatility allows for a wide range of development possibilities, making it an attractive option for various commercial ventures. Don't miss this opportunity to secure this prime commercial land in a desirable location. Further details are available upon request.

Property profile
Verified
Property type Specialty properties
Total area 2,112 SF
Lot 0.14 ac (6,098 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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