122-126 5Th St Richmond, IN 47374
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.