Richmond, IN 47374
- Land
- 2.46 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 2.46 lot acres
- Property type
- Land
Description
This exceptional 2.46-acre commercial land parcel presents a remarkable investment opportunity in Richmond, Indiana. Strategically situated along the heavily trafficked Interstate 70 and US Highway 40 (E National Road), this property offers unparalleled visibility and accessibility. Priced at $738,000, this single parcel is ideal for a variety of commercial developments. The location benefits from high daily traffic counts, ensuring significant exposure for any business established here. The property's size allows for ample space for construction, providing flexibility for various project scales. Wayne County's thriving economy and strategic location further enhance the investment potential. Note that an adjacent 2.41-acre parcel is also available for separate purchase at $834,500, or both parcels can be acquired together for a combined price of $1,414,600. This prime commercial real estate is ready for development, offering a unique chance to capitalize on a high-demand location. The property is located at 0 W Eaton Pike, Richmond, IN 47374.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.8196
- Latitude
- 39.8295
