Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

5901 National Rd E Richmond, IN 47374

FOR SALE
Turn key restaurants
Property ID
US31-2061973
3,735 SF 1.19 ac lot Built 1994
Last sale Mar 2023 · $1,500,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value · 2023$810k
Assessed land$358k
Assessed improvement$452k
Effective rate3.02%

Value estimate

· Nov 2026
$1.48M
$1.33M – $1.62M
AI approach$1.30M
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$6k
Operating expenses−$12k
NOI · 1.37% cap applied$36k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1.37%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ZO01
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.0
Garden Center8.8
Furniture Store8.7

Location

5901 National Rd E Richmond, IN 47374
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
131 Richmond, Richmond, IN 47374-2951 $78,200 Apr 2025 4,908 SF
1015 Main, Richmond, IN 47374-4313 $245,000 May 2024 3,822 SF
14 9th, Richmond, IN 47374-5504 $119,000 Dec 2023 3,284 SF
1390 National W, Richmond, IN 47374-5143 $365,000 Nov 2022 4,191 SF
927 9th, Richmond, IN 47374-6237 $75,000 Jul 2022 3,048 SF
4016 National W, Richmond, IN 47374-4707 $150,000 Apr 2022 4,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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