Property profile

131 Richmond Ave Richmond, IN 47374

OFF-MARKET
Retail space
Property ID
US31-2237966
4,908 SF 0.22 ac lot Built 1900
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 4,908 SF
Lot 0.22 ac (9,627 SF)
APN 89-16-32-320-607.000-030
UPID US31-2237966

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Decor Store Department Store

Location

131 Richmond Ave Richmond, IN 47374-2951
Richmond metro Census 500 RICHMOND, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2025
Last sale
$78,200
3 recorded transactions
2025
Price N/A
2025
$78,200
2022
$40,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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