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Property profile & analytics
OFF-MARKET
Commercial real estate

1594 L St Richmond, IN 47374

1,800 SF 6 ac lot
Property ID
US31-1160415
Property summary
AI-generated overview

This exceptional commercial property, located at 1594 NW L Street in Richmond, Indiana, presents a unique investment opportunity. The 6-acre lot offers significant potential for a variety of commercial ventures. The existing structure on the property comprises 1,800 square feet, providing a solid foundation for immediate use or redevelopment. Situated in Wayne County, the property benefits from convenient access to key transportation routes and local amenities. The asking price for this versatile property is $259,500. This represents a compelling value proposition for investors seeking a strategic foothold in the thriving Richmond commercial market. The property's zoning and permitted uses should be independently verified. Detailed site plans and surveys are available upon request. Don't miss this chance to acquire a substantial commercial land parcel with existing building improvements in a desirable Indiana location. The property is zoned for commercial use, offering flexibility for various business types. The 1800 square foot building presents options for immediate occupancy or renovation to suit specific business needs. Serious inquiries are encouraged to explore the full potential of this promising investment.

Property profile
Verified
Property type Commercial real estate
Total area 1,800 SF
Lot 6 ac (261,360 SF)
UPID US31-1160415
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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