Financial
Distress signals
Property profile

32 8th St Richmond, IN 47374

OFF-MARKET
Other commercial real estate
Property ID
US31-1889241
3,200 SF 0.24 ac lot Built 1978
Last sale Apr 2026 · $206,150
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 10,890-square-foot, single-story brick storefront building constructed in 1978, with floor-to-ceiling windows on its street-facing elevation. The interior is configured with central air and gas forced-air heating, concrete construction, and a slab foundation. The storefront layout supports a range of commercial uses such as retail, showroom, professional office, or service-oriented occupancy, and the property is situated within Central Business zoning. The building is located at 32 South 8th

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$111k
Assessed land$31k
Assessed improvement$80k
Effective rate3.03%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$36/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$12 – $78
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ZO01
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.6
Parking Facility12.3
Dental Office11.8

Location

32 8th St Richmond, IN 47374-5442
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
175 Ft Wayne, Richmond, IN 47374-3067 $295,117 Jun 2025 3,900 SF
201 11th, Richmond, IN 47374 $25,000 Dec 2024 2,938 SF
1300 9th, Richmond, IN 47374-6916 $210,000 Nov 2024 2,340 SF
529 Gdn, Richmond, IN 47374-6176 $55,000 Nov 2022 2,800 SF
911 Main, Richmond, IN 47374-4317 $190,000 Jun 2022 2,310 SF
1401 Rdg, Richmond, IN 47374-1836 $22,600 Apr 2022 2,616 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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