Technical
Financial
Distress signals
Property profile

3564 Chester Blvd Richmond, IN 47374

FOR SALE
Land
Property ID
US31-1481564
10.19 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10.19-acre commercial land parcel is strategically located on Chester Boulevard in Richmond, Indiana, offering unparalleled development potential. The property boasts a C1 zoning designation, allowing for a wide range of commercial uses, from retail spaces to professional offices. Its prime location on a major thoroughfare ensures high visibility and easy accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. Richmond is experiencing significant growth and revitalization, creating a supportive business environment and promising strong returns on investment. Chester Boulevard itself is undergoing improvements, further enhancing the property's value and appeal. The site's proximity to various amenities, including shopping centers, restaurants, and recreational facilities, adds to its desirability. This presents a unique opportunity for investors and developers to capitalize on Richmond's upward trajectory and secure a stake in the future success of this burgeoning commercial corridor. The asking price for this exceptional property is $3,100,000. The property's address is 3564 Chester Blvd, Richmond, IN 47374, situated in Wayne County.

Property profile

Verified
Property type Land
Lot 10.19 ac (443,876 SF)
UPID US31-1481564

Cap rate & NOI

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

Location

3564 Chester Blvd Richmond, IN 47374
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message