3564 Chester Blvd Richmond, IN 47374
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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