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Property profile & analytics
OFF-MARKET
Commercial real estate

3564 Chester Blvd Richmond, IN 47374

10.19 ac lot
Property ID
US31-1481564
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 Commercial real estate
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
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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