Financial
Distress signals
Property profile

3988 State Road 227 Richmond, IN 47374

OFF-MARKET
Specialty properties
Property ID
US31-1469315
6,332 SF
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Property summary

AI-generated overview

This exceptional 16-acre property in Richmond, Indiana, presents a prime development opportunity. The site includes a large (6,332 sq ft), renovated (2000) commercial building, previously a club, featuring a full bar and commercial kitchen, all equipment included. Additional structures include a 46' x 40' x 12' pole barn and a separate house trailer. The property boasts an inground pool, extensive paved parking (40 spaces), and a private paved lane. Its location near the Richmond airport…

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.5
Kitchen & Bath7.9
Gym & Fitness7.0

Location

3988 State Road 227 Richmond, IN 47374
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
131 Richmond, Richmond, IN 47374-2951 $78,200 Apr 2025 4,908 SF
4740 National E, Richmond, IN 47374-3736 $748,571 Dec 2024 6,032 SF
1015 Main, Richmond, IN 47374-4313 $245,000 May 2024 3,822 SF
771 Round Barn, Richmond, IN 47374-4715 $262,000 Nov 2023 8,949 SF
2270 Chester, Richmond, IN 47374-1236 $1,330,000 Dec 2022 5,090 SF
1390 National W, Richmond, IN 47374-5143 $365,000 Nov 2022 4,191 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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