Property summary
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 offers excellent accessibility. The property's current tax-exempt status provides a significant advantage. Potential uses are diverse, including equestrian facilities, learning centers, private clubs, or residential development. The 10-foot ceiling height in the main building offers flexibility. This unique property offers a rare combination of existing structures and ample land, making it an ideal investment for a variety of ventures. The two buildings are situated on a versatile lot with access to a pond. This is a truly remarkable opportunity to acquire a valuable and adaptable property in a desirable location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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