Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

406 Commerce Rd Richmond, IN 47374

  • Retail space
  • 5,820 SF
  • 0.86 lot acres
Value Estimation
Location Intelligence
Property ID
US31-1523286
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Georgia Direct Warehouse / Warehouse / Cabinet Store

Property Details for 406 Commerce Rd

Year built
1981
Construction
WOOD
Lot size
0.86 lot acres
Property size
5,820 SF
Zone code
ZO01
Property type
Retail space
APN
89-16-36-320-203.001-030
APU
891636320203001030

Description

This 5,820-square-foot building, located at 406 Commerce Road in Richmond, Indiana, presents a unique opportunity. The property is a single-tenant building constructed in 1981, offering a blend of retail, office, and industrial space. The building features one story and a single dock-high door, ideal for efficient loading and unloading. The 0.855-acre lot provides ample space for maneuvering and potential expansion. Its prime location offers easy access to Interstates 70 and 40, ensuring excellent connectivity for distribution and commuting. The entire 5,820 square feet is currently vacant, allowing for complete customization to suit a variety of business needs. This property is situated on Richmond's East Side, a highly desirable location. An adjacent property is also available for potential expansion or custom construction, with existing structures available for removal to accommodate specific requirements. This presents a rare chance to acquire a strategically located property with significant potential for growth and development in a thriving area. The property's zoning allows for flexible use, making it suitable for a range of businesses. The address is 406 Commerce Rd, Richmond, IN 47374.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Wayne
State
Indiana
Longitude
-84.8248
Latitude
39.834
CBSA code
39980
CBSA name
RICHMOND, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,908
$128,300
$57,700
$186,000
-
$128,300
$57,700
$186,000
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