Financial
Distress signals
Property profile

4425 National E Rd Richmond, IN 47374

OFF-MARKET
Turn key restaurants
Property ID
US31-2229850
5,470 SF 1.06 ac lot Built 2005
Last sale Jul 2010 · $1,765,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property consists of a fee simple interest in an Applebee’s restaurant located at 4425 National Road East in Richmond’s retail hub, positioned east of Richmond Square Mall. The restaurant is held under an absolute NNN lease structure with more than 14 years remaining in the initial lease term and includes contractual rent escalations. The immediate retail area includes major national and regional retailers such as Macy’s, Dillard’s, Best Buy, Party City, Aldi, Hobby Lobby, Menards, Kohl’s,

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 · 2022

What does the county charge?
$71k
Tax billed · 2022
Assessed value · 2023$1.10M
Assessed land$318k
Assessed improvement$785k
Effective rate6.45%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$410k

Realmo valuation models over county records.

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.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.7
Law Firm13.5
Wholesale Shop13.1

Location

4425 National E Rd Richmond, IN 47374-3729
County assessor Recorded deeds · 3 transfers 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 · 12 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
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
4016 National W, Richmond, IN 47374-4707 $150,000 Apr 2022 4,040 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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