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    Property profile & analytics

    5th St Richmond, IN 47374

    • Commercial land
    • 840 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 10, 2024
    Location Intelligence
    Property ID
    US31-2105206
    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

    • Commercial land

    Property Details for 5th St

    Year built
    1900
    Construction
    WOOD FRAME
    Lot size
    0.07 lot acres
    Property size
    840 SF
    Zone code
    ZO01
    Property type
    Commercial land
    APN
    89-18-05-110-322.000-030
    APU
    891805110322000030

    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
    -84.9078
    Latitude
    39.8274
    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
    $132
    $4,400
    $0.00
    $4,400
    -
    $4,400
    $0.00
    $4,400

    Comparable in this City

    • Value Estimation by Request
      0.22 Acres

      2100 National W Rd

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    • Value Estimation by Request
      3.09 Acres

      1215 Q St

      VACANT COMMERCIAL LAND • 3.09 Acres
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    • Value Estimation by Request
      0.28 Acres

      Richmond Ave

      VACANT COMMERCIAL LAND • 0.28 Acres
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    • Value Estimation by Request
      0.81 Acres

      State Rd 121

      VACANT COMMERCIAL LAND • 0.81 Acres
      State Rd 121, Richmond, IN 47374
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    • Value Estimation by Request
      0.37 Acres

      Us Hwy 40

      VACANT COMMERCIAL LAND • 0.37 Acres
      Us Hwy 40, Richmond, IN 47374
      View Details
    • Value Estimation by Request
      2.81 Acres

      Wayne Rd

      VACANT COMMERCIAL LAND • 2.81 Acres
      Wayne Rd, Richmond, IN 47374
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail Space on National Road

      Retail space for lease near downtown Richmond and Earlham College.
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      New retail or restaurant spaces for lease near Earlham College.
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    • Contact for pricing
      44,964 SF

      Richmond Commercial Property

      Multi-use building, high traffic area
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      View Details
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    5th St
    Richmond, IN 47374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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