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Property profile

600 2nd St Richmond, IN 47374

OFF-MARKET
Commercial real estate
Property ID
US31-2284791
35,568 SF 2.36 ac lot Built 1940
Last sale Jul 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$190k
Assessed land$35k
Assessed improvement$154k
Effective rate3.27%

Value estimate

· Oct 2026
$450k
$405k – $495k
AI approach$450k
Submarket $/SF estimate$413k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$36/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$12 – $78

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

What can be built here?
ZO01
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.5
Parking Facility10.3
Cafe & Coffee Shop9.6

Location

600 2nd St Richmond, IN 47374-2911
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
821 Main, Richmond, IN 47374-4315 $123,000 Jun 2025 14,850 SF
14 10th, Richmond, IN 47374-3142 $87,000 May 2025 15,750 SF
340 5th, Richmond, IN 47374-2923 $200,000 Mar 2025 9,610 SF
1693 Williamsburg, Richmond, IN 47374-1460 $500,000 Feb 2024 18,410 SF
1005 Q, Richmond, IN 47374-7245 $500,000 Oct 2023 21,600 SF
930 Main, Richmond, IN 47374-4318 $375,000 May 2023 22,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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