Property profile

601 Main St Richmond, IN 47374

OFF-MARKET
Commercial real estate
Property ID
US31-1850320
103,302 SF 1.51 ac lot Built 1973
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Construction TYPE NOT SPECIFIED
Total area 103,302 SF
Lot 1.51 ac (65,732 SF)
APN 89-18-05-220-405.000-030
UPID US31-1850320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Medical Laboratory

Location

601 Main St Richmond, IN 47374-4309
Richmond metro Census 200 RICHMOND, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.75M
Blend (final) Blend
$400k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
$300,000
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $4.5M +20.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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