787 Highland Rd 2 Richmond, IN 47374
For Sale
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This exceptional 20-acre mixed-use property in Richmond, Indiana, presents a compelling investment opportunity. Strategically located on Highland Road, it boasts unparalleled visibility and accessibility due to its direct frontage on Interstate 70, a major transportation artery. The site's convenient location between Dayton and Indianapolis ensures excellent connectivity to regional markets and a robust workforce. The property's APN is 89-16-20-210-101.002-029. Its zoning allows for a variety of commercial and industrial uses, making it suitable for diverse development projects. The land's proximity to key amenities further enhances its appeal. Within easy reach are numerous hotels, shopping centers, restaurants, college campuses, and a hospital, providing a supportive environment for businesses and employees. The seller is open to subdividing the southern portion of the property along I-70, offering flexibility for buyers seeking smaller parcels. This prime location, coupled with its size and versatility, makes this 20-acre tract an ideal investment for developers and businesses seeking a strategic foothold in a thriving region. The asking price for the entire 20-acre parcel is $2,749,000. The property is situated in Wayne County, Indiana, with the full address being 787 Highland Rd, Richmond, IN 47374.
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CB Lingle Properties Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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