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Property profile & analytics

900 A St Richmond, IN 47374

  • Auto shops
  • 2,859 SF
  • 0.43 lot acres
For Sale
Last Sale
Mar 30, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1684853
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

  • The Leland Legacy Senior Community / Assisted Living Facility / Retirement Community
  • Corner Cafe At The Leland / Restaurant
  • Newton's Auto Services / Auto Repair Shop
  • VNA Health Trends / Home Health Care Service

Property Details for 900 A St

Year built
1950
Construction
WOOD
Lot size
0.43 lot acres
Property size
2,859 SF
Zone code
ZO01
Property type
Auto shops
APN
89-16-32-440-111.000-030
APU
891632440111000030

Description

This exceptional mixed-use property, located at 900 North A Street in Richmond, Indiana, presents a rare investment opportunity. Situated on approximately 0.39 acres at a high-traffic intersection, this 2,859 square foot building boasts a prime location in downtown Richmond, just minutes from I-70, Reid Health, and other significant commercial businesses. The single-story building, constructed in 1950 and renovated in 2000, currently operates as a thriving auto shop and convenience store, enjoying 100% occupancy. The property features four dock-high doors, ideal for efficient loading and unloading, and a spacious 12-foot ceiling height. Ample parking is available with 25 spaces. This corner lot benefits from two stoplights at the intersection of Chester Boulevard and North A Street (US 40), ensuring high visibility and accessibility. The current owner is not selling the business and will relocate upon sale, providing a clean slate for the new owner. This unique property offers a blend of established income and significant redevelopment potential, making it an exceptional addition to any investment portfolio. The property's size and location make it an ideal candidate for a variety of uses, capitalizing on the high traffic volume and strategic location within Richmond. The asking price is $499,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Richmond
County
Wayne
State
Indiana
Longitude
-84.89
Latitude
39.8309
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
$4,701
$52,700
$88,200
$140,900
-
$52,700
$88,200
$140,900
More about this property
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