421 CommerceRichmond, IN 47374

Property Details for 421 Commerce

Year built

2022

Construction

WOOD

Lot size

1.55 AC

Property size (Sq ft)

59,648 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

89-16-36-320-103.001-030

APU

891636320103001030

PT Realty Valuation

• Cap approach

  6%

  $10,733,335

  6.5%

  $9,907,694

  7%

  $9,200,001

• Alternative use approach

  Residential

  $10,816,323

  Hospitality

  $9,907,694

  Educational

  $8,243,085

  Medical

  $8,526,577

  Retail

  $12,822,576

• Comp approach

  Method 1

  $10,852,046

  Method 2

  $17,408,060

Location Insight

City

Richmond

County

Wayne

State

Indiana

Latitude

39.8345

Longitude

-84.8236

CBSA code

39980

CBSA name

RICHMOND, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $3,688,200
• Assessed land value
  $210,000
• Assessed value
  $3,898,200
• Tax year
  2022
• Tax bill
  $13,186

Property Visit Statistics

• Visits by month
  4.3k
• Visitors by month
  2.4k
• Avg Time on site
  520 min

FAQs

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Please email our support team at [email protected] and they will add the team member.

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