455 CommerceRichmond, IN 47374

  • Hospitality properties
  • 60,680 SF
Off market
$6,161,320 Estimated

Property Details for 455 Commerce

Year built
2006
Construction
WOOD
Lot size
2.04 AC
Property size (Sq ft)
60,680 SF
Zone code
ZO01
Property type
Hospitality properties
Property subtype
Hotels
APN
89-16-36-320-102.001-030
APU
891636320102001030
455 Commerce, Richmond, Indiana

PT Realty Valuation

  • Cap approach

    6%
    $10,919,038
    6.5%
    $10,079,112
    7%
    $9,359,175
  • Alternative use approach

    Residential
    $11,003,462
    Hospitality
    $10,079,112
    Educational
    $8,385,702
    Medical
    $8,674,100
    Retail
    $13,044,426
  • Comp approach

    Method 1
    $11,039,803
    Method 2
    $17,709,246

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8352
Longitude
-84.8242
CBSA code
39980
CBSA name
RICHMOND, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $4,826,500
  • Assessed land value
    $265,500
  • Assessed value
    $5,092,000
  • Tax year
    2022
  • Tax bill
    $114,570

Property Visit Statistics

  • Visits by month
    9.0k
  • Visitors by month
    4.8k
  • Avg Time on site
    360 min

FAQs

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