Exceptional commercial land offering located just off I-70 and Chester Boulevard, one of Richmond’s most active and high-growth corridors. This ±10-acre site with I-70 visibility and frontage provides outstanding regional access, positioned between Indianapolis and Dayton. Surrounded by established and thriving businesses, the property sits near grocery stores, restaurants, Ivy Tech Community College, hotels, healthcare facilities, and retail centers, creating a strong commercial ecosystem and built-in traffic drivers. The area benefits from consistent daily traffic counts and excellent accessibility for employees, customers, and logistics. This highly visible parcel offers the scale and exposure sought by regional and national investors. An opportunity to secure a premier development site in one of Richmond’s most desirable commercial locations.
Vacant landProperty Type
10 acresLot Size
$137,450Price/Acres
Listed by PAUL FADDIS• Tarter Realty, Auction & Appraisals Co
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Wayne County
APN
891620210101002029
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 19, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Richmond, IN • 47374
Average low and high temperatures (°F)
29
14
39
23
58
37
67
46
69
51
82
64
84
68
79
61
79
57
68
46
51
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Richmond. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 787 Highland Rd Lot 1 Rd
$1,170,433
$204K under list price of $1.37M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $80K to $380K.