Industrial Property for Sale in Richmond, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Richmond, IN 47374

Description

Now Available for Sale, Industrial, located at 2240 NW 12th St.

Market Context

This industrial in Richmond, IN is listed for sale. It has been on the market for 12 days. Compare it against other industrial listings for sale in Richmond, IN — <a href="/search/sale/industrial/indiana/richmond">view the full market</a>.

As of Q4 2025, the Richmond industrial market showed a 5.2% vacancy rate, average asking rents near $9.38/SF/yr, and cap rates around 5.5%. Source: Consensus Q4 2025 market report.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Richmond?
About 5.5% as of Q4 2025, per Consensus.
Is the Richmond industrial market tightening or softening?
Vacancy is around 5.2% (Q4 2025).

Unified Estimate

Very Low Confidence

$13.36/SF – $18.06/SF

Mid: $15.71/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market las-vegas (similarity: 100%) with 7 comparable listings.

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