For Sale
$475,000

4051 Margaret AveTerre Haute, IN 47803

4.31 Acres, I-70 Frontage, High Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional 4.31-acre commercial land parcel in Terre Haute, Indiana, presents a remarkable investment opportunity. Located at 4051 Margaret Ave, 47803, this 1,900 square foot property boasts prime visibility and accessibility, situated directly across from a newly developed casino. Its strategic location offers unparalleled exposure to high traffic volume, making it ideal for a variety of commercial ventures. The property's versatility extends beyond its immediate potential; its proximity to Interstate 70 provides exceptional access for businesses seeking high visibility and convenient transportation links. The expansive lot size allows for significant development possibilities, catering to a wide range of commercial uses, from retail and dining establishments to entertainment venues. The existing structure offers a unique opportunity for immediate income generation, potentially as an Airbnb or event space, capitalizing on the influx of visitors to the nearby casino. Furthermore, the possibility of acquiring an adjacent 12-acre parcel (sold separately) with additional I-70 frontage significantly enhances the long-term growth potential of this investment. This property represents a rare chance to secure a highly desirable commercial location with exceptional visibility and future development prospects in a thriving area.

Highlights

  • $475,000 asking price.
  • 4.31-acre lot with 1,900 square feet of building space.
  • Special purpose property, currently suitable for Airbnb or event venue use.
  • Prime location across from a new casino and adjacent to I-70, offering high visibility and accessibility.
  • Potential for expansion with an adjacent 12-acre parcel (sold separately).

Property Details for 4051 Margaret Ave

Property type
Specialty properties, Land
Square Feet
1,900 SF
Lot Size (sq. ft)
187,744 SF

Location Insight

City
Terre Haute
County
Vigo
State
Indiana
Latitude
39.433252
Longitude
-87.354558
4051 Margaret Ave, Terre Haute, Indiana

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FAQs

What type of property is this?
Specialty property - 4.31 Acres, I-70 Frontage, High Potential
Where is the specialty property located?
The property is located at 4051 Margaret Ave Terre Haute, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: $475,000 asking price.; 4.31-acre lot with 1,900 square feet of building space.; Special purpose property, currently suitable for Airbnb or event venue use.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Natalie Green
Natalie Green
Visit Broker Website

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Margaret Ave
Terre Haute, IN 47803

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Terre Haute, IN 47803

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4051 Margaret Ave
  • Natalie Green
    Natalie Green
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