5000 Us Highway 41Terre Haute, IN 47802

Property Details for 5000 Us Highway 41

Year built

2003

Construction

TYPE NOT SPECIFIED

Lot size

1.00 AC

Property size (Sq ft)

11,454 SF

Property type

Outlet malls

APN

84-09-10-354-002.000-004

APU

840910354002000004

Description

This exceptional 30.38-acre commercial land parcel presents a remarkable investment opportunity in Terre Haute, Indiana. Strategically located on the 5000 Block of South US Highway 41, this property boasts unparalleled visibility and accessibility, situated near established retail giants such as Lowe's, Kmart, and Tractor Supply. The high traffic count of this major thoroughfare ensures significant exposure for any commercial development. The expansive lot size offers considerable flexibility for a wide range of projects, from large-scale retail centers to industrial facilities or mixed-use developments. Its prime location within Vigo County and proximity to Terre Haute's vibrant community makes this a highly desirable site for businesses seeking to establish a strong presence in a growing market. The asking price for this exceptional property is $999,000. Detailed site surveys and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a highly sought-after location. Don't miss out on this chance to secure a prime piece of Terre Haute real estate. The property's address is 5000 Block S US Highway 41, Terre Haute, IN 47802. The latitude and longitude coordinates are 39.4062412, -87.4053501 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $2,573,560

  6.5%

  $2,375,594

  7%

  $2,205,908

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,484,620

  Geo Method

  $2,484,620

• Alternative Use

  Use

  Valuation

  Residential

  $2,003,902

  Hospitality

  $1,835,564

  Educational

  $1,527,168

  Medical

  $1,579,689

  Retail

  $2,375,594

Location Insight

City

Terre Haute

County

Vigo

State

Indiana

Latitude

39.4062

Longitude

-87.4053

CBSA code

45460

CBSA name

TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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