5500 Us Highway 41Terre Haute, IN 47802

  • Commercial land
  • 0.19 AC
For Sale
$1,590,000 View listing

Property Details for 5500 Us Highway 41

Lot size
0.19 AC
Property type
Commercial land
APN
84-09-15-177-006.000-005
APU
840915177006000005

Description

This exceptional 6-acre industrial land parcel presents a compelling investment opportunity in Terre Haute, Indiana. Strategically located at 5500 S US Hwy 41, this property enjoys unparalleled visibility and accessibility. Situated directly across from a Walmart Supercenter, Five Guys Burgers, and numerous car dealerships, this site benefits from the high traffic volume and established commercial presence of the Southside Shopping/business district. All utilities are readily available, ensuring seamless development and operational efficiency. The C4 zoning permits a wide range of industrial uses, catering to diverse business needs. Easy access to major highways further enhances the property's logistical advantages, making it an ideal location for distribution centers, manufacturing facilities, or other industrial enterprises. The high traffic count and the concentration of food and retail businesses in the immediate vicinity create a robust market for potential development. The APN is 84-09-15-177-002.000-004. The asking price for this prime industrial land is $1,590,000. This property offers significant potential for substantial return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,417,469
    Hospitality
    $1,298,394
    Educational
    $1,080,248
    Medical
    $1,117,400
    Retail
    $1,680,386

Location Insight

City
Terre Haute
County
Vigo
State
Indiana
Latitude
39.4007
Longitude
-87.4017
CBSA code
45460
CBSA name
TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$386
$12,000
-
$12,000
-
$12,000
-
$12,000

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