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    For Sale (22)

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    Turnkey Commercial Space in Linton
    $149,900
    1,680 SF

    Turnkey Commercial Space in Linton

    Secure, flexible, and move-in ready commercial space with income potential.

    390 S Main St, Linton, IN 47441
    View details
    Turnkey Restaurant and Bar Opportunity
    $440,000
    0.40 Acres

    Turnkey Restaurant and Bar Opportunity

    Fully equipped restaurant/bar with apartments in prime location.

    1367 Wabash Ave, Terre Haute, IN 47807
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    Modern Warehouse on 7 Acres
    $875,000
    8,400 SF

    Modern Warehouse on 7 Acres

    New warehouse with easy highway access on over 7 acres.

    5600 N 13Th St, Terre Haute, IN 47805
    View details
    Terre Haute Duplex For Sale
    $395,000

    Terre Haute Duplex For Sale

    Duplex located in Terre Haute, Indiana available for purchase.

    716 S Center St, Terre Haute, IN 47807
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    Terre Haute Duplex For Sale
    $280,000

    Terre Haute Duplex For Sale

    Duplex property for sale in Terre Haute, Indiana.

    1108 N 6Th St, Terre Haute, IN 47807
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    Versatile Retail Space in Indiana
    $215,000
    0.13 Acres

    Versatile Retail Space in Indiana

    High-visibility commercial space with endless possibilities in West Terre Haute.

    623 W National Ave, West Terre Haute, IN 47885
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    Residential Lot in Lewis, Indiana
    Contact for pricing
    0.42 Acres

    Residential Lot in Lewis, Indiana

    Corner lot with utilities available, ideal for future home.

    State St, Lewis, IN 47858
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    Equestrian Farm with Deer Creek
    $275,000
    10.50 Acres

    Equestrian Farm with Deer Creek

    10.5 acre farm with barns and equestrian facilities.

    1158 W Us Hwy 40 Hwy, Greencastle, IN 46135
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    37-Acre Development Site Near Airport
    $1,400,000
    36.83 Acres

    37-Acre Development Site Near Airport

    Prime development site near Terre Haute Regional Airport.

    Hulman St, Terre Haute, IN 47803
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    Gravel Lot in Terre Haute
    Contact for pricing
    0.10 Acres

    Gravel Lot in Terre Haute

    Gravel-covered lot suitable for equipment storage and outdoor space.

    1112 Buckeye St, Terre Haute, IN 47804
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    Residential Lots in Terre Haute
    Contact for pricing

    Residential Lots in Terre Haute

    Vacant residential lots available for sale in Terre Haute.

    1915 Locust St, Terre Haute, IN 47807
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    Residential Lot in Newer Subdivision
    Contact for pricing
    0.54 Acres

    Residential Lot in Newer Subdivision

    Residential lot in Sullivan, Indiana, ideal for building a home.

    Joy Dr, Sullivan, IN 47882
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    Residential Lot in Newer Subdivision
    Contact for pricing
    0.55 Acres

    Residential Lot in Newer Subdivision

    Building site in newer subdivision with newer homes.

    Joy Dr, Sullivan, IN 47882
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    Residential Lot in Newer Subdivision
    Contact for pricing
    0.35 Acres

    Residential Lot in Newer Subdivision

    Building site in newer subdivision with newer homes.

    Joy Dr, Sullivan, IN 47882
    View details
    Commercial Land Subdivision Opportunity
    $1,400,000
    11.96 Acres

    Commercial Land Subdivision Opportunity

    Commercial land available for subdivision with utilities in Terre Haute.

    E Margaret Dr, Terre Haute, IN 47803
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    Multifaceted Land South of Jasonville
    $279,900
    28.00 Acres

    Multifaceted Land South of Jasonville

    28-acre property with farming, hunting, and camping opportunities.

    Jasonville, IN 47438
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    Versatile Commercial Property in Sullivan
    $98,000
    0.33 Acres

    Versatile Commercial Property in Sullivan

    Commercial property with shop space and living quarters in Sullivan.

    937 N State St, Sullivan, IN 47882
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    Terre Haute Warehouse with Offices
    $259,900
    10,000 SF

    Terre Haute Warehouse with Offices

    Commercial warehouse with offices and loading docks for sale.

    131 N 10Th 1/2 St, Terre Haute, IN 47807
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    Commercial Land Near Highway 41
    $199,900
    3.74 Acres

    Commercial Land Near Highway 41

    3.74 acres of commercial land near Highway 41.

    W Springhill Dr, Terre Haute, IN 47802
    View details
    Hillsdale Restaurant/Bar with Rental Cabins
    $324,999
    5.44 Acres

    Hillsdale Restaurant/Bar with Rental Cabins

    Turn-key bar with rental cabins and RV camping spots.

    6611 S Old Us Hwy 63, Hillsdale, IN 47854
    View details
    Retail/Service Building on Three Lots
    $200,000
    3,173 SF

    Retail/Service Building on Three Lots

    3173 sq ft building on .36 acres, prime location.

    640 W National Ave, Brazil, IN 47834
    View details
    Established Donut Shop For Sale
    Contact for pricing

    Established Donut Shop For Sale

    Turnkey donut shop with drive-through in a busy location.

    Unknown, Linton, IN 47441
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    For Lease (1)

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    Downtown Sullivan Commercial Space Available
    $5,000 / Mo

    Downtown Sullivan Commercial Space Available

    5,084 SF commercial space in downtown Sullivan, Indiana.

    30 W Washington St, Sullivan, IN 47882
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Century 21 Elite
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