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    105 S Forest Ave Brazil, IN 47834

    For Sale
    $795,000

    Retail/Service - Brazil, IN

    Lot size:
    0.60 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 105 S Forest Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    C/I
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Interior features
    Security System, Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.60 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Prudential Newlin-Johnson Realtors (812) 478-1957 [email protected]

    Listing agent ANDREW SOUTHARD (812) 478-1900 License #RB16001137

    Listing date Sep 23, 2025

    MLS# 107501 Listing URL

    Copyright © 2025 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Corner Lot in Brazil

    Located on a high-visibility corner lot along US Hwy 59 in downtown Brazil, IN, this 8,640 SF building presents a prime commercial opportunity. The property benefits from a daily traffic count of 8,994 vehicles. It offers potential for various business uses and features 29 parking spaces. The roof, only 2 years old, comes with a 15-year warranty. Inside, the building includes 12' high ceilings, two restrooms, and one office space. Three double-door entrances provide versatile access. Additional features include a lighted parking lot, a fenced and enclosed covered concrete patio on the south side suitable for additional storage, and a camera security system. The property is located at 105 S Forest Ave, Brazil, IN, and combines size, functionality, and exposure, making it an investment for retail, warehouse, or service-oriented businesses. The lot size is 0.6 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brazil
    County
    Clay
    State
    Indiana
    Longitude
    -87.124855
    Latitude
    39.524742

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    FAQs

    What type of property is this?
    Retail property - 8,640 SF building ideal for retail, warehouse, or service businesses.
    Where is this retail property located?
    The property is located at 105 S Forest Ave Brazil, IN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - High-visibility corner lot on US Hwy 59 with 8,994 daily traffic count.; - 8,640 SF building suitable for retail, warehouse, or service-oriented businesses.; - New roof (2 years old) with a 15-year warranty.
    (812) 478-1900
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    105 S Forest Ave Brazil, IN 47834
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    Realmo Value Estimation

    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.

    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.

    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
    105 S Forest Ave Brazil, IN 47834
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