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    1805 Lockport Rd Terre Haute, IN 47802

    For Sale
    $130,000

    Commercial - Terre Haute, IN

    Lot size:
    4.77 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1805 Lockport Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M-1
    Lot size
    4.77 Acres

    Building Details

    Architectural style
    Other

    Remax Real Estate Associates (812) 235-4433 [email protected]

    Listing agent CHARLIE GOODWIN (812) 235-4433 License #RB14039681

    Listing date Nov 13, 2025

    MLS# 107973 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

    Commercial Land Near City Access

    This 4.77-acre commercial land is located near the intersection of Margaret Ave and Erie Canal Rd, offering convenient access to the city. The property benefits from visibility from the Margaret Ave overpass and has approximately 500 feet of frontage on Lockport Rd. The zoning is M-1, making it suitable for business development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.392774
    Latitude
    39.436207

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    FAQs

    What type of property is this?
    Commercial land - 4.77 acres of commercial land with high visibility.
    Where is this commercial land located?
    The property is located at 1805 Lockport Rd Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - 4.77 acres of M-1 (industrial) land; - Convenient location near Margaret Ave and Erie Canal Rd; - Easy access to the rest of the City
    (812) 235-4433
    Request Owner's contact information
    1805 Lockport Rd Terre Haute, IN 47802
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    Terre Haute, IN 47802
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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
    1805 Lockport Rd Terre Haute, IN 47802
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