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    2023 N 3Rd St Terre Haute, IN 47804

    For Sale
    $499,000

    Commercial - Terre Haute, IN

    Lot size:
    5.97 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 2023 N 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    Exterior features
    Rock Driveway, RV Parking, Paved Street
    Lot size
    5.97 Acres

    Building Details

    Architectural style
    Other

    Gibson Real Estate (812) 243-9810 [email protected]

    Listing agent CARRIE SMITH (812) 237-9190 License #RB14039377

    Listing date Oct 7, 2025

    MLS# 107639 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

    Prime Commercial Land on US HWY

    This property features approximately 6 acres of commercial real estate with 433 feet of road frontage along US HWY 41. Situated on the northern side of Terre Haute, Indiana, the location provides convenient access to amenities in Vigo & Vermillion County. Nearby landmarks include Union Hospital, Vigo Pharmacy, and IN-63. The property is zoned for commercial use and includes on-site electrical connections, presenting a promising opportunity.
    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
    -87.413675
    Latitude
    39.490066

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    FAQs

    What type of property is this?
    Commercial land - Approximately 6 acres of commercial real estate with road frontage.
    Where is this commercial land located?
    The property is located at 2023 N 3Rd St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Approximately 6 acres of prime commercial real estate with 433 feet of Road Frontage on US HWY 41.; - Convenient location near Union Hospital, Vigo Pharmacy, and IN-63.; - On-site electrical connections.
    (812) 237-9190
    Request Owner's contact information
    2023 N 3Rd St Terre Haute, IN 47804
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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
    2023 N 3Rd St Terre Haute, IN 47804
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