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    2125 S State Road 46 Terre Haute, IN 47802

    For Sale
    $1,500,000

    Retail/Service - Terre Haute, IN

    Lot size:
    0.79 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 2125 S State Road 46

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-3
    Rooms
    Bathroom 1
    Bathrooms
    1
    Lot size
    0.79 Acres

    Building Details

    Floors in Building
    1.5
    Building materials
    Concrete
    Architectural style
    Other

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

    Listing agent OWEN TIPTON (812) 237-9190 License #RB

    Listing date Sep 29, 2025

    MLS# 107545 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 Location, Terre Haute

    Located in the fastest-growing commercial area of Terre Haute, this property currently operates as a car wash and offers endless opportunities for various business ventures. Situated on nearly an acre of land, the site allows for expansion of the existing expansive parking lot or the addition of more structures. The car wash business benefits from heated concrete, preventing water from freezing during winter. The property is positioned near the Terre Haute Casino Resort, a new Chipotle, Meijer, Walmart Supercenter, and a strip mall. This location is suitable for retail or service-oriented businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.333065
    Latitude
    39.440347

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    FAQs

    What type of property is this?
    Car wash - High-growth area retail/service property with endless opportunities.
    Where is this car wash located?
    The property is located at 2125 S State Road 46 Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime location in Terre Haute's fastest-growing commercial area.; - Nearly an acre of land with expansion possibilities.; - Existing car wash business with potential for continued operation.
    (812) 237-9190
    Request Owner's contact information
    2125 S State Road 46 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
    2125 S State Road 46 Terre Haute, IN 47802
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