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    400 W Johnson Dr Terre Haute, IN 47802

    Picture of Commercial land at W Johnson Dr 400, Terre Haute, IN
    For Sale
    $649,000

    Commercial - Terre Haute, IN

    Lot size:
    7.64 Acres
    Days on Market:
    251
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 400 W Johnson Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    Lot size
    7.64 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent OSCAR SISON (812) 235-4433 License #RB14007310

    Listing date Apr 1, 2025

    MLS# 105947 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

    Terre Haute Commercial Land

    This 7.64-acre commercial land is located in Terre Haute, Indiana. Currently zoned R-1, the property is ready for development and will need to be rezoned for commercial use.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -87.4133721
    Latitude
    39.4237432

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    FAQs

    What type of property is this?
    Commercial land - 7.64 acre commercial land for sale in Terre Haute.
    Where is this commercial land located?
    The property is located at 400 W Johnson Dr Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Ready for development; - Potential for commercial use; - Rezoning required for commercial use
    (812) 235-4433
    Request Owner's contact information
    400 W Johnson Dr 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
    400 W Johnson Dr Terre Haute, IN 47802
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