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    4120 S Us Highway 41 Terre Haute, IN 47802

    For Sale
    $4,000,000

    Retail/Service - Terre Haute, IN

    Lot size:
    4.00 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 4120 S Us Highway 41

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Lot size
    4.00 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Architectural style
    Other

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

    Listing agent DAVE CASH (812) 235-4433 License #RB14017104

    Listing date Nov 21, 2025

    MLS# 107463 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

    Retail/Service Property in Terre Haute

    This property features a 19,000-square-foot building, plus an additional 2,400-square-foot building, situated on approximately 4 acres. Formerly an auto dealership, the site is located along US 41 South, benefiting from a high traffic count of 37,237 vehicles per day. The property is suitable for a variety of uses and development opportunities. A new roof was installed in 2023. The location is surrounded by major retail shopping and multiple restaurants. The zoning is 'C'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dorsett Dodge Ram Dodge Dealer Don's Daily Deals Car Dealer Vigo Dodge Car Dealer

    Suggested Use

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

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

    Similar Places Nearby

    Mace Ford, Mace Ford Service, Rural King Tractors, Indiana Tint and Dent, Caliber Collision

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.415628
    Latitude
    39.417514

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    FAQs

    What type of property is this?
    Auto shop - Former auto dealership on 4 acres with high traffic.
    Where is this auto shop located?
    The property is located at 4120 S Us Highway 41 Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - High traffic location with 37,237 vehicles per day (VPD) on US 41 South.; - Large property size: **19,000 Sq Ft building plus a 2,400 Sq Ft building on approximately 4 acres.**; - New roof installed in 2023.
    (812) 235-4433
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    4120 S Us Highway 41 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
    4120 S Us Highway 41 Terre Haute, IN 47802
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