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    4400 Margaret Ave Terre Haute, IN 47802

    For Sale
    $3,000,000

    Commercial - Terre Haute, IN

    Lot size:
    37.09 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 4400 Margaret Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    Exterior features
    Paved Street
    Lot size
    37.09 Acres

    Building Details

    Architectural style
    Other

    Prudential Newlin-Johnson Realtors (812) 478-1957 [email protected]

    Listing agent LYNDA MILLER (812) 478-1900 License #RB14029202

    Listing date Aug 4, 2025

    MLS# 107115 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 Near Casino

    This is a 37.09-acre commercial land parcel situated adjacent to the Terre Haute Casino. Located in the I-70/SR-46 corridor, the property benefits from high visibility and proximity to national hotel chains, restaurants, shopping centers, convenience stations, and warehousing facilities. The location experiences high traffic and offers convenient interstate access, making it suitable for commercial, retail, hospitality, or mixed-use developments. The land is currently surrounded by hotels, eateries, retail stores, and fuel stations. Potential uses include hotels or lodging, dining, retail, warehousing, convenience businesses, entertainment or recreation venues, and mixed-use commercial projects. The property is located at the intersection of I-70 and SR46. A truck stop is currently under construction at the corner of Margaret Avenue.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.4056
    Latitude
    39.3587

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    FAQs

    What type of property is this?
    Commercial land - 37+ acres of commercial land adjacent to Terre Haute Casino.
    Where is this commercial land located?
    The property is located at 4400 Margaret Ave Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Prime commercial land: Over 37 acres adjacent to the new Terre Haute Casino.; - Located in the high-visibility I-70/SR-46 corridor.; - High-traffic area with strong commercial synergy.
    (812) 478-1900
    Request Owner's contact information
    4400 Margaret Ave 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

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    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
    4400 Margaret Ave Terre Haute, IN 47802
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