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    W Us Highway 40 Brazil, IN 47834

    For Sale
    $366,750

    Commercial - Brazil, IN

    Lot size:
    5.04 Acres
    Days on Market:
    374
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for W Us Highway 40

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Com
    Exterior features
    Paved Street
    Lot size
    5.04 Acres

    Building Details

    Architectural style
    Other

    HOOSIER HOMES & LAND (812) 448-1127 [email protected]

    Listing agent TERESA HARDEN-RINGO (812) 448-1127 License #RB14037837

    Listing date Nov 27, 2024

    MLS# 98741 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

    Commercial Land on Growing West

    This commercial land opportunity is located on the growing west side of Brazil, Indiana. The property consists of 4.89 acres, though the listing indicates 5.04 acres. It is suitable for building to suit in front of the Villas of Holly Brook Assisted Living. City water and sewer are available on site. TIF benefits are available. The location is ideal for retail, a doctor's office, or other businesses. The parcel can be subdivided.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Brazil
    County
    Clay
    State
    Indiana
    Longitude
    -87.1262
    Latitude
    39.5158

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    FAQs

    What type of property is this?
    Commercial land - Commercial opportunity on the growing west side of Brazil, Indiana.
    Where is this commercial land located?
    The property is located at W Us Highway 40 Brazil, IN.
    What is the asking price?
    The asking price for this property is $366,750.
    What are key features of this property?
    This property features: - Prime commercial opportunity on the growing west side of Brazil.; - 4.89 acres suitable for build-to-suit development.; - TIF BENEFITS available.
    (812) 448-1127
    Request Owner's contact information
    W Us Highway 40 Brazil, IN 47834
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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
    W Us Highway 40 Brazil, IN 47834
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