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Mixed-Use Development Land Opportunity
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4915 E Margaret Dr, Terre Haute, IN 47803

Proposed 13.8-acre mixed-use development site along East Margaret Drive in Terre Haute, Indiana.

Property SizeContact for details
Lot Size13.80 Acres
Days on Market120

Property Features for 4915 E Margaret Dr

General Information

Standard status Active
Lot size 13.80 Acres
Property subtype Land
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Michael Gantman · License #IL 475.121468
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

Marcus & Millichap’s National Hospitality Division presents a proposed mixed-use development opportunity on 13.8 acres in Terre Haute, Indiana. The offering is presented on a “call for offers” basis for qualified investors.

The development site is located along East Margaret Drive and is positioned near a range of local attractions and demand generators, including downtown Terre Haute and Indiana State University. The information provided also references nearby national retailers and commercial businesses such as Wal-Mart, McDonald’s, Taco Bell, Verizon, FedEx, and major banking and lodging operators.

The lot directly across the street from the site is referenced as the Queen of Terre Haute Casino Resort, projected to open in late 2023. Other area employers and institutions mentioned include Rose Hulman, Bemis, Sony/DADC, Simonton Windows, and Ivy Hill, along with additional demand drivers such as Riverside Plaza Shopping Center, Honey Creek Mall, and Rea Park Golf Course.

Key Highlights

  • Proposed 13.8‑acre mixed‑use development site along East Margaret Drive in Terre Haute, Indiana
  • Call for offers sale basis for qualified investors
  • Site is positioned near Indiana State University (founded 1865), with 7,700+ students and extensive academic programs

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Building Supply HVAC Service Electrical Service Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 47803, IN

21,832
Population
9,516
Households
2.3
Avg Household Size
38
Median Age
37%
College-Educated
95%
High-School Grad
33.4 sq mi
ZIP Area
654
Density / Sq Mi
$59,306
Median Household Income
$35,454
Median Earnings
$895
Median Rent
$146,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Proposed 13.8-acre mixed-use development site along East Margaret Drive in Terre Haute, Indiana.
Where is this commercial land located?
The property is located at 4915 E Margaret Dr Terre Haute, IN.
What are key features of this property?
This property features: Proposed 13.8‑acre mixed‑use development site along East Margaret Drive in Terre Haute, Indiana; Call for offers sale basis for qualified investors; Site is positioned near Indiana State University (founded 1865), with 7,700+ students and extensive academic programs
(972) 755-5302 Call to check price and availability
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