Automotive Property with
For Sale
$332,500
1310 Poplar St, Terre Haute, IN 47807
Poplar Street site includes a dealership building and separate two-car garage.
Property Size864 SF
Price / SF$384.84
Days on Market80
Property Features for 1310 Poplar St
General Information
Standard status
Active
Size
864 SF
Site & Location
Traffic Count
6,100 vehicles/day
Road Access
Yes
Amenities
detached two-car garage
additional building currently being used as a car dealership
Building Details
Year Built
2000
Buildings
2
Listing Agency:
RE/MAX Cornerstone
Listed By:
Zachary Nichols · License #RB23001914
(765) 653-7070
Source:
Megandusing
Added: Jul 27
Changed: Oct 1
Last Checked: Oct 7 at 4:26PM
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 RE/MAX Cornerstone
Investment Insights
Based on property information with market context.
This automotive property includes a building currently used as a car dealership along with a detached two-car garage. The improvements support an existing automotive-oriented configuration on a 135' x 135' frontage area along Poplar Street.
The property records approximately 6,100 vehicles per day based on 2025 AADT, excluding traffic associated with 13th St. Its Terre Haute location and direct exposure to Poplar Street provide a setting suited to businesses that depend on visible access and passing traffic.
The property records approximately 6,100 vehicles per day based on 2025 AADT, excluding traffic associated with 13th St. Its Terre Haute location and direct exposure to Poplar Street provide a setting suited to businesses that depend on visible access and passing traffic.
Key Highlights
- Automotive property with building currently used as a car dealership
- Detached two‑car garage included
- 135' x 135' of road frontage on Poplar Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,763
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,260
$255.3K
Cap Rate 7%
$182,329
$182.3K
Cap Rate 9%
$141,811
$141.8K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$19.0K $21.96/SF
− Vacancy
−$740 −$0.86/SF
EGI
$18.2K $21.10/SF
− OpEx
−$5.5K −$6.33/SF
NOI
$12.8K $14.77/SF
Area
Vigo County, IN
Vacancy
3.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,260
Cap Rate 7%
$182,329
Cap Rate 9%
$141,811
Alternative Uses
Best Use
Industrial
$513.6K
$449.4K – $599.2K
NOI $35,954 @ 7.0% cap · market cap 10.81%
Second Best
Retail
$182.3K
$159.5K – $212.7K
NOI $12,763 @ 7.0% cap · market cap 3.84%
Theoretical Best
Warehouse
$623.7K
$545.7K – $727.6K
NOI $43,658 @ 7.0% cap · market cap 13.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6,100 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
67k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 25%
Groceries 4%
Speedway
Shops & Services
14,160 visits/mo
0.2 miles
Phillips 66
Shops & Services
11,985 visits/mo
0.1 miles
Dollar Tree
Shops & Services
9,520 visits/mo
0.4 miles
Marathon
Shops & Services
7,791 visits/mo
0.1 miles
Jimmy John's
Dining
6,055 visits/mo
0.4 miles
Demographics for 47807, IN
12,063
Population
6,805
Households
1.8
Avg Household Size
29
Median Age
13%
College-Educated
82%
High-School Grad
3.8 sq mi
ZIP Area
3,174
Density / Sq Mi
$24,389
Median Household Income
$15,611
Median Earnings
$910
Median Rent
$58,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Specialty Rim Supply — 500 S 9th St, Terre Haute, IN 47807
- U-Haul Neighborhood Dealer — 940 Poplar St, Terre Haute, IN 47807
Frequently Asked Questions
What type of property is this?
Automotive property - Poplar Street site includes a dealership building and separate two-car garage.
Where is this automotive property located?
The property is located at 1310 Poplar St Terre Haute, IN.
What is the asking price?
The asking price for this property is $332,500.
What are key features of this property?
This property features: Automotive property with building currently used as a car dealership; Detached two‑car garage included; 135' x 135' of road frontage on Poplar Street
