Showroom and Warehouse
For Sale
$1,800,000
1700 E Woodsmall Drive, Terre Haute, IN 47802
COMMERCIAL/INDUSTRIAL, Terre Haute, IN
Property Size10,078 SF
Lot Size1.30 Acres
Price / SF$178.61
Days on Market50
Property Features for 1700 E Woodsmall Drive
General Information
Property type
Residential
Property subtype
Retail
Zoning
C7, R1
Subdivision
Vigo County
Standard status
Active
APN
84-09-22-478-008.000-004
Lot size
1.30 Acres
Building Details
Floors in Building
1
Listing Agency:
PREFERRED REALTY
Listed By:
Becky Klingele
(812) 249-3920
Added: Sep 1
Changed: Oct 19
Last Checked: Oct 20 at 1:06AM
MLS# 110366
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This 10,078-square-foot mixed-use facility includes a retail showroom, office space, and warehouse and storage areas. The property occupies a 1.3-acre site at 1700 E Woodsmall Drive in Terre Haute and carries C7 and R1 zoning.
The current owner can remain under a leaseback arrangement or leave the property for the buyer to occupy. The facility has been used for business operations.
The current owner can remain under a leaseback arrangement or leave the property for the buyer to occupy. The facility has been used for business operations.
Key Highlights
- 10,078‑square‑foot facility on a 1.3‑acre site
- Retail showroom, offices, and warehouse and storage space
- Zoning: C7, R1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,877
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,977,540
$3.0M
Cap Rate 7%
$2,126,814
$2.1M
Cap Rate 9%
$1,654,189
$1.7M
Market Conditions
NOI Build-Up for 10,078 SF
Gross rent
$221.3K $21.96/SF
− Vacancy
−$8.6K −$0.86/SF
EGI
$212.7K $21.10/SF
− OpEx
−$63.8K −$6.33/SF
NOI
$148.9K $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%
$2,977,540
Cap Rate 7%
$2,126,814
Cap Rate 9%
$1,654,189
Alternative Uses
Best Use
Warehouse
$7.27M
$6.37M – $8.49M
NOI $509,245 @ 7.0% cap · market cap 28.29%
Second Best
Retail
$2.13M
$1.86M – $2.48M
NOI $148,877 @ 7.0% cap · market cap 8.27%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 47802, IN
34,229
Population
14,682
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
158.8 sq mi
ZIP Area
216
Density / Sq Mi
$58,880
Median Household Income
$36,457
Median Earnings
$865
Median Rent
$165,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The facility combines customer-facing display space with offices and storage areas.
Where is this mixed-use property located?
The property is located at 1700 E Woodsmall Drive Terre Haute, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10,078‑square‑foot facility on a 1.3‑acre site; Retail showroom, offices, and warehouse and storage space; Zoning: C7, R1
