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Mixed-Use Development Land Opportunity

4915 E Margaret Dr Terre Haute, IN 47803

4915 E Margaret Dr, Terre Haute, IN, 47803
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For Sale
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Proposed 13.8-acre mixed-use development site along East Margaret Drive in Terre Haute, Indiana.

Lot Size13.80 Acres
Days on Market102

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 Updated: Jul 21 at 2:07AM 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

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Parking Lot & Garage Building Supply HVAC Service Electrical Service Locksmith Storage Facility Garden Center Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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