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Mixed-Use Campus With Event Venue
For Sale
$5,945,000
Pending

5775 E Moyer Drive, Terre Haute, IN 47802

COMMERCIAL, Terre Haute, IN

Property Size31,000 SF
Lot Size133.00 Acres
Days on Market190

Property Features for 5775 E Moyer Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Lot features Near Airport, Near College Campus, On College Campus, Rural
Directions I-70 to SR 46, follow GPS to Subject
Subdivision Vigo County
Standard status Pending
APN 84-10-08-100-001.000-009
Lot size 133.00 Acres

Taxes and HOA fees

Tax Year 4051
Tax Description Legal description to be inserted in deed.
Legal Description Legal description to be inserted in deed.

Utilities

Cooling system Central Air
Water front features Pond
Water front 1

Building Details

Year built 1985
Flooring type Tile - Ceramic, Tile, Concrete, Carpet
Roof type Rubber
Listing Agency: Coldwell Banker Real Estate Gr
Listed By: Troy Helman · License #RB14036391
Added: Mar 31 Changed: Sep 14 Last Checked: Oct 6 at 1:06PM
MLS# 202610727

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use campus occupies 133 acres across five parcels and includes a main building with approximately 31,000 GBA. The interior combines production areas, laboratories, large event spaces, and a dedicated event venue. Flooring includes ceramic tile, concrete, carpet, and tile, while central air conditioning serves the building. Off-street parking and a pond are also present on the property.

The property is located at 5775 E Moyer Drive in Terre Haute, Indiana, near major interstates, retail, a casino, and the airport. Indianapolis is identified as approximately 70 miles away. The campus includes a rubber roof and was built in 1985.

Key Highlights

  • 133 acres across five parcels
  • Main building contains approximately 31,000 GBA
  • Production areas and laboratory space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$239,382
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,787,640 $4.8M
Cap Rate 7%
$3,419,743 $3.4M
Cap Rate 9%
$2,659,800 $2.7M
Market Conditions
NOI Build-Up for 31,000 SF
Gross rent
$435.2K $14.04/SF
− Vacancy
−$52.2K −$1.68/SF
EGI
$383.0K $12.36/SF
− OpEx
−$143.6K −$4.63/SF
NOI
$239.4K $7.72/SF
Area
Vigo County, IN
Vacancy
12.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,787,640
Cap Rate 7%
$3,419,743
Cap Rate 9%
$2,659,800

Alternative Uses

Best Use
Industrial
$18.43M
$16.13M – $21.50M (±1% cap)
NOI $1,290,011 @ 7.0% cap · market cap 21.70%
Second Best
Mixed Use
$3.42M
$2.99M – $3.99M (±1% cap)
NOI $239,382 @ 7.0% cap · market cap 4.03%
Theoretical Best
Warehouse
$22.38M
$19.58M – $26.11M (±1% cap)
NOI $1,566,442 @ 7.0% cap · market cap 26.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Spa & Massage Center Gym & Fitness Center

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

15
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Large mixed-use campus with production areas, laboratories, event spaces, and central air conditioning.
Where is this mixed-use property located?
The property is located at 5775 E Moyer Drive Terre Haute, IN.
What is the asking price?
The asking price for this property is $5,945,000.
What are key features of this property?
This property features: 133 acres across five parcels; Main building contains approximately 31,000 GBA; Production areas and laboratory space
More about this property
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