Property profile

7093 Rosedale Rd Terre Haute, IN 47805

OFF-MARKET
Retail space
Property ID
US31-2232396
1,059 SF 0.95 ac lot Built 1965
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Terre Haute property offers a thriving, established restaurant business known as Green Acres Daily Bar, situated on a 0.95-acre parcel. The sale includes all equipment and inventory. The restaurant features convenient parking, covered picnic areas, and a fenced playground, enhancing its appeal to families and the community. Recent improvements include expanded serving space and a drive-through window, optimizing customer service and efficiency. A significant added value is the inclusion of approximately 3.43 acres of level, vacant land adjacent to the restaurant. This expansive area presents numerous development opportunities, potentially for expansion of the existing business, hosting community events, or constructing additional buildings. The asking price for this combined restaurant and land package is $289,000. This presents a unique opportunity to acquire a well-established business with significant expansion potential in a desirable location. The property is located at 7093 Rosedale RD, Terre Haute, IN 47805, Vigo County. The combined lot size totals 4.38 acres. This is a turnkey operation ready for a new owner to step in and continue the success of this beloved local establishment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction WOOD
Total area 1,059 SF
Lot 0.95 ac (41,382 SF)
APN 84-03-20-353-001.000-012
UPID US31-2232396

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

7093 Rosedale Rd Terre Haute, IN 47805-9615
Terre Haute metro Census 10202 TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2016
3 recorded transactions
2020
Price N/A
2016
Price N/A
2016
$245,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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