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    1900 4Th St Terre Haute, IN 47804

    Sponsored
    For Sale
    $369,000

    1.5 Acres, $369,000 - Rezoning Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.5-acre industrial property, located at 1900 N 4th St in Terre Haute, Indiana, presents a unique investment opportunity. Priced at $369,000, this lot is the only property of its size on N. 4th Street in close proximity to the hospital. The property's current zoning requires rezoning for intended use, offering potential for significant future value. Situated in Vigo County, with a zip code of 47804, the property's coordinates are 39.488585 latitude and -87.413213 longitude. Its classification encompasses industrial, land, and special purpose designations, making it suitable for a variety of commercial developments. The substantial lot size provides ample space for construction or expansion projects. Given its strategic location and the potential for rezoning, this property represents a compelling investment prospect for developers and entrepreneurs seeking a prime location in Terre Haute. The unique size and proximity to the hospital make this a rare opportunity in the local market. Interested parties should conduct their own due diligence regarding zoning regulations and potential development plans.

    Property Features for 1900 4Th St

    General Information

    Property type
    Specialty properties
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre industrial lot in Terre Haute, IN, priced at $369,000.
    • Sole 1.5‑acre property on N. 4th St. near the hospital.
    • Requires rezoning for intended use.
    • Located in Vigo County, zip code 47804 (39.488585, -87.413213).
    • Zoned industrial, land, and special purpose; suitable for various commercial developments.
    • Ample space for construction or expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    St. George Orthodox ... Orthodox Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.413213
    Latitude
    39.488585

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    FAQs

    What type of property is this?
    Specialty property - 1.5 Acres, $369,000 - Rezoning Potential
    Where is this specialty property located?
    The property is located at 1900 4Th St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: 1.5-acre industrial lot in Terre Haute, IN, priced at $369,000.; Sole 1.5-acre property on N. 4th St. near the hospital.; Requires rezoning for intended use.
    Request Owner's contact information
    1900 4Th St Terre Haute, IN 47804
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    Terre Haute, IN 47804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1900 4Th St Terre Haute, IN 47804
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