Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 1St St Terre Haute, IN 47802

    Sponsored
    For Sale
    $3,390,000

    113 Acres, Agricultural & Commercial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 113.393-acre property presents a unique investment opportunity in Terre Haute, Indiana. Located at the intersection of South 1st and Springhill Streets, this expansive land parcel boasts significant frontage on both roads, offering excellent accessibility and visibility. The property's diverse zoning allows for both agricultural and commercial uses, providing flexibility for a wide range of development possibilities. With 90 tillable acres, this land is ideal for farming operations or agricultural-related businesses. The remaining acreage offers potential for various commercial ventures, subject to local zoning regulations. The property's strategic location within Vigo County, coupled with its substantial size and dual-use zoning, makes it an attractive proposition for investors seeking a versatile and high-potential land asset. The assessed parcel number (APN) is 84-09-09-300-007.000-004. The asking price for this significant land holding is $3,390,000. This represents a compelling opportunity to acquire a substantial tract of land in a growing area with diverse development potential. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Terre Haute, IN, zip code 47802.

    Property Features for 1 1St St

    General Information

    Property type
    Farms
    Lot Size
    4,939,399 SF

    HighLights

    • 113.393‑acre property in Terre Haute, IN (47802).
    • High visibility location at S 1st & Springhill Streets with significant road frontage.
    • Diverse zoning allows for agricultural and commercial uses.
    • Includes 90 tillable acres.
    • APN: 84‑09‑09‑300‑007.000‑004.
    • Asking price: $3,390,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.416016
    Latitude
    39.4123714

    Nearby Similar for Sale

    • $440,000
      0.40 Acres

      Turnkey Restaurant and Bar Opportunity

      Fully equipped restaurant/bar with apartments in prime location.
      1367 Wabash Ave, Terre Haute, IN 47807
      View Details
    • $749,000
      1.29 Acres

      Retail/Service Property on US Hwy 41

      Commercial property with showroom, office, and warehouse space.
      5015 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • New
      $600,000
      0.28 Acres

      Established Restaurant and Bar Opportunity

      Well-established restaurant/bar with banquet hall near Indiana State University.
      932 Locust St, Terre Haute, IN 47807
      View Details
    • $325,000
      0.82 Acres

      Freestanding Commercial Building on Lafayette

      Freestanding commercial building with high visibility and move-in readiness.
      2160 Lafayette Ave, Terre Haute, IN 47805
      View Details
    • $899,000
      0.74 Acres

      Terre Haute Retail/Service Property

      11,462 SF steel building on 0.74 acres for sale.
      2509 S 1St St, Terre Haute, IN 47802
      View Details
    • $199,000
      1.48 Acres

      Skating Rink with C2 Zoning

      Skating rink with hardwood floor, lounge, kitchen, and ample parking.
      4600 N Smith St, Terre Haute, IN 47805
      View Details
    • $5,250,000
      5.00 Acres

      Retail/Service Property on US 41

      19,000 SF building on 5 acres, high traffic location.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $4,000,000
      4.00 Acres

      Retail/Service Property in Terre Haute

      Former auto dealership on 4 acres with high traffic.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $649,900
      1.28 Acres

      Spacious Office Building, Terre Haute

      Versatile office building with ample space and convenient location.
      3900 S 7Th St, Terre Haute, IN 47802
      View Details
    • $1,850,000
      3.31 Acres

      Terre Haute Industrial/Warehouse Space

      Industrial/warehouse space with office, docks, and ample parking.
      5150 E Margaret Dr, Terre Haute, IN 47803
      View Details
    • $249,900

      Former Church with Commercial Potential

      Versatile Terre Haute property suitable for various commercial uses.
      2228 S 7Th St, Terre Haute, IN 47802
      View Details
    • $550,000
      2.05 Acres

      Commercial Pole Buildings - Terre Haute

      2.05-acre commercial property with two versatile pole buildings.
      703 N Fruitridge Ave, Terre Haute, IN 47803
      View Details

    FAQs

    What type of property is this?
    Farm - 113 Acres, Agricultural & Commercial
    Where is this farm located?
    The property is located at 1 1St St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $3,390,000.
    What are key features of this property?
    This property features: 113.393-acre property in Terre Haute, IN (47802).; High visibility location at S 1st & Springhill Streets with significant road frontage.; Diverse zoning allows for agricultural and commercial uses.
    Request Owner's contact information
    1 1St St Terre Haute, IN 47802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 1St St
    Terre Haute, IN 47802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1 1St St Terre Haute, IN 47802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.