Highway-Corner Flex
For Sale
$1,800,000
E Confidential Drive, Terre Haute, IN 47802
COMMERCIAL/INDUSTRIAL, Terre Haute, IN
Property Size10,078 SF
Lot Size1.30 Acres
Price / SF$178.61
Days on Market47
Property Features for E Confidential Drive
General Information
Property type
Residential
Property subtype
Retail
Zoning
C7, R1
Subdivision
Vigo County
Standard status
Active
APN
to be provided
Lot size
1.30 Acres
Building Details
Floors in Building
1
Listing Agency:
PREFERRED REALTY
Listed By:
Becky Klingele · License #RB14028499
(812) 249-3920
Added: Sep 1
Changed: Sep 3
Last Checked: Oct 17 at 7:06AM
MLS# 110366
Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space facility contains 10,078 square feet arranged for multiple commercial functions, including a retail showroom, offices, and warehouse or storage areas. The configuration supports a blend of customer-facing and back-of-house operations within one property.
The 1.3-acre site occupies a highway corner in Terre Haute, Indiana, with zoning identified as C7 and R1. The property is located on E Confidential Drive in the 47802 ZIP code.
The 1.3-acre site occupies a highway corner in Terre Haute, Indiana, with zoning identified as C7 and R1. The property is located on E Confidential Drive in the 47802 ZIP code.
Key Highlights
- 10,078‑square‑foot flex space facility
- Retail showroom, office, and warehouse/storage areas
- 1.3‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,877
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,977,540
$3.0M
Cap Rate 7%
$2,126,814
$2.1M
Cap Rate 9%
$1,654,189
$1.7M
Market Conditions
NOI Build-Up for 10,078 SF
Gross rent
$221.3K $21.96/SF
− Vacancy
−$8.6K −$0.86/SF
EGI
$212.7K $21.10/SF
− OpEx
−$63.8K −$6.33/SF
NOI
$148.9K $14.77/SF
Area
Vigo County, IN
Vacancy
3.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,977,540
Cap Rate 7%
$2,126,814
Cap Rate 9%
$1,654,189
Alternative Uses
Best Use
Warehouse
$7.27M
$6.37M – $8.49M
NOI $509,245 @ 7.0% cap · market cap 28.29%
Second Best
Industrial
$5.99M
$5.24M – $6.99M
NOI $419,378 @ 7.0% cap · market cap 23.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial facility combining showroom, office, and warehouse/storage areas.
Where is this flex space located?
The property is located at E Confidential Drive Terre Haute, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10,078‑square‑foot flex space facility; Retail showroom, office, and warehouse/storage areas; 1.3‑acre site
