Property profile

4 Margaret Ave Terre Haute, IN 47802

OFF-MARKET
Land
1,421 SF 1.92 ac lot Built 1953
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.92-acre commercial property at 4 W Margaret Ave, Terre Haute, Indiana, presents a unique investment opportunity. The property includes a 1,421 square foot industrial building constructed in 1953, offering versatile potential for redevelopment or continued use. Its strategic location across from the post office makes it highly visible and accessible. The site's zoning allows for a variety of uses, making it ideal for entrepreneurs seeking a prominent location. Imagine the possibilities: a small motel, office space, restaurant, or even a grocery store could thrive here. Furthermore, the property benefits from its proximity to existing and planned residential development. A new apartment complex is slated for construction directly behind the property, increasing foot traffic and potential clientele. An existing apartment complex on nearby Wheeler Street further enhances the area's residential appeal. The asking price for this prime Terre Haute real estate is $499,000. The 47802 zip code offers convenient access to major transportation routes and local amenities. This property is ready for its next chapter, offering significant potential for growth and return on investment. Don't miss this chance to acquire a piece of Terre Haute's vibrant commercial landscape.

Property profile

Verified
Property type Land
Year built 1953
Total area 1,421 SF
Lot 1.92 ac (83,635 SF)

Cap rate & NOI

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

Location

4 Margaret Ave Terre Haute, IN 47802
Terre Haute metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4 Margaret Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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