Us Highway 41 Terre Haute, IN 47807
- Land
- 182.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us Highway 41
- Lot size
- 182.00 lot acres
- Property type
- Land
Description
This exceptional 182-acre commercial land parcel presents a unique investment opportunity in Terre Haute, Indiana. Strategically located at the exit ramp of bypass 641 and extending south to Dallas Road, this property boasts unparalleled visibility and accessibility. Situated at the northwest corner of Dallas Road and US Highway 41, it benefits from high traffic volume and prominent exposure. Currently zoned A-1, rezoning for commercial use is anticipated to be straightforward, making it ready for a wide range of development projects. The asking price is $5,460,000, translating to $30,000 per acre, reflecting the land's significant value and potential. The property's size and location make it suitable for large-scale commercial ventures requiring substantial acreage in a prime location. This offering is an excellent investment opportunity or a strong candidate for a 1031 exchange. The property's corporate ownership ensures a streamlined transaction process. The address is 0 S US Hwy 41, Terre Haute, IN 47807, Vigo County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Terre Haute
- County
- Vigo
- State
- Indiana
- Longitude
- -87.4137
- Latitude
- 39.4661