0 Fort Harrison Pkwy Terre Haute, IN 47804
This exceptional investment opportunity presents a thriving 7,965 square-foot express exterior car wash located in Terre Haute, Indiana, on Fort Harrison Pkwy, zip code 47804. Built in 2000 and renovated in 2019, the property sits on a 0.85-acre lot (APN 84-06-451-010-000-002) and is zoned C-3. The single-story building features three tandem bays, accommodating up to six vehicles simultaneously, offering significant potential for future expansion into complementary services such as lube or repair. Its prime location on a high-traffic, high-growth corridor, less than two and a half miles from Indiana State University, ensures consistent customer flow and strong visibility. The substantial street frontage further enhances its appeal. The asking price is $1,500,000, translating to $188.32 per square foot. The property's ample space allows for the construction of new or expanded facilities, presenting incredible growth opportunities. This is a turnkey operation ready for a new owner to capitalize on its existing success and future potential. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.