4120 S Us Highway 41 Terre Haute, IN 47802
Property profile & analytics
4120 S Us Highway 41, Terre Haute, IN 47802
- Auto shops
- 22,148 SF
- 5.30 lot acres
Property ID
US31-1496002
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dorsett Dodge Ram / Car Dealership / Auto Repair Shop
- Don's Daily Deals / Car Dealership
- Vigo Dodge / Car Dealership
Property Details for 4120 S Us Highway 41
- Year built
- 1968
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.30 lot acres
- Property type
- Auto shops
- APN
- 84-09-09-202-001.000-004
- APU
- 840909202001000004
Description
This exceptional 18,788-square-foot auto dealership, situated on a sizable 7-acre lot in Terre Haute, Indiana, presents a unique investment opportunity. Currently operating as a Dodge/RAM dealership, the property boasts a prime location along US Highway 41 South, a high-traffic corridor with a remarkable 37,237 vehicles passing daily. Built in 1968 and extensively renovated in 2023, including a new roof, the property features two buildings totaling over 19,000 square feet. Its strategic location is surrounded by thriving retail establishments and numerous restaurants, ensuring high visibility and accessibility. The property is zoned C, permitting a variety of uses beyond its current configuration, making it ideal for redevelopment or continued operation as an auto dealership. The asking price is $7,350,000. This property offers significant potential for investors seeking a high-traffic location with substantial square footage and the flexibility to adapt to various business needs. The combination of its prime location, recent renovations, and versatile zoning makes this a truly compelling investment opportunity in a growing market. The property's address is 4120 S US Hwy 41, Terre Haute, IN 47802.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $1,245,000 Current use
- COMMERCIAL (GENERAL)
- $1,775,000 Change: +43% Conversion: Moderate
- RESTAURANT
- $1,760,000 Change: +41% Conversion: Difficult
- MEDICAL BUILDING
- $1,695,000 Change: +36% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,675,000 Change: +35% Conversion: Difficult
- RETAIL STORES
- $1,460,000 Change: +17% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,020,000 Change: -18% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,010,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Terre Haute
- County
- Vigo
- State
- Indiana
- Longitude
- -87.4151
- Latitude
- 39.418
- CBSA code
- 45460
- CBSA name
- TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,115
$976,600
$511,000
$1,487,600
-
$976,600
$511,000
$1,487,600
