4120 S Us Highway 41 Terre Haute, IN 47802
- Auto shops
- 22,148 SF
- 5.30 lot acres
Current Use by Public Records
- Dorsett Dodge Ram / Dodge Dealer
- Don's Daily Deals / Car Dealer
- Vigo Dodge / Car Dealer / Store
Property Details for 4120 S Us Highway 41
- Year built
- 1968
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.30 lot acres
- Property size
- 22,148 SF
- 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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
