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    Property profile & analytics

    47 Springhill Dr Terre Haute, IN 47802-8767

    • Auto shops
    • 12,080 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $2,125,000
    Last Sale
    Nov 10, 2020
    $1,850,000
    Location Intelligence
    Property ID
    US31-2896600
    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.

    Current Use by Public Records

    • Caliber Collision / Auto Bodywork Mechanic / Auto Dent Removal Service

    Property Details for 47 Springhill Dr

    Year built
    2014
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property size
    12,080 SF
    Property type
    Auto shops
    APN
    84-09-09-179-021.000-004
    APU
    840909179021000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,970,000
      6.5%
      $1,905,000
      7%
      $1,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,225,000
      Geo Method
      $2,160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,080,000
      Retail
      $1,895,000
      Mixed-Use
      $1,750,000
      Hospitality
      $1,935,000
      Educational
      $1,895,000
      Residential Income
      $1,890,000
      Energy
      $1,805,000
      Income-Based Land
      $1,965,000
      Food Service
      $1,830,000

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.418
    Latitude
    39.4128
    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
    $29,994
    $534,600
    $577,700
    $1,112,300
    -
    $534,600
    $577,700
    $1,112,300

    Comparable in this City

    • Value Estimation by Request
      2,064 SF

      7891 State Rd 63

      AUTO REPAIR, GARAGE • 2,064 SF
      7891 State Rd 63, Terre Haute, IN 47802-8757
      View Details
    • Value Estimation
      $2,085,000
      13,200 SF

      2929 3rd Pl

      AUTO REPAIR, GARAGE • 13,200 SF
      2929 3rd Pl, Terre Haute, IN 47802-3709
      View Details
    • Value Estimation
      $385,000
      9,286 SF

      3503 Us Hwy 41

      AUTO REPAIR, GARAGE • 9,286 SF
      3503 Us Hwy 41, Terre Haute, IN 47802-4101
      View Details
    • Value Estimation
      $440,000
      11,900 SF

      2101 Harlan Dr

      AUTO REPAIR, GARAGE • 11,900 SF
      2101 Harlan Dr, Terre Haute, IN 47802-6301
      View Details
    • Value Estimation by Request
      19,416 SF

      5800 Cottom Dr

      AUTO REPAIR, GARAGE • 19,416 SF
      5800 Cottom Dr, Terre Haute, IN 47802
      View Details
    • Value Estimation by Request
      1,380 SF

      1633 8th St

      AUTO REPAIR, GARAGE • 1,380 SF
      1633 8th St, Terre Haute, IN 47802-1709
      View Details

    Similar Nearby for Sale

    • $7,350,000
      18,788 SF

      Prime Terre Haute Auto Dealership

      18,788 SF, 7 Acres, High Traffic
      4120 Us Highway 41, Terre Haute, IN 47802
      View Details
    • $4,000,000
      4.00 Acres

      Retail/Service Property in Terre Haute

      Former auto dealership on 4 acres with high traffic.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $1,100,000
      1.00 Acre

      Retail/Service Property on US 41

      Former auto dealership on US 41 with high traffic.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $130,000
      0.39 Acres

      Commercial Property on Springhill Drive

      Highly visible commercial property in a strong traffic corridor.
      752 Springhill Dr, Terre Haute, IN 47802
      View Details
    • $1,500,000
      0.79 Acres

      Prime Commercial Location, Terre Haute

      High-growth area retail/service property with endless opportunities.
      2125 S State Road 46, Terre Haute, IN 47802
      View Details
    • $5,250,000
      5.00 Acres

      Retail/Service Property on US 41

      19,000 SF building on 5 acres, high traffic location.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details

    Similar Nearby for Lease

    • $3,814 /Mo
      29,621 SF

      Retail Space in Terre Haute

      Retail space in high-traffic area suitable for service business.
      3357 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • Contact for pricing

      Retail Space Near Walmart

      Retail spaces available near high-performing Walmart and Aldi.
      5791 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • Contact for pricing
      2,700 SF

      Retail Spaces Near Indiana State

      Newly constructed retail spaces available for lease near I-70.
      2101 S 3Rd St, Terre Haute, IN 47802
      View Details
    • Contact for pricing
      125,548 SF

      Riverside Plaza Retail Spaces

      High-traffic retail center; spaces available.
      3500 Us Highway 41, Terre Haute, IN 47802
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near Walmart

      Retail spaces available near major retailers and Indiana State University.
      5679-5793 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $2,700 /Mo
      22,651 SF

      Retail Space in High-Traffic Area

      Retail space available in high-traffic Terre Haute location.
      501 Honey Creek Dr, Terre Haute, IN 47802
      View Details
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    Terre Haute, IN 47802-8767
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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