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    FOR SALE
    Medical Office Space

    5015 S Us Highway 41, Terre Haute, IN 47802

    12,180 SF 1.29 ac lot Built 1994
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-1571237
    Property summary
    AI-generated overview

    This exceptional 12,180 square foot retail property, situated on 1.29 acres of land at 5015 S US Hwy 41 in Terre Haute, Indiana, presents a unique investment opportunity. Built in 1994, this single-story building boasts a highly flexible layout, perfect for a variety of businesses. The property features a spacious showroom on the west side, ideal for product display, and an office area on the east side, suitable for administrative functions or potential rental income. The east side also includes an attractive entryway with a large sitting area. A warehouse with a loading dock at the rear of the building facilitates efficient logistics and inventory management. Upstairs, there's additional space for pallet rack storage, along with a separate office and break room. The property includes 30 parking spaces and is zoned for commercial use (APN: 84-09-09-476-017.000-004). Currently 100% occupied, this prime location offers high visibility to southbound traffic on US Hwy 41, ensuring strong customer exposure. The asking price is $850,000. This is a rare chance to acquire a well-established, versatile commercial property in a thriving location. Don't miss this opportunity to secure a valuable asset in a high-traffic area of Terre Haute.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1994
    Construction WOOD
    Total area 12,180 SF
    Lot 1.29 ac (56,410 SF)
    APN 84-09-09-476-017.000-004
    UPID US31-1571237
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ji Ge · 3 yrs held
    Ji Ge
    since 2022
    2 recorded transactions
    2022
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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