Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    6601 Carlisle St Terre Haute, IN 47802-4765

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6601 Carlisle St Terre Haute, IN 47802-4765

    View on Map
    • Office properties & Spaces
    • 157,155 SF
    • 25.64 lot acres
    Off-Market
    Property ID
    US31-2259015
    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.
    Value Estimations
    $11,605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Honey Creek Middle School / High School

    Property Details for 6601 Carlisle St

    Year built
    1993
    Construction
    CONCRETE
    Lot size
    25.64 lot acres
    Property size
    157,155 SF
    Property type
    Office properties & Spaces
    APN
    84-09-22-176-006.000-004
    APU
    840922176006000004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,601,000
      Market price range: $3.47M - $17.3M
      AI Estimate
      $12,610,000
      Market price range: $5.70M - $21.4M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.4019
    Latitude
    39.386
    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
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,565,000
      12,876 SF

      400 Industrial Dr

      OFFICE (GENERAL) • 12,876 SF
      400 Industrial Dr, Terre Haute, IN 47802-9828
      View Details
    • Value Estimation by Request
      720 SF

      1501 Washington Ave

      OFFICE (GENERAL) • 720 SF
      1501 Washington Ave, Terre Haute, IN 47802-1542
      View Details
    • Value Estimation
      $11,775,000
      159,440 SF

      2000 9th St

      OFFICE (GENERAL) • 159,440 SF
      2000 9th St, Terre Haute, IN 47802-3116
      View Details
    • Value Estimation
      $525,000
      7,118 SF

      1200 Lockport Rd

      OFFICE (GENERAL) • 7,118 SF
      1200 Lockport Rd, Terre Haute, IN 47802-3104
      View Details
    • Value Estimation
      $1,485,000
      20,080 SF

      1101 13th St

      OFFICE (GENERAL) • 20,080 SF
      1101 13th St, Terre Haute, IN 47802-1409
      View Details
    • Value Estimation by Request
      2,647 SF

      5599 Price Dr

      OFFICE (GENERAL) • 2,647 SF
      5599 Price Dr, Terre Haute, IN 47802
      View Details

    Similar Nearby for Sale

    • New
      $650,000
      2.63 Acres

      Versatile Commercial/Mixed-Use Opportunity

      Adaptable commercial property suitable for various business needs.
      6700 S Carlisle St, Terre Haute, IN 47802
      View Details
    • $315,000
      4,576 SF

      Versatile Commercial Property in Terre Haute

      Suite-configured property ideal for salon, spa, medical, or office use.
      455 West Springhill Dr, Terre Haute, IN 47802
      View Details
    • $199,900
      4,692 SF

      Versatile Mixed-Use Property, Terre Haute

      Former church suitable for various commercial or community purposes.
      1442 S 10Th St, Terre Haute, IN 47802
      View Details
    • $112,000
      1,036 SF

      Commercial Office Opportunity Near I-70

      Former residence, commercially zoned, suitable for professional office use.
      3100 S 7Th St, Terre Haute, IN 47802
      View Details
    • $579,900
      3,600 SF

      Terre Haute Investment Opportunity

      Three-building commercial package with retail, rental, and residential potential.
      3403 S 7Th St, Terre Haute, IN 47802
      View Details
    • $1,600,000
      1.31 Acres

      Remodeled Office Building Investment Opportunity

      5,600 SF commercial building with long-term tenant in place.
      525 W Honey Creek Dr, Terre Haute, IN 47802
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      50,094 SF

      Terre Haute Office Space Available

      Variety of office spaces for lease in Terre Haute.
      501 E Hospital Ln, Terre Haute, IN 47802
      View Details
    • $6,000 /Mo
      55,757 SF

      Spacious Office Building For Lease

      Versatile office space with ample parking and recent upgrades.
      3900 S 7Th St, Terre Haute, IN 47802
      View Details
    • $18 SF/Yr
      376,358 SF

      Commercial Land on US Hwy 41

      Prime commercial land for ground lease or build to suit.
      S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $1,734 /Mo

      Retail/Service Space For Rent

      High-traffic location ideal for retail, restaurant, or office.
      688 E Springhill Dr, Terre Haute, IN 47802
      View Details
    • $4,500 /Mo
      17,424 SF

      New Flex Space in Terre Haute

      Brand-new flex space with office and warehouse in Terre Haute.
      1460 Washington Ave, Terre Haute, IN 47802
      View Details
    • $1,500 /Mo

      Retail/Office Space in Terre Haute

      2,430 sq ft retail or office space in active district.
      3175 S 3Rd Pl, Terre Haute, IN 47802
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6601 Carlisle St
    Terre Haute, IN 47802-4765
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!