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Property profile & analytics
OFF-MARKET
Retail space

7093 Rosedale Rd Terre Haute, IN 47805-9615

1,059 SF 0.95 ac lot Built 1965
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US31-2232396
Property summary
AI-generated overview

This exceptional Terre Haute property offers a thriving, established restaurant business known as Green Acres Daily Bar, situated on a 0.95-acre parcel. The sale includes all equipment and inventory. The restaurant features convenient parking, covered picnic areas, and a fenced playground, enhancing its appeal to families and the community. Recent improvements include expanded serving space and a drive-through window, optimizing customer service and efficiency. A significant added value is the inclusion of approximately 3.43 acres of level, vacant land adjacent to the restaurant. This expansive area presents numerous development opportunities, potentially for expansion of the existing business, hosting community events, or constructing additional buildings. The asking price for this combined restaurant and land package is $289,000. This presents a unique opportunity to acquire a well-established business with significant expansion potential in a desirable location. The property is located at 7093 Rosedale RD, Terre Haute, IN 47805, Vigo County. The combined lot size totals 4.38 acres. This is a turnkey operation ready for a new owner to step in and continue the success of this beloved local establishment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction WOOD
Total area 1,059 SF
Lot 0.95 ac (41,382 SF)
APN 84-03-20-353-001.000-012
UPID US31-2232396
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
Current use
Occupant on record · Public records
  • Gilstrap’s Green Acres Dairy Bar Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
David E Gilstrap · 10 yrs held
David E Gilstrap
since 2016
3 recorded transactions
2020
Price N/A
2016
Price N/A
2016
$245,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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