Terre Haute, INIndustrial
Terre Haute, IN
Sold
This asset has sold for $700,000. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
46 photographs — scroll the strip or choose a frame below.
SOLD
Buyer’s Premium: 5%
Cooperating Broker’s Commission: 2% of Offer Price (before Buyer‘s Premium is added)
15 Industrial Buildings
Total Buildings SF: Approx. 650,000
2019 Taxes: $106,903.54 (Total 28 PINS)
This property consists of approximately 29 acres zoned heavy industrial in Terre Haute, Indiana with fifteen (15) industrial manufacturing buildings. It features heavy power; 12 drive in door docks; ceiling heights ranging from approximately 9’ – 23’; a large, adjacent parking lot; a parking lot across the street; several other vacant, adjacent lots; and nearby rail access.
This is an ideal site for building a logistics and distribution center literally at “the crossroads of America.” These buildings have been well maintained and are also well suited for continued manufacturing use. The current business is vacating the property due to the owner retiring and winding down the business.
Terre Haute Indiana is the Crossroads of America. US Highway 40, the old National Road which opened the west for settlement, and U. S. Highway 41, a major north-south route, were designated part of the original federal highway system in 1926.
Offered in Cooperation with Indiana Real Estate License #RB14032591
Detailed specifications for this asset are held in the marketing package. Ask the deal team and we will send it across.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
