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- LoopNet Team
E Margaret Dr
Terre Haute, IN 47802
Proposed 13.8 Acre Mixed-Use Development · Land For Sale · 13.80 AC
Investment Highlights
- Fee-Simple Interest in 13.8 Acres in Terre Haute, Indiana Located at the Interchange of Interstate 70 and Highway 40
- The Queen of Terre Haute Casino Resort is Projected to Open in Late 2023 and be Located Directly Across from the Hotel
- Nearby Demand Drivers Include Rose Hulman, Saint Mary of the Woods, Riverside Plaza Shopping Center and Honey Creek Mall, Rea Park Golf Course
- Situated in a Highly Trafficked Area, in an Ideal Location for Development, Providing Direct Access to National Retailers, Restaurants, and Hotels
- Favorably Zoned with a C-5 Zoning Designation - General Central Business District (CBD) Provides Optimal Flexibility for Development
- Offered Unencumbered by Any Leases and Debt, Free and Clear of All Liens
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 13.80 AC |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 13.80 AC |
Description
This site is just minutes from a variety of local attractions, including downtown Terre Haute, which features specialty shops, local boutiques, and several dining hotspots. The development site nearby national retailers, fast food restaurants, and commercial businesses such as Wal-Mart, McDonald's, Taco Bell, Verizon, FedEx, First Financial Bank, Home2 Suites & Holiday Inn Express & Suites. In the lot directly across the street from the development opportunity, the Queen of Terre Haute Casino Resort is projected to open in late 2023. Also nearby, major companies such as Rose Hulman, Bemis, Sony/DADC, Simonton Windows, & Ivy Hill are top employers in the area. Additional demand generators include Saint Mary of the Woods, Riverside Plaza Shopping Center and Honey Creek Mall, and Rea Park Golf Course.
PROPERTY TAXES
| Parcel Number | 84-07-31-451-001.000-009 | Improvements Assessment | $0 |
| Land Assessment | $20,300 | Total Assessment | $20,300 |
PROPERTY TAXES
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