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    Jefferson St Lafayette, IN 47905

    For Sale
    $125,000

    Spacious Warehouse, Great Location, Investment Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This I-3 zoned warehouse, located on a quiet Jefferson Street in Lafayette, Indiana, presents a compelling investment opportunity. The property boasts a generous 0.37-acre lot and offers nearly 2,400 square feet of usable space on the ground floor, complemented by an additional 2,400 square feet of usable attic space. Two large sliding doors facilitate easy access for equipment and materials. Existing gas and electric utilities are already in place, simplifying the transition for a new owner. The convenient location provides easy access to downtown Lafayette (less than one mile away) and the city's south and west sides. The property's versatility makes it suitable for a variety of uses, including storage, business operations, or personal hobbies. Adding to its appeal are two small residential lots situated directly across the street. The asking price of $125,000 is particularly attractive, considering market rents for comparable spaces range from $6 to $8 per square foot annually, suggesting strong potential for rental income and return on investment. This property offers a unique blend of space, location, and potential, making it an ideal choice for both business owners and investors.

    Property Features for Jefferson St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.90075
    Latitude
    40.40538

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Warehouse, Great Location, Investment Potential
    Where is this commercial real estate located?
    The property is located at Jefferson St Lafayette, IN.
    What is the asking price?
    The asking price for this property is $125,000.
    (765) 807-7177
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    Jefferson St Lafayette, IN 47905
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    Realmo Value Estimation

    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.

    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.

    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
    Jefferson St Lafayette, IN 47905
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