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    3995 State Rte 38 E Lafayette, IN

    For Lease
    $6,000 /Mo ($11 SF/Yr)

    Retail space with frontage on State Road 38 E.

    Property size:
    6,500 SF
    Lot size:
    1.83 Acres

    Property Features for 3995 State Rte 38 E

    General Information

    Size
    6,500 SF
    Lot size
    1.83 Acres

    Source: Shook Commercial Real Estate Agent Brad Neihouser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Highway Frontage

    This retail space, identified as Suite J, features large windows that provide ample natural light. Previously, the space was used for motorcycle sales and service. The property has frontage along State Road 38 E, a major thoroughfare on Lafayette’s east side. The 6,500 square-foot space is suitable for a variety of uses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.8897655
    Latitude
    40.4175762

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    FAQs

    What type of property is this?
    Retail space - Retail space with frontage on State Road 38 E.
    Where is this retail space located?
    The property is located at 3995 State Rte 38 E Lafayette, IN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Incredible frontage along State Road 38 E.; - Large windows allowing in an abundance of natural light.; - Located on a major thoroughfare.
    (765) 427-5052
    Request Owner's contact information
    3995 State Rte 38 E Lafayette, IN
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    Lafayette, IN
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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
    3995 State Rte 38 E Lafayette, IN
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