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    201 Farabee Dr S Lafayette, IN 47905

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    For Sale
    $699,000

    9,092 SF industrial property with expansion potential in Lafayette.

    Property size:
    9,092 SF
    Lot size:
    1.38 Acres

    Property Features for 201 Farabee Dr S

    General Information

    Size
    9,092 SF
    Lot size
    1.38 Acres

    Source: Shook Commercial Real Estate Agent Brad Neihouser

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

    Overview

    Lafayette Industrial Property with Expansion

    This property features 1.38 acres, with half of the acreage currently developed with two buildings, and the other half available for future development. Building 1 is a block construction building containing 6,548 square feet of industrial space. Building 2 is a steel construction building, providing an additional 2,544 square feet of flexible industrial use. The property includes approximately 0.69 acres that offers significant potential for new construction, storage, or other business-related expansions. The property is located on Farabee Drive in Lafayette, a hub for industrial activity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dependable Rubber Hose Supplier Twin City Rubber ... Auto Repair Shop Doug's Painting & Carpet ... Snow Removal Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.8509946
    Latitude
    40.4145758

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    FAQs

    What type of property is this?
    Warehouse - 9,092 SF industrial property with expansion potential in Lafayette.
    Where is this warehouse located?
    The property is located at 201 Farabee Dr S Lafayette, IN.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Significant Expansion Opportunity: .69 acres available for future development.; - Prime Industrial Location: Situated on Lafayette’s Farabee Drive, a high-demand industrial corridor.; - Substantial Building Size: Total of 9,092 SF across two buildings.
    (765) 427-5052
    Request Owner's contact information
    201 Farabee Dr S Lafayette, IN 47905
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    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
    201 Farabee Dr S Lafayette, IN 47905
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