Lafayette Land Parcel on
4050 State Rte 38 Lafayette, IN
4050 State Rte 38, Lafayette, IN, 00000
Contact for pricing
For Sale
Contact for pricing
Land parcel in Lafayette, Indiana, with high visibility and accessibility.
Lot Size58.40 Acres
Days on Market610
Property Features for 4050 State Rte 38
General Information
- Standard status
- Active
- Lot size
- 58.40 Acres
- Property subtype
- LAND
Listing agency
Shook Commercial Real Estate
(317) 281-8811
Listed by
Jim Pitoukkas
(317) 281-8811
Source
Moodyscre
Added: Nov 18, 2024 Updated: Jul 6 at 10:30AM Checked: Jul 21 at 5:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shook Commercial Real Estate
Investment Insights
Based on property information with market context.
Located along State Route 38 East in Lafayette, Indiana, this land parcel benefits from its proximity to several economic drivers, including Toyota Tsusho, Subaru, Wabash, Arconic, Caterpillar, Ivy Tech College, two regional medical campuses, the YMCA community center, and Tippecanoe Mall. The Greater Lafayette community is known for its affordable cost of living, career opportunities, and quality of life. The site offers direct access to State Route 38 and is approximately one mile from Interstate 65 (exit 168), 57 miles from downtown Indianapolis, 44 miles to Kokomo, 61 miles to Indianapolis International Airport, and 127 miles to Chicago. The property is located at the new signalized intersection of Park East Boulevard and State Road 38 East and is zoned General Business. The east side of the intersection contains approximately 58.4 acres with almost 2,400 linear feet of State Road 38 frontage. The site benefits from the opportunity to hold storm water off-site in the regional F-lake detention facility at the price of $15,000 per acre foot of storage. Utilities serve the property. The seller will consider separating the land into smaller tracts on a case-by-case basis and reserves the right to re-price based on the size of the parcel to be sold.
Key Highlights
- Prime location at the signalized intersection of Park East Boulevard and State Road 38 E, offering excellent visibility with almost 2,400 linear feet of State Road 38 frontage.
- Strategic proximity to major economic drivers including Toyota Tsusho, Subaru, Wabash, Arconic, Caterpillar, Ivy Tech College, regional medical campuses, YMCA, and Tippecanoe Mall.
- Direct access to SR38 and convenient access (1 mile) to Interstate 65 (exit 168), facilitating regional connectivity.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Land - Land parcel in Lafayette, Indiana, with high visibility and accessibility.
Where is this land located?
The property is located at 4050 State Rte 38 Lafayette, IN.
What is the asking price?
The asking price for this property is $5,664,800.
What are key features of this property?
This property features: Prime location at the signalized intersection of Park East Boulevard and State Road 38 E, offering excellent visibility with almost 2,400 linear feet of State Road 38 frontage.; Strategic proximity to major economic drivers including Toyota Tsusho, Subaru, Wabash, Arconic, Caterpillar, Ivy Tech College, regional medical campuses, YMCA, and Tippecanoe Mall.; Direct access to SR38 and convenient access (1 mile) to Interstate 65 (exit 168), facilitating regional connectivity.
