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Industrial Development Land Parcel
For Sale
$1,200,000

3950 Veterans Memorial Pkwy S, Lafayette, IN 47909

Approximately 12.3 acres of industrial-zoned land with direct access to Interstate 65 and US 52.

Property SizeContact for details
Lot Size12.30 Acres
Days on Market52

Property Features for 3950 Veterans Memorial Pkwy S

General Information

Standard status Active
Lot size 12.30 Acres
Property subtype VacantLand
Zoning I3

Site & Location

Traffic Count 14,385 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Shook Commercial Real Estate
Listed By: Brad Neihouser · License #RB14023943
Source: Commercialcafe
Added: Jul 22 Changed: Sep 8 Last Checked: Sep 11 at 5:02AM

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.

This offering includes approximately 12.3 acres of industrial land in Tippecanoe County, zoned I3. The parcel is presented for industrial, manufacturing, distribution, or related development opportunities, with the site’s configuration intended to support a range of industrial uses under the existing zoning.

The property is located along Veterans Memorial Parkway in an established industrial corridor and benefits from an approximate traffic count of 14,385 vehicles per day. It also offers convenient connectivity to Interstate 65 and U.S. Highway 52, supporting freight movement and access for employees, customers, and suppliers across the greater Lafayette area.

Key Highlights

  • Approximately 12.3 acres of industrial‑zoned land along Veterans Memorial Parkway in Tippecanoe County
  • Zoned I3 for industrial uses
  • Traffic count of approximately 14,385 vehicles per day on Veterans Memorial Parkway

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Electrical Service Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14,385 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 47909, IN

42,759
Population
18,455
Households
2.3
Avg Household Size
34
Median Age
32%
College-Educated
91%
High-School Grad
118.0 sq mi
ZIP Area
362
Density / Sq Mi
$67,341
Median Household Income
$42,309
Median Earnings
$1,091
Median Rent
$203,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Approximately 12.3 acres of industrial-zoned land with direct access to Interstate 65 and US 52.
Where is this industrial land located?
The property is located at 3950 Veterans Memorial Pkwy S Lafayette, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 12.3 acres of industrial‑zoned land along Veterans Memorial Parkway in Tippecanoe County; Zoned I3 for industrial uses; Traffic count of approximately 14,385 vehicles per day on Veterans Memorial Parkway
More about this property
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