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    Nwc Sagamore Pkwy & Cumberland Ave West Lafayette, IN 47906

    Sponsored
    For Sale
    Contact for pricing

    Three prime development lots near Purdue.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land offering in West Lafayette, Indiana, presents three remaining development-ready lots totaling between 1.29 and 1.85 acres each. Located at the Northwest corner of Sagamore Parkway and Cumberland Avenue, these lots boast a prime location with excellent visibility and accessibility. The property is zoned for commercial use and features pre-approved plats, existing access roads, and a completed master retention system. Utilities are readily available at the site. The strategic location offers direct access to Sagamore Parkway via a city-approved signalized entry, and additional access from Cumberland Avenue. This location provides unparalleled convenience, situated directly across the street from a Walmart Supercenter. Furthermore, the property benefits from its proximity to Purdue University's campus, home to over 43,000 students, and the Purdue Research Park, employing approximately 3,200 individuals. This high-traffic area presents a unique opportunity for a variety of commercial ventures, including restaurants, medical facilities, daycare centers, hotels, and more. The lots are divisible, allowing for flexibility in development plans, ranging from one to six acres. Excellent connectivity to major thoroughfares, including Sagamore Parkway, Northwestern Boulevard, and Highway 52, ensures easy access for customers and employees. This is a rare opportunity to acquire land in a thriving, high-demand location.

    Property Features for 0 Nwc Sagamore Pkwy & Cumberland Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Divisible lots ranging from 1 to 6 acres.
    • Signalized access to Cumberland Avenue and Sagamore Parkway.
    • Fully developed lots with roads, retention, approved plat, and utilities.
    • Across from a Walmart Supercenter.
    • Near Purdue University (43,111 students) and Research Park (3,200 employees).
    • Ideal for restaurants, medical facilities, daycare centers, and hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.9333043
    Latitude
    40.4604034

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    FAQs

    What type of property is this?
    Land - Three prime development lots near Purdue.
    Where is this land located?
    The property is located at Nwc Sagamore Pkwy & Cumberland Ave West Lafayette, IN.
    What are key features of this property?
    This property features: Divisible lots ranging from 1 to 6 acres.; Signalized access to Cumberland Avenue and Sagamore Parkway.; Fully developed lots with roads, retention, approved plat, and utilities.
    (317) 597-1715
    Request Owner's contact information
    Nwc Sagamore Pkwy & Cumberland Ave West Lafayette, IN 47906
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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

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    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
    Nwc Sagamore Pkwy & Cumberland Ave West Lafayette, IN 47906
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