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    Lafayette IN Sr 38 & Park Blvd Lafayette, IN 47905

    Sponsored
    For Lease
    Contact for pricing

    High-traffic corner lot, 2-3 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land parcel, totaling 2-3 acres, presents a unique investment opportunity in Lafayette, Indiana. Located at the hard corner of SR 38 and Park East Boulevard, this property benefits from a highly visible position at a signalized intersection, ensuring maximum exposure for any commercial venture. The site is zoned for commercial use within Tippecanoe County, offering flexibility for a variety of development plans. Its single-tenant availability simplifies the leasing process and allows for tailored development to meet specific business needs. The address is conveniently situated in Lafayette, IN, zip code 47905, providing easy access to major transportation routes and a thriving local market. This prime location offers significant potential for high foot traffic and strong brand visibility. The property's size allows for ample space for building construction, parking, and landscaping, accommodating a range of commercial uses. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land opportunity. The property is available for lease on a single-tenant basis. Further details regarding zoning regulations and development possibilities are available upon request.

    Property Features for Lafayette IN Sr 38 & Park Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 2‑3 acre commercial land parcel in Lafayette, IN (47905).
    • High‑visibility corner lot at the signalized intersection of SR 38 and Park East Boulevard.
    • Zoned for commercial use in Tippecanoe County, allowing for flexible development.
    • Single‑tenant availability simplifies leasing and development.
    • Excellent location near I‑65, Subaru Plant (5,800 employees), Franciscan Hospital (199 beds), Ivy Tech (8,000 students), and Tippecanoe Mall (800,000 SF), serving Lafayette's fast‑growing southeast area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.8279149
    Latitude
    40.3838112

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, 2-3 acres.
    Where is this land located?
    The property is located at Lafayette IN Sr 38 & Park Blvd Lafayette, IN.
    What are key features of this property?
    This property features: 2-3 acre commercial land parcel in Lafayette, IN (47905).; High-visibility corner lot at the signalized intersection of SR 38 and Park East Boulevard.; Zoned for commercial use in Tippecanoe County, allowing for flexible development.
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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
    Lafayette IN Sr 38 & Park Blvd Lafayette, IN 47905
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