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    823 Park Blvd Lafayette, IN 47905

    For Lease
    $15 SF/Yr

    Lafayette, IN Executive Office Suite Available

    Lot size:
    43,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, Park East Centre, offers 9,172 square feet of immediately available executive office space within a larger 43,000 square foot building. Located at 823 Park E Blvd, Lafayette, IN 47905, this single-story structure boasts a prime location in the Cascada Business Park, conveniently situated less than ¾ of a mile from Lafayette's major hospitals. Built in 2010 and renovated in 2018, the property features modern interior finishes customizable to tenant specifications. The building sits on 5 acres of land and provides ample parking with 185 spaces, exceeding the typical ratio for this type of property. Its high-profile location is easily accessible from State Road 26 and the I-65 interchange. The building's proximity to major medical facilities, including Sycamore Springs Mental Health Center, Sagamore Regional Rehabilitation Hospital, and Elite Physical Therapy, makes it an ideal location for healthcare-related businesses. Furthermore, its location on a public bus line enhances accessibility for employees and clients. The property is zoned GB and has an APN of 79-07-25-300-002.000-005. This is a rare opportunity to secure premium office space in a highly desirable location.

    Property Features for 823 Park Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,000 SF
    Class
    A
    Total Rate
    53750

    Building Details

    Year Built/Renovated
    2010/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    9,172 SF
    Rate per SF
    $15

    HighLights

    • Excellent hospital proximity.
    • High‑ceiling office suites available.
    • Tenant improvement allowances offered.
    • Ample on‑site parking.
    • Strong signage visibility.
    • Beautifully landscaped and well‑maintained property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.8272898
    Latitude
    40.4078491

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    FAQs

    What type of property is this?
    Office Property / Space - Lafayette, IN Executive Office Suite Available
    Where is this office property / space located?
    The property is located at 823 Park Blvd Lafayette, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Excellent hospital proximity.; High-ceiling office suites available.; Tenant improvement allowances offered.
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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
    823 Park Blvd Lafayette, IN 47905
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