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    4931 Sr 26 Lafayette, IN 47905

    Sponsored
    For Lease
    Contact for pricing

    High-traffic corner lot, Meijer development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.05-acre land parcel presents a unique investment opportunity in Lafayette, Indiana. Situated at the corner of State Road 26 East and Veterans Memorial Parkway East, this property boasts unparalleled visibility and accessibility. The lot is the final remaining outlot in the successful Meijer development, ensuring a strong surrounding commercial presence. Benefitting from a high daily traffic count exceeding 20,617 vehicles (per Indiana Department of Transportation data), this location guarantees maximum exposure for any commercial venture. Its strategic placement offers significant advantages for businesses seeking high visibility and convenient access to a large customer base. Furthermore, the property's proximity to Interstate 65 (less than half a mile away) provides easy connectivity and enhances its appeal to businesses requiring convenient interstate access. This is a rare opportunity to secure a prime commercial lot in a thriving area of Lafayette, Tippecanoe County, within the 47905 zip code. The property is designated as single-tenant land and is ready for development.

    Property Features for 4931 Sr 26

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1.05‑acre commercial lot in Lafayette, IN, at the corner of State Road 26 East and Veterans Memorial Parkway East.
    • High visibility and accessibility due to location in a successful Meijer development and daily traffic count exceeding 20,617 vehicles.
    • Proximity to I‑65 enhances appeal for businesses needing interstate access.
    • Single‑tenant land, ready for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.810453
    Latitude
    40.416947

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, Meijer development.
    Where is this land located?
    The property is located at 4931 Sr 26 Lafayette, IN.
    What are key features of this property?
    This property features: 1.05-acre commercial lot in Lafayette, IN, at the corner of State Road 26 East and Veterans Memorial Parkway East.; High visibility and accessibility due to location in a successful Meijer development and daily traffic count exceeding 20,617 vehicles.; Proximity to I-65 enhances appeal for businesses needing interstate access.
    Request Owner's contact information
    4931 Sr 26 Lafayette, IN 47905
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    Lafayette, IN 47905
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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
    4931 Sr 26 Lafayette, IN 47905
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