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    3579 Promenade Pkwy Lafayette, IN 47909

    Sponsored
    For Sale
    Contact for pricing

    Prime Lafayette, IN commercial land: Sale, BTS, or lease.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.2-acre commercial land parcel is ideally situated in the heart of Lafayette, Indiana, offering a unique investment opportunity. The property, located at 3579 Promenade Parkway, zip code 47909, presents itself as a versatile site suitable for sale, build-to-suit projects, or land lease arrangements. Its prime location provides easy access to major retail destinations, including the Tippecanoe Mall and the Cascada Business Park, making it an attractive prospect for businesses seeking high visibility and convenient access for customers. The area boasts a thriving and diverse community, further enhanced by the presence of significant employers such as the Subaru of Indiana Automotive plant and the Purdue Research Park, contributing to a robust local economy and a growing population. This translates to a strong tenant pool and significant potential for long-term growth and return on investment. The property's strategic location within Tippecanoe County ensures convenient access to a wide range of amenities and services, making it an ideal location for a variety of commercial ventures. This is a rare opportunity to acquire a substantial land parcel in a dynamic and rapidly developing area of Lafayette. Consider this property for your next commercial development or investment.

    Property Features for 3579 Promenade Pkwy

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • 1.2‑acre site in Lafayette, IN, available for sale, build‑to‑suit, or land lease.
    • Prime retail location near Tippecanoe Mall and Cascada Business Park.
    • Strong local economy driven by Subaru of Indiana Automotive and Purdue Research Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.860530824115
    Latitude
    40.3654825917

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    FAQs

    What type of property is this?
    Land - Prime Lafayette, IN commercial land: Sale, BTS, or lease.
    Where is this land located?
    The property is located at 3579 Promenade Pkwy Lafayette, IN.
    What are key features of this property?
    This property features: 1.2-acre site in Lafayette, IN, available for sale, build-to-suit, or land lease.; Prime retail location near Tippecanoe Mall and Cascada Business Park.; Strong local economy driven by Subaru of Indiana Automotive and Purdue Research Park.
    Request Owner's contact information
    3579 Promenade Pkwy Lafayette, IN 47909
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    Lafayette, IN 47909
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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
    3579 Promenade Pkwy Lafayette, IN 47909
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