500 Lafayette, IN 47905
- Land
- 37.08 lot acres
Current Use by Public Records
- Dimensional Builders Inc / General Contractor
- The Whittaker Kitchen / Restaurant
- Bayer / Agricultural Service
- Regina R. Pilotte, OT / Occupational Therapist
- The Whittaker Inn / Restaurant / Inn
Property Details for 0 500
- Lot size
- 37.08 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 37.076-acre parcel of I-3 zoned land presents a remarkable opportunity for industrial development in Lafayette, Indiana. Situated on the rapidly growing east side of the city, this property boasts nearly 2,500 linear feet of frontage along Veterans Memorial Parkway East, ensuring high visibility and accessibility. The location benefits from proximity to major employers including Subaru, CAT Logistics, Amazon, Toyota Tsusho, GE Aviation, and numerous others, creating a robust and established industrial base with a strong employment pool. Lafayette and the surrounding area are nationally recognized for their affordability, job opportunities, and quality of life, further enhancing the property's appeal. Utilities are readily available, and the site is part of a larger, recently shovel-ready certified area of approximately 500 contiguous acres. The seller will consider dividing the land. Prior surveys, geotechnical reports, environmental studies, wetland delineations, and other relevant documentation are available upon request. This property offers significant potential for a variety of industrial uses, capitalizing on Indiana's business-friendly environment and its recent influx of substantial investments from over 208 companies in 2023 alone, totaling $28.7 billion. The asking price for this strategically located industrial land is $4,078,360.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.8102
- Latitude
- 40.3929
