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Property profile & analytics
OFF-MARKET
Land

0 500 Lafayette, IN 47905

37.08 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 37.08 ac (1,615,031 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dimensional Builders Inc Construction Company General Contractor
  • The Whittaker Kitchen Restaurant
  • Bayer Agricultural Service
  • Regina R. Pilotte, OT Physician
  • The Whittaker Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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