450 Lafayette, IN 47905
- Land
- 7.90 lot acres
Current Use by Public Records
- Shadeland Recreational Center / Recreation Center
- Union Township Trustee / City Government Office
- Farrell Property / Real Estate Agency / Property Management Company
- Bir & Son Well Services Inc / Well Drilling Contractor
- Woodland Elementary School / Elementary School / Middle School
Property Details for 0 450
- Lot size
- 7.90 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Lafayette, Indiana. Located at the four corners of County Road 450 N and State Road 25, near Buck Creek, this property boasts high visibility and convenient access. The site is zoned General Business (GB), allowing for a wide range of commercial development possibilities. Four parcels are available, ranging from 7.9 to 23.8 acres, and can be purchased individually or as a whole. The asking price is $2,380,000, with a land value of $100,000 per acre. Situated just five minutes from Interstate 65, this location offers unparalleled accessibility and exposure to a significant traffic volume. The property's corner lot positioning ensures maximum visibility for any future development. While well and septic systems are required, the potential for significant return on investment is undeniable, making this a compelling opportunity for discerning buyers seeking prime commercial land in a thriving Indiana market. The parcels offer flexibility for various development scenarios, catering to a wide range of commercial ventures. This is a rare chance to acquire strategically located commercial land with exceptional growth potential.
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
- United States
- State
- Indiana
- Longitude
- -86.7976
- Latitude
- 40.4821
