Property profile

2341 30Th St Lafayette, IN 47909

OFF-MARKET
Industrial properties
113,719 SF 8.3 ac lot Built 1972
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Property summary

AI-generated overview

This vacant Class C industrial manufacturing building, totaling 113,719 square feet, presents a compelling investment opportunity in Lafayette, Indiana. Situated on an 8.3-acre lot in Tippecanoe County, this property offers two main buildings—approximately 65,000 and 35,000 square feet—separated by a partition. The smaller building underwent renovations in 2021, featuring a new hydraulic lift system (requiring additional capital for activation). Ancillary space of roughly 13,000 square feet is also included, though it requires substantial investment. The property's strategic location offers proximity to Purdue University (approximately 5 miles north) and benefits from Lafayette's central Midwest location and relative value compared to the Indianapolis market. The sale includes the option to purchase existing racking equipment and seven industrial cranes. This presents a unique chance for investors or businesses seeking relocation or expansion in a thriving industrial area. The building was constructed in 1972. This is a bankruptcy sale.

Property profile

Verified
Property type Industrial properties
Year built 1972
Total area 113,719 SF
Lot 8.3 ac (361,548 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

2341 30Th St Lafayette, IN 47909
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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