8645 In-26 West Lafayette, IN 47906
This unique sealed-bid auction presents a rare opportunity to acquire a substantial 60+/- acre property in West Lafayette, Indiana. Located at 8645 IN-26, Tippecanoe County, this mixed-use property offers a diverse range of possibilities for investors and developers. The land includes approximately 38.8 FSA tillable acres, ideal for agricultural pursuits, complemented by mature timber providing additional value and aesthetic appeal. The property also features a comfortable 3-bedroom, 1-bathroom home with a full basement, offering approximately 1,232 square feet of living space. Several outbuildings are also included, providing ample storage or potential for expansion. The property's convenient location, minutes from Purdue University and the Aerospace Park, offers significant development potential. Consider the possibilities of creating multiple homesites or estate lots, capitalizing on the desirable location and proximity to Purdue University. The property boasts SR 26 road frontage, ensuring excellent accessibility. Sealed bids are due by 12 PM EST on November 21, 2024. Don't miss this one-time chance to acquire this versatile and strategically located property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.