2804 Old Lafayette, IN 47909
- Land
- 0.75 lot acres
Current Use by Public Records
- Land
Property Details for 2804 Old
- Lot size
- 0.75 lot acres
- Property type
- Land
Description
This exceptional 0.75-acre commercial land parcel presents a remarkable investment opportunity in Lafayette, Indiana. Strategically located on Old US 231 South, this property enjoys high visibility and significant traffic flow, situated between a CVS and a Walgreens pharmacy. The lot boasts approximately 96 feet of frontage along this major thoroughfare, ensuring maximum exposure for any future development. Its proximity to a large grocery store further enhances its desirability and potential for attracting customers. The property is zoned GB, offering flexibility for a variety of commercial uses. Furthermore, the area is experiencing substantial growth, with significant residential development underway nearby, creating a strong and expanding market for commercial ventures. This prime location offers unparalleled access to a thriving community, making it an ideal site for businesses seeking high visibility and convenient access to a large customer base. The asking price is $350,000. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a rapidly growing area of Lafayette, Indiana. Don't miss out on this chance to secure a piece of this vibrant commercial corridor.
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
- -86.9052
- Latitude
- 40.3887