1400 Teal Rd Lafayette, IN 47905
Property Lookup
Property profile & analytics
1400 Teal Rd Lafayette, IN 47905
- Strip malls
- 68,065 SF
- 4.55 lot acres
Property ID
US31-1285045
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Damon Dierker / Physician
- Shellie's Cafe Dnv / Restaurant
- Jackson Hewitt Tax Service / Accounting Firm / Tax Preparation
- Eye Surgeons of Indiana / Physician / Ophthalmologist
- Kathleen Williamson / Ophthalmologist
Property Details for 1400 Teal Rd
- Year built
- 1958
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.55 lot acres
- Property size
- 68,065 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 79-07-33-326-001.000-004
- APU
- 790733326001000004
Description
Jefferson Square Shopping Center, located at 1400 Teal Rd, Lafayette, IN 47905, presents a unique investment opportunity. This single-story, 78,326 square foot retail and industrial center features 16 suites, currently boasting a mix of established businesses. The property is zoned NB and offers excellent visibility due to its location in a highly trafficked area. Two spaces are immediately available, ranging from 1,306 to 4,142 square feet, providing flexibility for various business needs. The center is well-maintained and benefits from strong ownership. Current co-tenants include a diverse range of businesses, such as Lafayette Printing, Healthier Lafayette, Jackson Hewitt, Rising Tide Salon, Trader’s Buck, Don's Barber Shop, 21 Petals, Two Men & a Truck, Arrow Workforce Solutions, Eye Surgeons of Indiana, The Forge Training Center, and Shelley’s Café, creating a vibrant and established commercial environment. The property's high traffic counts and well-recognized location make it an ideal choice for businesses seeking strong visibility and a thriving customer base. There are no elevators on the property. A total of 5,448 square feet is currently vacant. This presents a compelling opportunity to establish a presence in a successful and well-established shopping center.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,070,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,520,000
Market price range: $1.52M - $3.01M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,095,000 Current use
- WAREHOUSE, STORAGE
- $2,120,000 Change: +1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.8804
- Latitude
- 40.3948
- CBSA code
- 29200
- CBSA name
- LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$85,949
$0.00
$3,618,900
$3,618,900
-
$0.00
$3,618,900
$3,618,900
