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Property profile & analytics
FOR SALE
Retail space

1411 N 14Th St Lafayette, IN 47904

1,600 SF 0.04 ac lot Built 1940
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-0477549
Property summary
AI-generated overview

This exceptional commercial property at 1411 N 14th Street, Lafayette, Indiana 47904, presents a unique investment opportunity. Priced at $128,400, this property boasts a versatile layout ideal for a variety of businesses. The main building offers 900 square feet of storefront space, perfect for retail or office use, providing excellent street visibility. An attached 700 square foot garage offers ample storage for equipment or inventory, adding significant value and practicality. A single restroom is conveniently located within the main building. Adding to the property's functionality is a bonus storage area accessible via stairs in the attic, providing extra space for archiving or less frequently used items. The property's location is highly advantageous, situated just one block south of Greenbush Street on 14th Street, before the intersection of Morton and 14th Street, ensuring easy access and high visibility. The property is classified as both Office and Land, offering flexibility for future development or expansion. With a total square footage of 1,600, this property is ready for immediate occupancy and presents a compelling opportunity for both established businesses and new ventures. The property is zoned for commercial use.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD
Total area 1,600 SF
Lot 0.04 ac (1,917 SF)
APN 79-07-21-126-001.000-004
UPID US31-0477549
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
4th Offset LLC · 4 yrs held
4th Offset LLC
since 2022
Last sale
$100,000
5 recorded transactions
2022
$100,000
2020
$55,000
2018
Price N/A
2016
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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