1475 Navco Dr Lafayette, IN 47905-4796
- Commercial real estate
- 0.49 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1475 Navco Dr
- Lot size
- 0.49 lot acres
- Property type
- Commercial real estate
- APN
- 79-07-27-477-004.000-004
- APU
- 790727477004000004
Description
This exceptional 3,624 square foot executive office space is ideally situated at 1475 Navco Drive in Lafayette, Indiana, within Tippecanoe County. The property is zoned I3 and offers a single-tenant occupancy opportunity, encompassing the entire building. The entire 3,624 square feet is currently vacant and ready for immediate occupancy by a discerning business. This presents a unique chance to secure a substantial, self-contained office space in a prime location. The address is easily accessible, offering convenient access for employees and clients alike. The building's size is perfect for a company seeking a significant footprint to accommodate its operational needs and future growth. The property's single-tenant status ensures privacy and control over the entire space, eliminating the complexities of shared facilities and common area management. This turnkey solution allows businesses to focus on their core operations without the added burden of extensive renovations or fit-outs. The property's location in Lafayette, Indiana, offers access to a thriving business community and a skilled workforce. The I3 zoning provides flexibility for a variety of business uses, making this an attractive option for a wide range of companies. This is a rare opportunity to lease a substantial, fully vacant office building in a desirable location. Interested parties are encouraged to inquire promptly. The zip code for this property is 47905.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $515,000
- 6.5%
- $510,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $570,000
- Geo Method
- $520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $420,000
- Mixed-Use
- $550,000
- Hospitality
- $555,000
- Educational
- $570,000
- Residential Income
- $455,000
- Energy
- $555,000
- Income-Based Land
- $415,000
- Food Service
- $500,000
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.8526
- Latitude
- 40.4037
- CBSA code
- 29200
- CBSA name
- LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA