1505 Sagamore S Pkwy Lafayette, IN 47905-6530
This exceptional commercial property, located at 1505 Sagamore Parkway South in Lafayette, Indiana, presents a rare investment or owner-occupant opportunity. The 4,678 square foot building sits on a 0.57-acre lot in a high-traffic area, boasting over 20,732 cars per day. Its prime location along Sagamore Parkway South places it near numerous businesses, including restaurants, dealerships, and national retailers like Starbucks, Dick's Sporting Goods, and McDonald's. The Tippecanoe Mall is less than a mile away. Built in 1993, the property features a retail showroom, two private offices, a restroom, and a heated warehouse area with an overhead door. The showroom, offices, and restroom are climate-controlled, with HVAC systems approximately two years old and a recently installed water heater (approximately one month old). The property is zoned General Business and offers excellent visibility, making it ideal for a variety of uses. This is a unique chance to acquire a flex building with strong retail presence in a thriving Lafayette location. The property's high visibility and convenient location ensure significant business potential.
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Carpet Warehouse Carpet & Flooring Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.