Property summary
This exceptional 1.38-acre industrial property in Lafayette, Indiana, presents a compelling investment opportunity. Strategically located on Farabee Drive within Lafayette's thriving industrial zone, this site offers unparalleled access to I-65 (2.5 miles) and nearby commercial centers. The property boasts two existing buildings: a 6,548 square foot block construction building and a 2,544 square foot steel construction building, providing a combined 9,092 square feet of versatile industrial space. The flexible nature of the space allows for a variety of uses, catering to diverse business needs. Further enhancing its appeal, an additional 0.69 acres of undeveloped land offers significant potential for expansion, allowing for new construction, increased storage capacity, or other business-related developments. This prime location on Lafayette's Farabee Drive industrial corridor ensures high visibility and accessibility, making it an ideal choice for businesses seeking growth and strategic positioning within a dynamic industrial market. The property is zoned for industrial use and is priced at $699,000. The 47905 zip code provides easy access to a skilled workforce and essential amenities. This is a rare opportunity to acquire a well-situated, expandable industrial property in a high-demand location.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
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Auto Repair Shop
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Landscaping General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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