201 Farabee S Dr, Lafayette, IN 47905-4706
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.
-
Dependable Rubber Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Twin City Rubber Industrial Hose & Hydraulics Auto Repair Shop
-
Doug's Painting & Carpet Cleaning Landscaping General Contractor
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.