Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Auto shops

    201 Farabee S Dr, Lafayette, IN 47905-4706

    6,548 SF 0.69 ac lot Built 1971
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-0935374
    Property summary
    AI-generated overview

    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
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1971
    Construction TYPE NOT SPECIFIED
    Total area 6,548 SF
    Lot 0.69 ac (29,926 SF)
    APN 79-07-27-227-001.000-004
    UPID US31-0935374
    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
    Current use
    Occupant on record · Public records
    • 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
    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
    201 Farabee LLC
    201 Farabee LLC
    since 2025
    2 recorded transactions
    2025
    $425,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 201 Farabee S Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message