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Property profile & analytics
OFF-MARKET Estimated value $740,000
Strip malls

3218 Daugherty Dr Lafayette, IN 47909-3997

25,376 SF 2.58 ac lot Built 2006
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US31-0031946
Property summary
AI-generated overview

This exceptional retail property, located at 3218 Daugherty Drive, Suite 130, in Lafayette, Indiana, offers 2,060 square feet of versatile space. Situated along the busy Veterans Memorial Parkway South and Concord Road in Lafayette's thriving south end, this single-tenant property boasts high ceilings and attractive LVP flooring. The open-concept layout is perfect for a variety of uses, including retail, office, or medical practices. The space includes a convenient storage room and an ADA-accessible restroom, ensuring accessibility and functionality. Abundant natural sunlight brightens the interior, creating a welcoming atmosphere. The property is part of a larger building totaling 25,376 square feet. The asking rate is $13.75 per square foot per year, NNN. This property is located in Tippecanoe County, Indiana, with a zip code of 47909. The property's convenient location and attractive features make it an excellent opportunity for businesses seeking a high-visibility space in a growing area. This is a single-tenant space within a larger commercial building.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 25,376 SF
Lot 2.58 ac (112,385 SF)
APN 79-11-10-176-003.000-033
UPID US31-0031946
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
  • Locked Up - Lafayette | Escape Room Experience Arcade & Gaming Center
  • ATI Physical Therapy Medical Clinic
  • Kochert Pain Institute Physician
  • Franciscan Physician Network Southside Family Medicine Lafayette Medical Clinic
  • A&V Beauty Bar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
$779k
Blend (final) Blend
$740k
Owner & transaction history
Mts Properties LLC · 20 yrs held
Mts Properties LLC
since 2005
4 recorded transactions
2020
Price N/A
2016
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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