Property profile

3781 Bayley Dr Lafayette, IN 47905

OFF-MARKET
Medical Office Space
Property ID
US31-0938005
9,240 SF 1.11 ac lot Built 2010
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical office building, Raintree Medical Park, is ideally situated at 3781 Bayley Dr, Lafayette, IN 47905. Built in 2011, this single-story building offers a total of 59 parking spaces for ample tenant and visitor convenience. The property is zoned for medical-related uses, making it perfectly suited for a variety of healthcare practices. Currently, there are multiple tenancies available, ranging from 2,000 square feet to 8,000 square feet, providing flexibility for businesses of various sizes. The building boasts convenient access to major roadways, including State Road 38 and Interstate 65, ensuring easy commutes for both staff and patients. Its prime location adjacent to St. Elizabeth Franciscan Hospital further enhances its appeal and accessibility for medical providers. The property features no elevators, reflecting its single-story design. The APN is 79-07-35-476-002.000-004. This is a rare opportunity to secure space in a highly desirable, well-maintained medical office building in a thriving Lafayette location. Inquire today to learn more about available suite sizes and lease terms.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2010
Construction WOOD
Total area 9,240 SF
Lot 1.11 ac (48,352 SF)
APN 79-07-35-478-004.000-004
UPID US31-0938005

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Counselor
  • Counselor

Location

3781 Bayley Dr Lafayette, IN 47905-8656
Lafayette metro Census 1701 LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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