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Property profile & analytics
OFF-MARKET
Medical Office Space

3888 Un St Lafayette, IN 47905-4471

2,713 SF 0.41 ac lot Built 1965
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US31-0848265
Property summary
AI-generated overview

This exceptional 1100-square-foot medical office space is ideally situated at 3888 Union Street in Lafayette, Indiana, within Tippecanoe County (zip code 47905). The property is a multi-tenant building offering one immediately available suite. Recently refreshed, the space boasts excellent visibility thanks to its prime location on the east side of Lafayette and inclusion on a prominent pedestal sign. Ample parking and convenient access are key features, ensuring both patient and staff convenience. The property type is classified as an office building with a medical office subtype. This presents a fantastic opportunity for medical professionals seeking a well-maintained, highly visible space in a thriving Lafayette community. The suite's size is perfectly suited for a variety of medical practices, offering a comfortable and functional environment for patient care and administrative operations. Its location ensures easy access for patients and provides a strong foundation for a successful practice. Interested parties are encouraged to inquire further for details and scheduling a viewing.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1965
Construction WOOD
Total area 2,713 SF
Lot 0.41 ac (17,990 SF)
APN 79-07-23-253-033.000-004
UPID US31-0848265
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
  • Collicott Insurance Insurance Agency
  • Key Hearing Aids of Lafayette Hearing Aid Store Hearing Aid Repair Service
  • Robert Kline Physician
  • Allen Collicott Insurance Agency Insurance Agency
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
Allen Collicott · 4 yrs held
Allen Collicott
since 2022
Last sale
$310,000
2 recorded transactions
2022
$310,000
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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