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Property profile & analytics
OFF-MARKET Estimated value $675,000
Warehouses

581 36th St Lafayette, IN 47905-4761

13,425 SF 0.94 ac lot Built 1982
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US31-0025674
Property summary
AI-generated overview

This 12,000-square-foot industrial warehouse in Lafayette, Indiana, offers a versatile space ideal for various business needs. Located at 581 N 36th Street, this single-tenant property boasts excellent access to major roadways including I-65, US 52, SR 26, and Union Street, providing convenient transportation links. The building features a spacious 10,550-square-foot warehouse area with a 16-foot ceiling height, perfect for storage, manufacturing, or distribution. Three 8x10 overhead doors—a dock door, a van height door, and a drive-in door—ensure efficient loading and unloading. The warehouse floor plan is designed for maximum efficiency with only two center columns, minimizing obstructions. A 1,450-square-foot office space, complete with a mezzanine for additional storage, provides ample room for administrative functions. The property sits on 0.937 acres and is zoned I-3. This property offers a combination of value, flexibility, and convenience for businesses of all sizes. Its strategic location near Purdue University and major transportation arteries makes it an attractive option for companies seeking a central location in Lafayette. The property is available for sale or lease.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction TYPE NOT SPECIFIED
Total area 13,425 SF
Lot 0.94 ac (40,816 SF)
APN 79-07-22-427-004.000-004
UPID US31-0025674
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
  • Blichmann engineering Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$561k
Blend (final) Blend
$675k
Owner & transaction history
Sb Land Dve LLC · 1 yrs held
Sb Land Dve LLC
since 2024
Last sale
$899,000
4 recorded transactions
2024
$899,000
2021
$665,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $915,000 +42.2%
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