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Property profile & analytics
OFF-MARKET Estimated value $2,095,000
Office Spaces

8 3rd St Lafayette, IN 47901-1264

29,475 SF 0.14 ac lot Built 1865
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-1248397
Property summary
AI-generated overview

This exceptional Class A creative office building, located at 8 N 3rd St, Lafayette, IN 47901, presents a unique investment opportunity. Boasting 36,688 square feet across four stories, this property sits on a 0.14-acre lot (APN: 79-07-20-465-002.000-004) at a prime downtown corner location, offering excellent visibility and accessibility. Built in 1865 and listed on the National Register of Historic Places, the building underwent a major interior renovation in 2010. The property features two elevators (one passenger, one freight) and benefits from a permitted CB zoning designation. Its strategic location, within walking distance of the County and Federal courthouses, attracts a desirable tenant base, including attorneys and technology companies. The building's corner location maximizes natural light and provides enhanced tenant comfort. Currently housing top-quality, long-term tenants, this investment offers significant rent growth potential. The asking price is $2,975,000, translating to $81.09 per square foot. This multi-tenant building represents a rare blend of historic charm and modern functionality in a high-demand location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1865
Construction WOOD
Total area 29,475 SF
Lot 0.14 ac (5,924 SF)
APN 79-07-20-465-002.000-004
UPID US31-1248397
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
  • Brees Tree Service Lafayette Landscaping General Contractor
  • Mayfield & Brooks Law Firm
  • Williams Zachary T Law Firm
  • Indiana Legal Services, Inc Law Firm
  • Indiana Foundation Service Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.79M
Blend (final) Blend
$2.10M
Owner & transaction history
Cj Investments Group LLC · 1 yrs held
Cj Investments Group LLC
since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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