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0 Park East Blvd - STATE ROAD 38 AND PARK EAST BLVD.

58.4 Acres of Commercial Land Offered at $5,664,800 in Lafayette, IN 47905

Commercial Land Indiana Lafayette 0 Park East Blvd, Lafayette, IN 47905

Investment Highlights

  • Located at the new signalized intersection of Park East Boulevard and State Road 38 E.

Executive Summary

The subject property is located along SR38E in Lafayette, IN. The land is located in the center of several economic drivers including but not limited to Toyota Tsusho, Subaru, Wabash, Arconic, , Caterpillar, Ivy Tech College, two regional medical campuses, the newer YMCA community center, and Tippecanoe Mall. The Greater Lafayette community is nationally recognized for affordable cost of living, career advancement opportunities, and quality of life. The site offers direct access to SR38 and is one turn (approximately 1 mile) from Interstate 65 exit 168. It lies 57 miles from downtown Indianapolis, 44 miles to Kokomo, 61 miles to Indianapolis International Airport, and 127 miles to Chicago. It further benefits from a dynamic labor pool and thriving advanced manufacturing local ecosystem.

Attachments

FLYER - PARK EAST & SR 38

Property Facts

Price $5,664,800 Property Subtype Commercial
Sale Type Investment Proposed Use Commercial
No. Lots 1 Total Lot Size 58.40 AC
Property Type Land
Price $5,664,800
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 58.40 AC

1 Lot Available

Lot

Price $5,664,800 Lot Size 58.40 AC
Price Per AC $97,000
Price $5,664,800
Price Per AC $97,000
Lot Size 58.40 AC

58.4 (+/-) acres $97,000 per acre

Description

The subject property is located at the new signalized intersection of Park East Boulevard and State Road 38 E in Lafayette, Indiana. The tract is zoned General Business. On the east side of the intersection lies approximately 58.4 acres offered at $97,000 per acre. This site offers excellent visibility with almost 2,400 linear feet of State Road 38 frontage. The tract benefits from the opportunity to hold stormwater off-site in the regional F-lake detention facility at the price of $15,000 per acre foot of storage. The seller will consider separating the land into smaller tracts on a case by case basis, and reserves the right to re-price based on the size of the parcel to be sold.

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 79-11-01-176-001.000-037
  • 79-11-01-176-002.000-037
 Improvements Assessment $0
Land Assessment $135,600 Total Assessment $135,600

PROPERTY TAXES

Parcel Numbers
Multiple
  • 79-11-01-176-001.000-037
  • 79-11-01-176-002.000-037
Land Assessment
$135,600
Improvements Assessment
$0
Total Assessment
$135,600

zoning

Zoning Code GB
GB
(317) 281-8811

Contact

  • Listing ID: 27718256

  • Date on Market: 2/9/2023

  • Last Updated:

  • Address: 0 Park East Blvd, Lafayette, IN 47905

More public record information on 0 Park East Blvd, Lafayette, IN 47905

The Land Property at 0 Park East Blvd, Lafayette, IN 47905 is currently available for sale. Contact Shook Commercial Real Estate for more information.

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0 Park East Blvd - STATE ROAD 38 AND PARK EAST BLVD.
(317) 281-8811 x

0 Park East Blvd - STATE ROAD 38 AND PARK EAST BLVD.

Jim Pitoukkas

(317) 281-8811

(317) 281-8811

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