3781 Bayley DrLafayette, IN 47905

Property Details for 3781 Bayley Dr

Year built

2010

Construction

WOOD

Lot size

1.11 AC

Property size (Sq ft)

9,240 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

79-07-35-478-004.000-004

APU

790735478004000004

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,969,473

  6.5%

  $2,741,052

  7%

  $2,545,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,203,510

  Geo Method

  $1,203,510

• Alternative Use

  Use

  Valuation

  Residential

  $3,398,904

  Hospitality

  $3,113,378

  Educational

  $2,590,294

  Medical

  $2,679,378

  Retail

  $4,029,346

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.3911

Longitude

-86.8334

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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