125 Creasy LnLafayette, IN 47905

Property Details for 125 Creasy Ln

Year built

1972

Construction

WOOD

Lot size

3.25 AC

Property size (Sq ft)

26,047 SF

Property type

Grocery and convenience stores

APN

79-07-23-451-033.000-004

APU

790723451033000004

Description

This exceptional Class A office space, located at 125 N Creasy Ln #125 in Lafayette, Indiana, 47905, offers a single-tenant occupancy opportunity totaling 1,800 square feet. The property is situated in a highly desirable location on Creasy Lane and features a recently resealed and restriped parking lot, ensuring convenient parking for tenants and their clients. The building is a single-story structure, providing easy accessibility. The space is categorized as a Traditional Office, ideal for a variety of businesses. Two adjacent units, each 900 square feet, are available, offering flexibility for expansion or the possibility of leasing both for a larger footprint. This presents a rare opportunity to secure a well-maintained, conveniently located office space in a thriving Lafayette commercial district. The property type is listed as both Retail and Office, suggesting versatility in potential uses. The building's Class A designation reflects its high quality and modern amenities. This is an excellent opportunity for businesses seeking a prominent and functional office space in a prime Lafayette location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $9,727,540

  6.5%

  $8,979,270

  7%

  $8,337,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,528,330

  Geo Method

  $3,528,330

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $17,677,000

  Mixed-Use / Specialty

  $8,879,960

  Hospitality / Lodging

  $6,427,320

  Office

  $8,757,110

  Institutional / Educational

  $9,207,520

  Residential Income

  $10,772,800

  Multifamily

  $13,293,400

  Automotive / Energy

  $7,892,160

  Parking / Income-Based Land

  $2,789,980

  Restaurant / Food Service

  $4,474,900

  Healthcare / Senior Housing

  $9,175,250

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.4193

Longitude

-86.8379

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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