201 Farabee DrLafayette, IN 47905

  • Auto shops
  • 6,548 SF
For Sale
$699,000 View listing

Property Details for 201 Farabee Dr

Year built
1971
Construction
TYPE NOT SPECIFIED
Lot size
0.69 AC
Property size (Sq ft)
6,548 SF
Property type
Auto shops
APN
79-07-27-227-001.000-004
APU
790727227001000004

Description

This exceptional 1.38-acre industrial property in Lafayette, Indiana, presents a compelling investment opportunity. Strategically located on Farabee Drive within Lafayette's thriving industrial zone, this site offers unparalleled access to I-65 (2.5 miles) and nearby commercial centers. The property boasts two existing buildings: a 6,548 square foot block construction building and a 2,544 square foot steel construction building, providing a combined 9,092 square feet of versatile industrial space. The flexible nature of the space allows for a variety of uses, catering to diverse business needs. Further enhancing its appeal, an additional 0.69 acres of undeveloped land offers significant potential for expansion, allowing for new construction, increased storage capacity, or other business-related developments. This prime location on Lafayette's Farabee Drive industrial corridor ensures high visibility and accessibility, making it an ideal choice for businesses seeking growth and strategic positioning within a dynamic industrial market. The property is zoned for industrial use and is priced at $699,000. The 47905 zip code provides easy access to a skilled workforce and essential amenities. This is a rare opportunity to acquire a well-situated, expandable industrial property in a high-demand location.

201 Farabee Dr, Lafayette, Indiana

Location Insight

City
Lafayette
County
Tippecanoe
State
Indiana
Latitude
40.4146
Longitude
-86.8514
CBSA code
29200
CBSA name
LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,354
-
$224,800
$224,800
-
-
$224,800
$224,800

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