130 Professional CtLafayette, IN 47905

Property Details for 130 Professional Ct

Year built

1996

Construction

WOOD

Lot size

0.62 AC

Property size (Sq ft)

6,668 SF

Property type

Office properties

APN

79-07-34-276-013.000-004

APU

790734276013000004

Description

This well-maintained, single-story office building in Lafayette, Indiana, offers 6,840 square feet of space and is available for sale or lease. The property features up to four separate suites, each with its own unique attributes. Suite A includes a reception area, bullpen, private office, restroom, and kitchenette. Suite B is adaptable, offering leasing options individually or in combination with Suite A or Suites C/D. Suites C and D are currently combined and are move-in ready, ideal for a medical office. The building boasts abundant natural light, attractive landscaping, and ample parking. Its convenient location in a quiet commercial subdivision off SR 38 East provides easy access to numerous amenities. Within a one-mile radius are various food establishments, retail options, including the Tippecanoe Mall, and Interstate 65 is just minutes away. Regional healthcare providers are also easily accessible. The asking price for this turnkey property is $725,000. The property is located at 130 Professional Court, Lafayette, IN 47905.

• CAP approach

  CAP return

  Valuation

  6%

  $2,142,905

  6.5%

  $1,978,066

  7%

  $1,836,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $868,507

  Geo Method

  $868,507

• Alternative Use

  Use

  Valuation

  Residential

  $2,452,802

  Hospitality

  $2,246,754

  Educational

  $1,869,273

  Medical

  $1,933,560

  Retail

  $2,907,758

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.398

Longitude

-86.8484

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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