1110 Sagamore PkwyWest Lafayette, IN 47906

Property Details for 1110 Sagamore Pkwy

Year built

1968

Construction

TYPE NOT SPECIFIED

Lot size

1.12 AC

Property size (Sq ft)

12,400 SF

Property type

Retail space

APN

79-07-07-151-002.000-026

APU

790707151002000026

Description

Plaza West, located at 1110 Sagamore Parkway West in West Lafayette, Indiana, presents a unique opportunity for businesses seeking retail or office space. This single-story, 12,912 square foot building sits on 1.12 acres of land and boasts 50 parking spaces. Built in 1968 and extensively renovated in 2020, the property offers multiple tenancy options, with spaces ranging from a minimum of 1,680 square feet to a maximum contiguous space of 4,000 square feet. The building currently has seven suites, all of which are vacant and ready for immediate occupancy. The property is zoned for General Business use and is conveniently located near Yeager Road, just two miles from the Purdue University campus, ensuring high visibility and access to a large population. Recent improvements include a new parking lot, enhancing the overall appeal and functionality of the property. The property's APN is 79-07-07-151-002.000-026, and the zip code is 47906. This is an exceptional opportunity to establish a presence in a thriving West Lafayette market. No elevators are present on the property.

• CAP approach

  CAP return

  Valuation

  6%

  $5,857,960

  6.5%

  $5,407,348

  7%

  $5,021,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,070,052

  Geo Method

  $4,070,052

• Alternative Use

  Use

  Valuation

  Residential

  $4,561,300

  Hospitality

  $4,178,126

  Educational

  $3,476,152

  Medical

  $3,595,702

  Retail

  $5,407,348

Location Insight

City

West Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.4538

Longitude

-86.9225

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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