405 Sagamore PkwyLafayette, IN 47905

Property Details for 405 Sagamore Pkwy

Year built

1993

Construction

CONCRETE

Lot size

0.46 AC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

79-07-27-202-012.000-004

APU

790727202012000004

Description

Lumos Studios offers a fantastic opportunity for retail businesses seeking a vibrant location. This property features a total of 939 square feet of retail space, currently entirely vacant and available for lease. The space is adaptable to various retail concepts, with a minimum divisible unit size of 126 square feet and a maximum contiguous space of 160 square feet. This flexibility allows for businesses of different scales to find a suitable fit. The property is categorized as multi-tenant, presenting a chance to be part of a dynamic commercial environment. The building's total square footage is 939 square feet, ensuring a manageable and efficient space for your business operations. Given the complete vacancy, immediate occupancy is possible, allowing for a swift and seamless transition into your new retail location. This presents a unique opportunity to establish a presence in a thriving area, with the potential to customize the space to perfectly match your business needs. The property's location offers excellent visibility and accessibility, making it an ideal choice for attracting customers. Contact us today to schedule a viewing and explore the possibilities of establishing your business at Lumos Studios. Don't miss this chance to secure this prime retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $9,466,274

  6.5%

  $8,738,099

  7%

  $8,113,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,577,072

  Geo Method

  $6,577,072

• Alternative Use

  Use

  Valuation

  Residential

  $7,370,914

  Hospitality

  $6,751,717

  Educational

  $5,617,350

  Medical

  $5,810,538

  Retail

  $8,738,099

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.414

Longitude

-86.8574

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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