1909 Veterans Memorial PkwyLafayette, IN 47905

Property Details for 1909 Veterans Memorial Pkwy

Year built

2019

Construction

TYPE NOT SPECIFIED

Lot size

1.23 AC

Property size (Sq ft)

11,825 SF

Property type

Office properties

APN

79-11-09-401-001.000-033

APU

791109401001000033

Description

This exceptional single-tenant property, located at 1909 Veterans Memorial Pkwy E in Lafayette, Indiana, 47905, offers 1,952 square feet of versatile space ideal for executive offices or retail use. The entire building is currently vacant, presenting a unique opportunity for a business seeking a move-in ready location. The property's address provides excellent visibility and accessibility, situated in a convenient location within Lafayette. The building's classification as an "Executive Office" suggests a high-quality build and finish, suitable for businesses requiring a professional and modern workspace. The 1,952 square feet provide ample room for various configurations to suit specific business needs, whether it's a large open-plan office, multiple private offices, or a combination of both. The single-tenant occupancy ensures complete control and customization of the space. This property is ready for immediate occupancy, allowing for a swift and efficient transition for any incoming business. Interested parties are encouraged to inquire further to explore the possibilities this exceptional Lafayette property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $3,800,218

  6.5%

  $3,507,894

  7%

  $3,257,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,540,206

  Geo Method

  $1,540,206

• Alternative Use

  Use

  Valuation

  Residential Income

  $4,349,788

  Hospitality / Lodging

  $3,984,382

  Institutional / Educational

  $3,314,960

  Healthcare / Senior Housing

  $3,428,966

  Retail / Commercial

  $5,156,604

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.3664

Longitude

-86.8736

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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