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0 Park East Blvd - STATE ROAD 38 AND PARK EAST BLVD. 58.4 Acres of Commercial Land Offered at $5,664,800 in Lafayette, IN 47905
INVESTMENT HIGHLIGHTS
- Located at the new signalized intersection of Park East Boulevard and State Road 38 E.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $5,664,800 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 58.40 AC |
| Property Type | Land | ||
| Zoning | GB | ||
| Price | $5,664,800 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 58.40 AC |
| Zoning | GB |
1 LOT AVAILABLE
Lot
| Price | $5,664,800 | Lot Size | 58.40 AC |
| Price Per AC | $97,000.00 |
| Price | $5,664,800 |
| Price Per AC | $97,000.00 |
| Lot Size | 58.40 AC |
58.4 (+/-) acres $97,000 per acre
DESCRIPTION
The subject property is located at the new signalized intersection of Park East Boulevard and State Road 38 E in Lafayette, Indiana. The tract is zoned General Business. On the east side of the intersection lies approximately 58.4 acres offered at $97,000 per acre. This site offers excellent visibility with almost 2,400 linear feet of State Road 38 frontage. The tract benefits from the opportunity to hold stormwater off-site in the regional F-lake detention facility at the price of $15,000 per acre foot of storage. The seller will consider separating the land into smaller tracts on a case by case basis, and reserves the right to re-price based on the size of the parcel to be sold.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $27,500 | Total Assessment | $27,500 |
PROPERTY TAXES
Presented by
0 Park East Blvd - STATE ROAD 38 AND PARK EAST BLVD.
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