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9 N Salisbury St - Redevelopment Asset 0.09 Acres of Commercial Land Offered at $2,400,000 in West Lafayette, IN 47906
Investment Highlights
- Redevelopment asset on hard corner
- Major multifamily, student housing, and retail development surrounding property
- Adjacent to PURDUE University campus
Executive Summary
Make an Offer! Owner will consider all offers, best offer accepted!
PRIME REDEVELOPMENT OPPORTUNITY ON THE MOST VISIBLE AND BUSY CORNER NEAR PURDUE UNIVERSITY'S CAMPUS. EXISTING BUILDING CAN BE DEMOLISHED TO CONVERT THE LAND TO HIGHEST AND BEST USE OR UTILIZED AS AN OFFICE. NO LOTS ARE REMAINING IN THIS AREA RIGHT AT THE HEART OF THE BEST LOCATION ON THE CAMPUS ITSELF!
PRIME REDEVELOPMENT OPPORTUNITY ON THE MOST VISIBLE AND BUSY CORNER NEAR PURDUE UNIVERSITY'S CAMPUS. EXISTING BUILDING CAN BE DEMOLISHED TO CONVERT THE LAND TO HIGHEST AND BEST USE OR UTILIZED AS AN OFFICE. NO LOTS ARE REMAINING IN THIS AREA RIGHT AT THE HEART OF THE BEST LOCATION ON THE CAMPUS ITSELF!
Property Facts
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 0.09 AC |
| Price Per AC | $26,666,666.67 |
| Price | $2,400,000 |
| Price Per AC | $26,666,666.67 |
| Lot Size | 0.09 AC |
Redevelopment asset. CBX zoning. Access from Salisbury St. and State Street. West Lafayette Indiana
Description
Redevelopment asset. CBW zoning allowing Commercial Uses. Only corner property on Purdue University, ideal for development into retail, office, housing, and small business purposes. Rare opportunity for high cash flow asset. Extremely high visibility and high traffic corner lot. Highly walkable and safe neighborhood. Currently used as single family student rental.
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 79-07-19-427-001.000-026 | Improvements Assessment | $282,400 |
| Land Assessment | $45,800 | Total Assessment | $328,200 |
Property Taxes
Parcel Number
79-07-19-427-001.000-026
Land Assessment
$45,800
Improvements Assessment
$282,400
Total Assessment
$328,200
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Presented by
Bhatia, Renu
9 N Salisbury St - Redevelopment Asset
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