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Park East & SR 38 blvd
Lafayette, IN 47905
Park East Blvd & SR 38 · Land For Sale
·
6.50 AC
Investment Highlights
- Located at the new signalized intersection of Park East Boulevard and State Road 38 E.
Executive Summary
The site features direct connectivity to SR 38 and is approximately one mile from Interstate 65 at Exit 168, allowing convenient access throughout Greater Lafayette and the broader region. Its central location places the property approximately 57 miles from downtown Indianapolis, 44 miles from Kokomo, 61 miles from Indianapolis International Airport, and 127 miles from Chicago.
Greater Lafayette is supported by a robust and diversified economy, highlighted by its advanced manufacturing sector, expanding employment base, skilled workforce, and strong quality of life. The property's location near major employment centers, healthcare providers, educational institutions, established retail, and interstate infrastructure creates an attractive setting for a wide range of retail, service, commercial, and employment-based users.
An additional development advantage is the ability to utilize the regional F-Lake detention facility for off-site stormwater management. Stormwater storage capacity is available at a cost of $15,000 per acre-foot, potentially reducing the amount of on-site land required for detention and allowing for more efficient use of the developable acreage.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 6.50 AC |
| Property Type | Land | ||
| Zoning | GB | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6.50 AC |
| Zoning | GB |
1 Lot Available
Lot
| Lot Size | 6.50 AC |
| Lot Size | 6.50 AC |
The subject property is strategically located along State Road 38 East in Lafayette, Indiana, within one of Greater Lafayette’s primary commercial and employment corridors. The site is at the Northwest corner of a signalized intersection.
Description
The subject property is strategically located along State Road 38 East in Lafayette, Indiana, within one of Greater Lafayette’s primary commercial and employment corridors. The site is surrounded by a diverse concentration of major economic and community drivers, including Toyota Tsusho, Subaru of Indiana Automotive, Wabash, Arconic, Caterpillar, Ivy Tech Community College, two regional medical campuses, the YMCA community center, and Tippecanoe Mall. The property offers direct access to SR 38 and is approximately one mile and one turn from Interstate 65 at Exit 168, providing convenient regional access and strong connectivity for customers, employees, and commercial users. The site is approximately 57 miles from downtown Indianapolis, 44 miles from Kokomo, 61 miles from Indianapolis International Airport, and 127 miles from Chicago. Greater Lafayette benefits from a diverse and growing employment base, strong advanced manufacturing presence, skilled labor pool, and nationally recognized combination of affordability, career opportunities, and quality of life. With its proximity to major employers, healthcare, education, retail, and interstate infrastructure, the property is well positioned for a variety of retail, commercial, service, and employment-oriented development opportunities.
