Lafayette, IN
Commercial Real Estate Market Trends & Data

$275 Avg asking sale price
$885 Avg asking lease rate
16,095 SF Avg unit lease size
44,745 SF Avg building size for sale
6.18% Average cap rate

Lafayette's Demographic Profile

Lafayette has 31,504 households and a median income of $48,070, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 72,137
# Households 31,504
Median age 34
Median household income $48,070
Avg household size 2.0
Renter-occupied housing units 16,945
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lafayette, IN

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Lafayette $296 67,341 SF
West Lafayette $144 6,030 SF
Battle Ground $182 2,415 SF
Delphi $125 2,225 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kokomo $277 49,541 SF 13.80%
Danville $62 2,850 SF 19.16%
Indianapolis $194 23,957 SF 11.70%
Lawrence $95 8,043 SF 6.21%

Commercial Properties For Sale in Lafayette

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2 Single Houses

Lafayette, IN

  • $320,000
For Sale

3950 Veterans Memorial Pkwy S

Lafayette, IN 47909

  • 12.30 AC Lot
  • 1 Industrial Lot
  • $1,200,000
For Sale

10 S 550 E

Lafayette, IN 47905

  • 1.08 AC Lot
  • 1 Commercial Lot
  • $180,000
For Sale

Village Pantry Convenience Store

Lafayette, IN 47904

  • 2,000 SF Retail Building
  • 2.96% Cap Rate
  • $2,160,000
For Sale

Circle K Lafayette, IN

Lafayette, IN 47909

  • 5,200 SF Retail Building
  • 5.27% Cap Rate
  • $2,750,000
For Sale

303 Yost dr

Dayton, IN 47941

  • 13,500 SF Industrial Building
  • $325,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lafayette pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lafayette $275 44,745 SF
Dayton $24 13,500 SF
West Lafayette $172 20,698 SF

Regional Demographic Comparison

This comparison places Lafayette alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lafayette or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lafayette 72,137 31,504 34 $48,070 2 16,945 3%
Dayton 1,144 441 38 $48,333 3 104 -2%
Shadeland 1,845 715 44 $72,075 3 159 5%
West Lafayette 42,206 15,301 26 $29,597 2 10,768 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lafayette, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lafayette

View All Commercial Real Estate For Sale in Lafayette
Is Lafayette a good market for a first-time commercial real estate investor?

Lafayette offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lafayette?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lafayette. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lafayette?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lafayette. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lafayette compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lafayette. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lafayette acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lafayette, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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