Parcel 1 6.5 acres @ $150,000 per acre Parcel 2 58.4 acres @ $97,000 per acre The subject property includes two tracts which are located at the new signalized intersection of Park East Boulevard and State Road 38 E in Lafayette, Indiana. The tracts may be purchased individually. Both tracts are zoned General Business. On the west side of the intersection lies approximately 6.5 acres offered at $150,000 per acre. On the east side of the intersection lies approximately 58.4 acres offered at $97,000 per acres. Both sites offer excellent visibility with almost 2,400 linear feet of State Road 38 frontage. The tracts benefit 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. Billboard located on Parcel 1 not included in sale.
|Property Type||Redevelopment Land|