State Road 38 & Park East Blvd., Lafayette, IN 47905

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 $110,000 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.

The land is located in the center of several economic drivers including but not limited to Toyota Tsusho, Subaru, Wabash, Arconic, Caterpillar, Ivy Tech College, two regional medical campuses, the newer YMCA community center, and Tippecanoe Mall. The Greater Lafayette community is nationally recognized for affordable cost of living, career advancement opportunities, and quality of life. The site offers direct access to SR38 and is one turn (approximately 1 mile) from Interstate 65 exit 168. It lies 57 miles from downtown Indianapolis, 44 miles to Kokomo, 61 miles to Indianapolis International Airport, and 127 miles to Chicago. It further benefits from a dynamic labor pool and thriving advanced manufacturing local ecosystem.