1565 S River Rd - 1565 S River Road (±30.53 Acres) 30.53 Acres of Industrial Land in West Lafayette, IN 47906

Principal Meridian is pleased to present for sale ±30.53 acres of I3-zoned industrial land located at 1565 S River Road in West Lafayette, Tippecanoe County, Indiana. This shovel-ready development opportunity sits approximately 2 miles southwest of Purdue University's main campus and offers exceptional access to Indiana's growing industrial corridor along US-52 and I-65, positioning it within 65 miles of the Indianapolis metropolitan area.
Site Overview:
The parcel is a well-configured, rectangular site offering approximately 1,313 linear feet of frontage along S River Road with a depth of approximately 1,017 feet — a geometry that lends itself naturally to large-format industrial, logistics, and outdoor storage development. Access is currently via gravel ingress/egress from River Road. Municipal electric is available to the site. There are no current agricultural leases encumbering the property, making it available for immediate buyer due diligence and development planning. A wetland study has been completed on the property and will be made available to qualified buyers during the due diligence period.
Zoning & Permitted Uses:
The property is zoned I3 Industrial under the Tippecanoe Area Plan Commission (APC). I3 is one of the most permissive industrial classifications in the county, accommodating a broad range of uses including manufacturing, warehouse and distribution, logistics and transportation, research and development, industrial outdoor storage, self-storage and mini-warehouse, contractor yards and equipment staging, truck terminals, freight wholesale trade, and commercial solar installations, among others. Buyers are encouraged to verify specific permitted and conditional uses directly with the Tippecanoe APC at (765) 423-9242.
Location & Market:
West Lafayette is one of Indiana's most dynamic and high-growth markets, anchored by Purdue University — a world-class research and engineering institution with approximately 50,000 students and a thriving innovation ecosystem. The university's presence drives consistent demand for industrial, R&D, and logistics-related uses from suppliers, contractors, and tech-adjacent businesses seeking proximity to campus. Tippecanoe County has maintained a business-friendly regulatory environment and continues to attract industrial investment along its major transportation corridors. The site's position along S River Road provides connectivity to both the urban core of West Lafayette/Lafayette and the regional highway network. I-65 offers direct north-south access to Indianapolis and Chicago, while US-52 connects the market east-west. The Purdue University Airport (LAF) is located nearby, adding air freight and corporate aviation convenience for operators with regional logistics needs.
Demographics (2024):
The surrounding trade area reflects a highly educated, employed, and growing population. Within a 10-mile radius, the population stands at 32,193 with an average household income of $87,132 and a daytime population of 32,860. Expanding to a 20-mile radius captures a population of over 91,600, average household income of $93,739, and nearly 30,000 employees — underscoring the strength of the regional labor pool available to industrial operators.
Adjacent Uses:
To the north lies River Road, beyond which sits Purdue University skeet shooting land. To the south is floodplain land. To the east is a single-family homesite, and to the west is Purdue University veterinary farmland. The surrounding land uses are generally low-intensity, offering a relatively quiet development context with minimal neighboring conflict for industrial operations.
Offering Terms:
The property is offered for sale at a price subject to negotiation. The seller is open to considering all qualified offers. For additional information, to request the wetland study, or to schedule a site tour, please contact:
MaiHan Bui | Operations Lead
Principal Meridian, LLC
(317) 228-8214
info@principalmeridian.com
All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all property information, zoning classifications, utility availability, and permitted uses prior to submitting an offer.