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407 Union St 1.38 Acres of Commercial Land Offered at $2,064,795 CAD in Lafayette, IN 47904

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Executive Summary

Choice development site situated in the NW corner of the Centennial Neighborhood. Ripe for mixed use residential development including condominiums, townhomes, and multifamily units.

FLYER - 407 UNION

13025-SURVEY TOPO 050713

Property Facts Under Contract

Price	$2,064,795 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Office Hospitality Apartment Units Apartment Units - Condo Storefront, Retail or Residential
No. Lots	1	Total Lot Size	1.38 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C - Commercial

Price	$2,064,795 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Hospitality Apartment Units Apartment Units - Condo Storefront, Retail or Residential
Total Lot Size	1.38 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C - Commercial

1 Lot Available

Lot

Price	$2,064,795 CAD	Lot Size	1.38 AC
Price Per AC	$1,496,228.32 CAD

Price	$2,064,795 CAD
Price Per AC	$1,496,228.32 CAD
Lot Size	1.38 AC

Description

This site is easily accessible from all sides. It is visible and at the same time has quiet street presence on its east border along 5th Street.

1 1

Fairly walkable

40/100

Exceptionally drivable

100/100

Some public transit

50/100

Very bikeable

80/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 79-07-20-401-020.000-004 79-07-20-401-021.000-004 79-07-20-401-025.000-004 79-07-20-401-022.000-004 79-07-20-401-004.000-004 79-07-20-401-001.000-004 79-07-20-401-003.000-004 79-07-20-401-019.000-004 79-07-20-401-006.000-004 79-07-20-401-005.000-004 79-07-20-401-002.000-004	Improvements Assessment	$335,736 CAD
Land Assessment	$468,708 CAD	Total Assessment	$804,444 CAD

Property Taxes

Parcel Numbers

Multiple

79-07-20-401-020.000-004
79-07-20-401-021.000-004
79-07-20-401-025.000-004
79-07-20-401-022.000-004
79-07-20-401-004.000-004
79-07-20-401-001.000-004
79-07-20-401-003.000-004
79-07-20-401-019.000-004
79-07-20-401-006.000-004
79-07-20-401-005.000-004
79-07-20-401-002.000-004

Land Assessment

$468,708 CAD

Improvements Assessment

$335,736 CAD

Total Assessment

$804,444 CAD

(765) 742-1400

Contacts

Stephen Shook
Dustin Zufall
The Shook Agency

Listing ID: 26697543
Date on Market: 2022-09-23
Last Updated:
Address: 407 Union St, Lafayette, IN 47904

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