Shovel Ready Certified Industrial Land

The subject property is located on the growing east side of Lafayette, IN along the McCarty Lane rural primary arterial. Traffic counts average 10,600 (2-way) per day as of 2020 INDOT readings. A mix of industrial, commercial, residential, and medical related zoning surrounds the subject. Water and sewer infrastructure has been extended to the area. The land has access to the well-travelled McCarty Lane corridor, and the extension of Park East Blvd. which is currently under construction. A new development of up to 240 luxury multifamily units was recently constructed on the north side of McCarty to the northeast of the site. Major regional medical providers including IU Health and Franciscan can be found in the immediate area. There are also significant employers in close proximity including CAT, Subaru, GE Aviation, Wabash National, Heartland Automotive, Amazon, FedEx, and more. The Lafayette MSA is known as an advanced manufacturing hub anchored by the employers herein and a leader in higher education and innovation, Purdue University.The subject property is a Shovel Ready Certified Site of approximately 152.45 acres located on the growing east side of Lafayette, IN (one of America's Top Emerging Housing Markets). The seller reserves the right to sell smaller tracts and quote price based on buyer needs and intended use. The subject property is relatively level with a pilot ditch in the southeast corner. The pilot channel can be relocated based on development needs, but provides a drainage outlet for the subject. Other than the drainage improvements the site is unimproved with public utilities and public roads available to the site. The land is served by a 20" water main and 24" sanitary main located in the McCarty Lane corridor. Utilities are being further extended with Park East Blvd. improvements along a portion of the western property line. The location is in utility service area 2. Cost recovery fees associated with this area follow. Wastewater : $6,449 per acre Water = $962 per acre