North 50 West
- Located in a Qualified Census Tract and Opportunity Zone
- Served by utilities
- Rapidly growing and affluent area
- In the path of a major road extension, and several major economic development projects
- Excellent schools
Property Description
The subject property is located in rapidly growing northern Tippecanoe County (West Lafayette), providing a generational commercial development opportunity surrounded by billions of dollars of economic development underway. Directly to the south of the subject property, SK Hynix plans to build a $3.87 to $4 billion semiconductor facility that will eventually create over 1,000 tech jobs. Construction is slated to start in 2026. To the west of the site, over 500 apartments are in various stages of construction across two distinct communities, Montage by Buckingham Companies (now open), and AVIADA by Cityscape (most vertical construction is complete). To the north, 345 acres has recently sold to a development group that will build Millbrook. Millbrook will be Tippecanoe County’s largest development in decades, approved for over 700 houses and several hundred multifamily units. The immediate area is already home to some of the best-selling residential communities in the area with average household incomes in excess of $139,000. Within two miles of the subject property, there are two major hospital projects planned. Parkview Health plans to build a $200 million medical campus that will include 40 beds initially, with room to add 40 additional beds, and a comprehensive offering of medical services. IU Health has plans to build in the immediate area as well. The land further benefits from lying less than two miles from shopping, Interstate 65, three miles from Purdue University, connectivity to excellent trail systems, fire protection, and the state of the art $32,000,000 West Lafayette Wellness Center.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $8,255,000 |
| Lot Size: | 25.40 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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