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    503 S Washington St Lafayette, LA 70501

    For Sale
    $30,000

    Land - Lafayette, LA

    Lot size:
    0.16 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 503 S Washington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mn-1
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    ReHive,LLC (337) 857-5955 [email protected]

    Listing agent Christopher Soileau (337) 857-5955

    Listing date Sep 2, 2025

    MLS# 2500002972 Listing URL

    Copyright © 2025 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lafayette Land For Sale

    This vacant lot, zoned for mixed-use residential, is located near Congress and University in Lafayette, Louisiana. The lot size is 0.16 acres. This commercial land offers opportunities for various creative endeavors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0216998
    Latitude
    30.2290912

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    FAQs

    What type of property is this?
    Land - Vacant lot zoned mixed-use residential near Congress and University.
    Where is this land located?
    The property is located at 503 S Washington St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: - Vacant Lot: Ready for immediate development.; - Zoned Mixed Use: Offers flexible development options.; - Residential Zoning: Suitable for building a home.
    (337) 857-5955
    Request Owner's contact information
    503 S Washington St Lafayette, LA 70501
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    Lafayette, LA 70501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    503 S Washington St Lafayette, LA 70501
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