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    707 Verot School Rd Lafayette, LA 70508

    Sponsored
    For Sale
    $450,000

    Land - Lafayette, LA

    Lot size:
    1.98 Acres
    Days on Market:
    367
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 707 Verot School Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Parish Zoning
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    1.98 Acres

    Building Details

    Architectural style
    Other

    Latter & Blum Holdings LLC (504) 569-9369 [email protected]

    Listing agent Mikaela Wiggins (337) 233-9700

    Listing date Jan 9, 2025

    MLS# 23010964 Listing URL

    Copyright © 2026 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 with Development Opportunity

    This 1.98-acre lot offers high visibility and development opportunities on Verot School Road in Lafayette, Louisiana. The property is surrounded by residential neighborhoods within walking distance and is near businesses such as Fat Pat's, Stuller, Gardenview Retirement Community, and Walmart. A new gas station is located across the street. The lot is lined with trees for privacy and offers easy access. It is suitable for commercial use, multifamily properties, or single-family residences. Its location is advantageous for businesses seeking high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.014546
    Latitude
    30.17279

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    FAQs

    What type of property is this?
    Commercial land - Prime lot on Verot School Road with high visibility.
    Where is this commercial land located?
    The property is located at 707 Verot School Rd Lafayette, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High visibility location on Verot School Road.; - Endless development opportunity for commercial, multifamily, or single-family residences.; - Proximity to established businesses (Fat Pat's, Stuller, Walmart) and a new gas station.
    (504) 569-9369
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    707 Verot School Rd Lafayette, LA 70508
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    Lafayette, LA 70508
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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
    707 Verot School Rd Lafayette, LA 70508
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