Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7301 W Congress Street lot 3-A Duson, LA 70529

    View on Map
    Claim this Listing
    For Sale
    $159,500

    COMMERCIAL - Duson, LA

    Added:
    Jul 10, 2024
    Days on Market:
    644
    Last Refresh:
    Apr 14 at 11:06 pm

    Property Features for 7301 W Congress Street lot 3-A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    UNZONED
    Standard status
    Active
    APN
    6130419

    Taxes and HOA fees

    Tax Description
    LOT 3-A SEC 9 T10S R3E (5.751 AC)

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Kerry G Emanis

    Listing agent Kerry G Emanis License #0995697822

    Listing office Sam Robertson Real Estate Co 229 Heymann Blvd., Lafayette, LA

    Listing date Jul 10, 2024

    MLS# 24006499 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

    Land with Pond Near Lafayette

    This tract of land, located in Duson, LA, features a pond at the back of the property. There are three pads available for construction. In-ground electricity and water are present. The property is approximately 10 minutes from the center of Lafayette. The property is located at 7301 W Congress Street lot: 3-A, Duson, LA 70529.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Electrical Service Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Duson
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.16488
    Latitude
    30.194623

    Nearby Similar for Sale

    • $412,000

      Duson Land Opportunity

      9.67 acres of unzoned land in a growing area.
      1600 Blk S Fieldspan Road, Duson, LA 70529
      View Details
    • $2,100,000
      29,000 SF

      Duson Hotel Near I-10

      Three-story, 54-room hotel in Duson Industrial Park.
      3001 Daulaut Drive, Duson, LA 70529
      View Details
    • $125,000

      Cleared Land in Duson, LA

      3 acres of cleared, level land with utilities nearby.
      000-B Paul Molbert Road, Duson, LA 70529
      View Details
    • $38,500

      Residential Lot in Quiet Duson

      Half-acre lot on a quiet dead-end street.
      153 Tolmark Road lot: 14, Duson, LA 70529
      View Details
    • $60,000

      Unrestricted Land in Duson, LA

      Unrestricted 0.64 acre lot, ideal for building a home.
      Monte Road lot: 2, Duson, LA 70529
      View Details
    • $175,000

      Prime Corner Lot in Duson

      3.6-acre corner tract, ideal for business or dream home.
      1600-A Blk S Fieldspan Road, Duson, LA 70529
      View Details
    • $60,000

      Unrestricted Land in Duson, Louisiana

      One acre of unrestricted land, ideal for building a home.
      Monte Road lot: 1, Duson, LA 70529
      View Details
    • $265,000
      3,500 SF

      Commercial Building Near Lafayette

      3,500 SF commercial building on 0.74 acres near Lafayette.
      303 Fernway Lane, Duson, LA 70529
      View Details
    • $60,000

      Unrestricted Land in Duson, Louisiana

      Unrestricted 0.64-acre lot in Duson, build your dream home.
      Monte Road lot: 3, Duson, LA 70529
      View Details
    • $85,000

      Residential Lots in Duson, LA

      Residential lots in a serene Scott/Duson area with pond views.
      301 Anderson Road lot: 8, Duson, LA 70529
      View Details
    • $55,000

      Residential Land in Duson, LA

      Manicured 0.417 acre property with mature oak trees.
      1100 S Fieldspan Road lot: A, Duson, LA 70529
      View Details
    • $85,000

      4-Acre Land Tract in Duson

      Land for private homestead with easy access to amenities.
      131 Wainwright Road lot: 1, Duson, LA 70529
      View Details

    FAQs

    What type of property is this?
    Land - Unrestricted land featuring a pond, building pads, and utilities.
    Where is this land located?
    The property is located at 7301 W Congress Street lot 3-A Duson, LA.
    What is the asking price?
    The asking price for this property is $159,500.
    What are key features of this property?
    This property features: Large, clear tract of land suitable for building; Conveniently located 10 minutes from Lafayette; Includes a pond at the back of the property
    (337) 344-3800
    We can help!
    Listing Contact
    Kerry G Emanis
    Real Estate License ID: 0995697822
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!