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Commercial Land with Retention Area
For Sale
$125,000

1015 S Hugh Wallis Road lot 1, Lafayette, LA 70508

Land, Lafayette, LA

Property SizeContact for details
Lot Size0.53 Acres
Days on Market230

Property Features for 1015 S Hugh Wallis Road lot 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning CM
Subdivision New Center
Lot features Level
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions Kaliste Saloom to S Hugh Wallis Road. Property is on the Left.
Standard status Active
APN 6063389
Lot size 0.53 Acres

Taxes and HOA fees

Tax Description LOT 1 in part of that certain 3.30 Acre Tract of Land situated in Section 43, Township 10 South, Range 5 East, Southwestern District, Louisiana Meridian, City of Lafayette, Lafayette Parish, Louisiana.
Legal Description LOT 1 in part of that certain 3.30 Acre Tract of Land situated in Section 43, Township 10 South, Range 5 East, Southwestern District, Louisiana Meridian, City of Lafayette, Lafayette Parish, Louisiana.

Utilities

Utilities Water Available
Water source Public
Listing Agency: Coldwell Banker Trahan Real Estate Group
Listed By: Chad Trahan · License #76370
Added: Jan 21 Changed: Sep 2 Last Checked: Sep 8 at 5:06AM
MLS# 2600000145

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.

Investment Insights

Based on property information with market context.

This 0.53-acre commercial land parcel is located at 1015 S Hugh Wallis Road in Lafayette, Louisiana. The site includes a retention area that has already been constructed and is identified as being in Flood Zone X.

The property carries CM, or Commercial Mix, zoning. Public water is available, and the site is positioned for development consistent with the stated commercial land classification. The source information identifies office, warehouse, and apartment construction as potential development concepts.

Key Highlights

  • 0.53‑acre commercial land parcel
  • CM zoning, identified as Commercial Mix
  • Retention area already constructed on site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Parking Lot & Garage Locksmith Veterinary Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - CM-zoned parcel with an existing retention area and public water service.
Where is this commercial land located?
The property is located at 1015 S Hugh Wallis Road lot 1 Lafayette, LA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 0.53‑acre commercial land parcel; CM zoning, identified as Commercial Mix; Retention area already constructed on site
More about this property
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