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    110 Lafayette St Maurice, LA 70555

    For Sale
    $856,708

    Prime Commercial Land in Growing Maurice, LA

    Description

    Added:
    Feb 16, 2025
    Days on Market:
    296
    This exceptional 8.74-acre commercial lot presents a remarkable investment opportunity in the thriving Maurice, Louisiana market, situated within the Lafayette MSA. Ideally located just off the well-traveled intersection of Highway 167 and West Lafayette Street, this property offers convenient access from both West Lafayette Street and Maurice Avenue, enhancing its development potential. The land itself is characterized by its generally level and cleared terrain, a significant advantage for construction projects. Importantly, this property lies outside of a designated flood zone (X zone), mitigating risk and streamlining development processes. The site's strategic location within Maurice, a community experiencing substantial growth over the past five years and projecting continued expansion, makes it particularly attractive for various commercial ventures. The asking price for this prime commercial land is $856,708. Its size and location within a dynamic market make it an ideal site for residential or multifamily development, offering significant returns for the discerning investor. The property's address is 110 W Lafayette St, Maurice, LA 70555, within Vermilion Parish.

    Property Features for 110 Lafayette St

    General Information

    Property type
    Land
    Lot Size
    380,714 SF

    HighLights

    • $856,708 asking price for 8.74 acres of commercial land.
    • Located in Maurice, LA, within the Lafayette MSA.
    • Situated in the Maurice submarket, outside of a flood zone (X zone).
    • Excellent access from W Lafayette Street and Maurice Avenue, suitable for residential or multifamily development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Maurice
    County
    Vermilion Parish
    State
    Louisiana
    Longitude
    -92.1256532
    Latitude
    30.1089416

    Nearby Comparable

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      Lafayette Mixed-Use Lot For Sale

      Mixed-use lot in Lafayette, suitable for various development projects.
      106 Lafayette St, Lafayette, LA 70506
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    • $316,650
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      Commercial Land in Office Park

      Two-acre commercial land available in an established office park.
      103 Lafayette St, Lafayette, LA 70508
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      Verot School Road Commercial Land

      Commercial land for sale on Verot School Road.
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      Maurice Commercial Land - 7.97 Acres

      Prime commercial land, high visibility, ideal for development.
      0 Milton Rd, Maurice, LA 70555
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Land in Growing Maurice, LA
    Where is this land located?
    The property is located at 110 Lafayette St Maurice, LA.
    What is the asking price?
    The asking price for this property is $856,708.
    What are key features of this property?
    This property features: $856,708 asking price for 8.74 acres of commercial land.; Located in Maurice, LA, within the Lafayette MSA.; Situated in the Maurice submarket, outside of a flood zone (X zone).
    Request Owner's contact information
    110 Lafayette St Maurice, LA 70555
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    Maurice, LA 70555
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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
    110 Lafayette St Maurice, LA 70555
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