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High-Traffic Corner Lot in Lafayette
For Sale
$399,000

1007 Carmel drive, Lafayette, LA 70501

3.94 Acres Land Pending Sale - 1007 Carmel Drive

Property Size172,965 SF
Lot Size3.97 Acres
Price / SF$2.31
Days on Market560

Property Features for 1007 Carmel drive

General Information

Standard status Active
Property type Other land, Commercial land, Residential land & home lots, Land
Size 172,965 SF
Elevators N/A
Lot size 3.97 Acres
Listing Agency:
Listed By: Paul
Added: Feb 17, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 3.97-acre commercial property is located on a high-traffic corner at the intersection of Carmel Drive and Pinhook Road in Lafayette, Louisiana. The location offers exceptional visibility and accessibility, making it suitable for a range of commercial ventures. The property is located within the 70501 zip code in Lafayette Parish. The lot provides ample space for development, accommodating substantial building projects. Its location outside of any designated flood zone mitigates potential risks associated with flooding. This commercially zoned land presents a development opportunity in a thriving Lafayette market.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Kitchen & Bath Showroom Building Supply

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

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 3.94 Acres Land Pending Sale - 1007 Carmel Drive
Where is this land located?
The property is located at 1007 Carmel drive Lafayette, LA.
What is the asking price?
The asking price for this property is $399,000.
More about this property
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