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Commercial Land with Residential Plans
For Sale
$950,000

115 Mckinley Street, Lafayette, LA 70501

The offering combines two McKinley Street locations with parking and preliminary approval for residential development.

Property Size7,299 SF
Price / SF$130.15
Days on Market74

Property Features for 115 Mckinley Street

General Information

Standard status Active
Size 7,299 SF

Taxes and HOA fees

Annual Taxes $4,802
Listing Agency: eXp Realty, LLC
Listed By: Blaise Verret · License #995703803
Source: Exprealty
Added: Aug 25 Changed: Nov 4 Last Checked: Nov 4 at 2:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

The commercial land offering includes 115 and 205 McKinley Street, with the second location providing parking as part of the combined package. Together, the sites comprise 1.3 acres. Preliminary approval covers 53 residential units across both locations.

The property is near the University of Louisiana-Lafayette in Lafayette. The residential concept applies to the combined sites, rather than to 115 McKinley Street alone.

Key Highlights

  • Combined 1.3‑acre offering at 115 and 205 McKinley Street
  • Preliminary approval for 53 residential units across both sites
  • Near the University of Louisiana‑Lafayette

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick HVAC Service Home Appliance Store Bakery (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic

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

1,905
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The offering combines two McKinley Street locations with parking and preliminary approval for residential development.
Where is this commercial land located?
The property is located at 115 Mckinley Street Lafayette, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Combined 1.3‑acre offering at 115 and 205 McKinley Street; Preliminary approval for 53 residential units across both sites; Near the University of Louisiana‑Lafayette
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