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    7626 Johnston St, Unit | Maurice Maurice, LA 70555

    For Sale
    $869,000

    24+ acres ideal for industrial, residential, or multifamily development.

    Property size:
    1 SF

    Property Features for 7626 Johnston St

    General Information

    Size
    1 SF

    Source: Clinton Shepard, SIOR, CCIM Agent Clinton Shepard, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    24+ Acres on Johnston Street

    The subject property encompasses over 24 acres situated on the west side of Johnston Street (US 167), approximately half a mile north of the Lafayette Parish-Vermillion Parish line. The western boundary of the property adjoins Le Des Cannes Coulee, with the portion along the banks located in Flood Zone AE. This property is suitable for an industrial campus, a residential subdivision, or a multifamily development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Maurice
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.1165683
    Latitude
    30.1288283

    FAQs

    What type of property is this?
    Commercial land - 24+ acres ideal for industrial, residential, or multifamily development.
    Where is this commercial land located?
    The property is located at 7626 Johnston St, Unit | Maurice Maurice, LA.
    What is the asking price?
    The asking price for this property is $869,000.
    What are key features of this property?
    This property features: - 24+ acre property - A blank canvas for your development dreams.; - Ideal for industrial campus, residential subdivision, or multifamily development.; - Located on Johnston St (US 167).
    (318) 366-6064
    Request Owner's contact information
    7626 Johnston St, Unit | Maurice 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
    7626 Johnston St, Unit | Maurice Maurice, LA 70555
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