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    400 Target Loop Lafayette, LA 70506

    For Sale
    $1,318,235

    24 acres of commercial land near Johnston Street.

    Property size:
    24 SF
    Lot size:
    24.21 Acres

    Property Features for 400 Target Loop

    General Information

    Size
    24 SF
    Lot size
    24.21 Acres

    Source: Flo Meadows, CCIM, CPA Agent Flo Meadows, CCIM, CPA

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

    Overview

    Prime Commercial Land Opportunity

    This commercial land opportunity features approximately 24 acres available for development. Located just off Johnston Street, a major retail corridor in Lafayette, the site is zoned Commercial Heavy. The location offers close proximity to Acadiana Mall and other retail centers. Potential uses include retail, office, or multifamily developments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0813083
    Latitude
    30.1763706

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    FAQs

    What type of property is this?
    Land - 24 acres of commercial land near Johnston Street.
    Where is this land located?
    The property is located at 400 Target Loop Lafayette, LA.
    What is the asking price?
    The asking price for this property is $1,318,235.
    What are key features of this property?
    This property features: - Prime Location: Situated just off Johnston Street, a major retail corridor in Lafayette.; - Sizeable Land Parcel: Approximately 24 acres available for development.; - Commercial Heavy Zoning: Suitable for a wide range of commercial uses.
    (337) 258-2301
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    400 Target Loop Lafayette, LA 70506
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    Lafayette, LA 70506
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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
    400 Target Loop Lafayette, LA 70506
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