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    2291 Ambassador Caffery Pkwy Lafayette, LA 70506

    For Lease
    $2.00 SF/Yr ($4,271 /Mo)

    0.588 acres of commercial land available for ground lease.

    Property size:
    25,629 SF
    Lot size:
    25.00 Acres

    Property Features for 2291 Ambassador Caffery Pkwy

    General Information

    Size
    25,629 SF
    Lot size
    25.00 Acres

    Source: John Monteleone, CCIM Agent John Monteleone, CCIM

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

    Overview

    Commercial Land Ground Lease Opportunity

    This 0.588-acre commercial land parcel presents a ground lease opportunity at a signalized hard corner location. The site benefits from a traffic count of 32,493 vehicles per day based on 2024 data. It is located across from Super One, Burger King, Popeyes, and Dollar Tree. The property is zoned CM-1 Commercial Mixed and falls within Flood Zone A. A clean Phase 1 Environmental Site Assessment was completed in 2024. The location offers access to LUS fiber, electricity, water, and sewer. Situated less than a mile from the recently developed roundabout on Dulles Dr. at Apollo Rd., the site provides access to West Village and the City of Scott. Ideal uses include drive-thru coffee, QSR, and small restaurant concepts.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0751714
    Latitude
    30.2103431

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    FAQs

    What type of property is this?
    Land - 0.588 acres of commercial land available for ground lease.
    Where is this land located?
    The property is located at 2291 Ambassador Caffery Pkwy Lafayette, LA.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    What are key features of this property?
    This property features: - **Signalized hard corner location with high traffic count (32,493 VPD).**; - Ground lease opportunity on 0.588 acres of commercial land.; - Located across from established businesses: Super One, Burger King, Popeyes, Dollar Tree.
    (337) 278-6444
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    2291 Ambassador Caffery Pkwy 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
    2291 Ambassador Caffery Pkwy Lafayette, LA 70506
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