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    475 Settlers Trace Blvd Lafayette, LA 70508

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    For Sale
    $4,500,000

    3.08-acre commercial land in Lafayette's thriving commercial corridor.

    Lot size:
    3.08 Acres

    Property Features for 475 Settlers Trace Blvd

    General Information

    Lot size
    3.08 Acres

    Source: Beau Box Commercial Real Estate Lafayette Agent Mamie Hightower

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

    Overview

    Prime Commercial Land in Lafayette

    This property is a 3.08 +/- acre site situated in the heart of Lafayette's thriving commercial corridor, an area known for its high concentration of retail and entertainment venues. The location is home to establishments such as Costco, Dick's Sporting Goods, Top Golf, Dave & Buster's, Super Target, Academy Sports + Outdoors, and Whole Foods Market. The property is adjacent to the nationally acclaimed mixed-use development, River Ranch, which is known as the most affluent area of Lafayette, characterized by high housing values, market-leading commercial rental rates, and a variety of shopping and dining options. The property is zoned (CH) Commercial Heavy and includes underground storm water drainage and utilities. It features 179 paved parking spaces and driveway access to both Beaullieu Drive and Settlers Trace, with 250 feet of frontage on Settlers Trace.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.046556
    Latitude
    30.16407

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    FAQs

    What type of property is this?
    Commercial land - 3.08-acre commercial land in Lafayette's thriving commercial corridor.
    Where is this commercial land located?
    The property is located at 475 Settlers Trace Blvd Lafayette, LA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Trophy location in Lafayette's thriving commercial corridor near Costco, Dick's, Top Golf, Dave & Buster's, Super Target, Academy, and Whole Foods.; - Adjacent to the nationally acclaimed mixed-use development, River Ranch, the most affluent area of Lafayette.; - Zoning: (CH) Commercial Heavy, allowing for a wide range of business opportunities.
    (337) 789-3802
    Request Owner's contact information
    475 Settlers Trace Blvd Lafayette, LA 70508
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    Lafayette, LA 70508
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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
    475 Settlers Trace Blvd Lafayette, LA 70508
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