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    6800 Blk Johnston St Lafayette, LA 70503

    For Sale
    $4,400,000

    53-acre vacant land with commercial and residential potential.

    Property size:
    11,963 SF

    Property Features for 6800 Blk Johnston St

    General Information

    Size
    11,963 SF

    Building Details

    Year built
    2008

    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

    Large Johnston Street Development Tract

    This is a large tract of vacant land, approximately 53 acres, situated on Johnston Street near the intersection with E Broussard. The property features level topography and is not located in a flood zone. It offers over 700 feet of frontage on Johnston Street. The front portion of the property is suitable for commercial use, while the rear is suitable for residential development. Located in South Lafayette on Johnston Street, past the E Broussard intersection, the property benefits from its location on a corridor that has experienced significant growth and commercial activity in recent years. The location experiences traffic counts exceeding 39,000 vehicles per day. The property is the largest developable tract remaining on Johnston Street before reaching Vermilion Parish.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0509
    Latitude
    30.1817

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    FAQs

    What type of property is this?
    Land - 53-acre vacant land with commercial and residential potential.
    Where is this land located?
    The property is located at 6800 Blk Johnston St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: - Large +/-53 acre developable tract - the largest remaining on Johnston St before Vermilion Parish.; - High traffic location with **700+ feet of frontage on Johnston St** (39,000+ vehicles per day).; - Suitable for both commercial and residential development.
    (318) 366-6064
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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
    6800 Blk Johnston St Lafayette, LA 70503
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