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Commercial Corner Lot For Sale
For Sale
$1,250,000

1802 N University Ave, Lafayette, LA 70507

Four-acre commercial corner lot with high traffic and great visibility.

Property SizeContact for details
Lot Size4.16 Acres
Days on Market910

Property Features for 1802 N University Ave

General Information

Standard status Active
Lot size 4.16 Acres
Property subtype Land
Listing Agency: Hargroder Real Estate Group
Listed By: Dwayne P Hargroder · License #995696954
Source: Exprealty
Added: Mar 5, 2024 Changed: Aug 21 Last Checked: Aug 31 at 7:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hargroder Real Estate Group

Investment Insights

Based on property information with market context.

This is a 4-acre commercial corner lot zoned CH, situated in the I-10/University Avenue corridor. The property benefits from high traffic counts and visibility. It features over 300 feet of frontage on University Avenue and over 490 feet on Stone Avenue. The site is suitable for light manufacturing, storage warehousing, and flex office/warehouse developments.

Key Highlights

  • Prime 4‑acre commercial corner location in the I‑10/University Avenue corridor.
  • Zoned CH (Commercial Heavy) offering versatile development potential.
  • High traffic counts and excellent visibility on University Avenue and Stone Avenue.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Pharmacy Kitchen & Bath Showroom Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

Demographics for 70507, LA

17,791
Population
8,133
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
831
Density / Sq Mi
$64,010
Median Household Income
$40,700
Median Earnings
$937
Median Rent
$206,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four-acre commercial corner lot with high traffic and great visibility.
Where is this commercial land located?
The property is located at 1802 N University Ave Lafayette, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime 4‑acre commercial corner location in the I‑10/University Avenue corridor.; Zoned CH (Commercial Heavy) offering versatile development potential.; High traffic counts and excellent visibility on University Avenue and Stone Avenue.
More about this property
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