Listing Agency: Coldwell Banker Trahan Real Estate Group s***@trahangroup.com Show Phone

Listed By: Susan Chauffe · License #0995693058 Show Phone

Source: Exprealty

Added: Feb 9, 2020 Changed: Aug 31 Last Checked: Aug 31 at 6:51PM

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Investment Insights

Based on property information with market context.

This 0.36-acre lot, identified as Lot 13, is situated within the Foreman Oaks Office Park, located at the corner of Eraste Landry Road and Foreman Drive. The site is suitable for immediate development and is presented as an excellent location for various professional and medical office uses. Potential industries that could find this location beneficial include financial, insurance, legal, corporate, government, counseling, chiropractic, vision, general medical practitioners, and specialists seeking to own office space rather than lease. The location offers convenient access to I-10 and is positioned between Lafayette High School on Congress Street and the Ambassador Caffery Parkway/Bertrand Drive split. Additional lots are available, ranging in size from 0.36 acres to 1 acre. Build-to-suit options are also under consideration. The property is high and dry, prepared for development.

Key Highlights

• Ready for immediate development.
• Excellent site for professional and medical office use.
• Convenient location near I‑10.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency

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

686

Businesses Nearby

Explore this area Business Placement

Demographics for 70506, LA

39,801

Population

20,296

Households

2

Avg Household Size

36

Median Age

37%

College-Educated

91%

High-School Grad

20.8 sq mi

ZIP Area

1,914

Density / Sq Mi

$55,553

Median Household Income

$38,764

Median Earnings

$1,024

Median Rent

$215,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.36 acre lot ready for immediate development.

Where is this commercial land located?

The property is located at 203 Oak Grove Ln Lafayette, LA.

What is the asking price?

The asking price for this property is $77,600.

What are key features of this property?

This property features: Ready for immediate development.; Excellent site for professional and medical office use.; Convenient location near I‑10.