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Commercial Development Land Tract
For Sale
$1,750,000

3601 N university avenue, Carencro, LA 70520

Commercial land with easement impacts to the rear portion and net usable acreage of 1.90 acres.

Property SizeContact for details
Lot Size3.16 Acres
Days on Market922

Property Features for 3601 N university avenue

General Information

Standard status Active
Lot size 3.16 Acres
Property subtype Land

Amenities

Water
Sewer
Listing Agency: Spectrum Real Estate
Listed By: J. Allen Angers · License #58372
Source: Lacdb.resimplifi
Added: Apr 8, 2024 Changed: Oct 2 Last Checked: Oct 14 at 7:37PM

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 Spectrum Real Estate

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Investment Insights

Based on property information with market context.

This commercial land tract totals 3.16 acres, with a rear portion impacted by easements, resulting in 1.90 acres of net usable development area. The property’s configuration is suited for a fast-food and retail strip concept, subject to applicable approvals.

The listing notes that development of an adjoining corner tract (currently under contract for a planned gas station convenience store) could enable access from Gloria Switch Road and include a curb cut onto University Avenue for this property.

The opportunity centers on leveraging the usable portion of the site while coordinating access with the planned nearby development to support frontage and ingress/egress.

Key Highlights

  • 3.16‑acre commercial land tract with rear portion impacted by easements
  • Net usable acreage: 1.90 acres
  • Frontage length of 400.00 ft

Property Analytics

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Current Use

Dean's Auto Sales Car Dealership

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Auto Parts Store Restaurant 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

112
Businesses Nearby

Demographics for 70520, LA

20,017
Population
9,011
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
38.8 sq mi
ZIP Area
516
Density / Sq Mi
$65,956
Median Household Income
$43,019
Median Earnings
$953
Median Rent
$199,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with easement impacts to the rear portion and net usable acreage of 1.90 acres.
Where is this commercial land located?
The property is located at 3601 N university avenue Carencro, LA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3.16‑acre commercial land tract with rear portion impacted by easements; Net usable acreage: 1.90 acres; Frontage length of 400.00 ft
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