T-4 Commercial Land with
For Sale
$850,000
2501 W Willow Street, Scott, LA 70583
Land, Scott, LA
Property Size6,287 SF
Lot Size50.00 Acres
Price / SF$135.20
Days on Market310
Property Features for 2501 W Willow Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
T-4
Lot features
Level, Curb Cuts, Drive
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
From the intersection of Ambassador Caffery and Willow, head West on Willow. Once Willow makes a left hand turn the subject property will be on your left.
Subdivision
C
Standard status
Active
APN
6061590
Lot size
50.00 Acres
Taxes and HOA fees
Tax Description
See attached surveys
Legal Description
See attached surveys
Utilities
Utilities
Water Available
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Brennan Billeaud · License #0000069755
(337) 654-2591
Added: Dec 1, 2025
Changed: Sep 12
Last Checked: Oct 7 at 6:06AM
MLS# 2500006017
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This T-4 commercial land tract includes four existing houses totaling 6,287 SF. The residences include two 2-bedroom, 1-bath homes measuring 1,173 SF and 1,465 SF; a 2,134-SF, 3-bedroom, 2-bath home; and a 1,515-SF, 3-bedroom, 2-bath home. One residence is vacant, while the others are occupied under existing rental arrangements.
Located at 2501 W. Willow Street in Scott, the property has frontage along W. Willow Street and is near I-10, between Scott and Lafayette. City sewer and water are available. The tract is identified within flood zone AE and the floodway, which should be considered in evaluating future land use and development plans.
Located at 2501 W. Willow Street in Scott, the property has frontage along W. Willow Street and is near I-10, between Scott and Lafayette. City sewer and water are available. The tract is identified within flood zone AE and the floodway, which should be considered in evaluating future land use and development plans.
Key Highlights
- T‑4 zoning for a 50‑acre commercial land tract
- Four existing houses totaling 6,287 SF
- 1,173‑SF 2‑bedroom, 1‑bath house
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,268
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,360
$825.4K
Cap Rate 7%
$589,543
$589.5K
Cap Rate 9%
$458,533
$458.5K
Market Conditions
NOI Build-Up for 6,287 SF
Gross rent
$84.5K $13.44/SF
− Vacancy
−$9.5K −$1.51/SF
EGI
$75.0K $11.93/SF
− OpEx
−$33.8K −$5.37/SF
NOI
$41.3K $6.56/SF
Area
Lafayette County, LA
Vacancy
11.20%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,360
Cap Rate 7%
$589,543
Cap Rate 9%
$458,533
Alternative Uses
Best Use
Apartment 5plus
$589.5K
$515.9K – $687.8K
NOI $41,268 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,052 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - T-4-zoned tract with four existing houses and access to city water and sewer.
Where is this commercial land located?
The property is located at 2501 W Willow Street Scott, LA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: T‑4 zoning for a 50‑acre commercial land tract; Four existing houses totaling 6,287 SF; 1,173‑SF 2‑bedroom, 1‑bath house
