Downtown Lafayette Development
For Sale
$175,000
627 Lafayette St, Lafayette, LA 70501
Prime 0.18-acre corner lot in Downtown Lafayette.
Property SizeContact for details
Lot Size0.18 Acres
Days on Market167
Property Features for 627 Lafayette St
General Information
Standard status
Active
Lot size
0.18 Acres
Property subtype
Land
Listing Agency:
Elifin Realty
Listed By:
Mark Johns · License #995715972
(501) 513-7394
Source:
Elifinrealty
Added: Mar 26
Changed: Aug 26
Last Checked: Sep 8 at 5:31AM
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 Elifin Realty
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Lafayette, 627 Lafayette St is a corner lot encompassing approximately 0.18 acres. The property benefits from high visibility, with an estimated 13,041 vehicles passing by daily. Zoned Commercial Mixed 2, the site is suitable for a range of development projects, including retail, office, multifamily residential, or mixed-use buildings. The current owner possesses site plans for a 28-unit apartment complex that incorporates retail space on the ground floor; these plans are available upon request. The property is positioned directly across from the Main Lafayette Public Library and represents one of the few remaining undeveloped parcels in the immediate vicinity. The site allows for the potential of multiple access points.
Key Highlights
- Prime ±0.18 acre corner lot in the heart of Downtown Lafayette.
- Zoned Commercial Mixed 2, allowing for retail, office, multifamily, or mixed‑use development.
- Site plans available for a 28‑unit apartment complex with retail on the first floor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime 0.18-acre corner lot in Downtown Lafayette.
Where is this commercial land located?
The property is located at 627 Lafayette St Lafayette, LA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Prime ±0.18 acre corner lot in the heart of Downtown Lafayette.; Zoned Commercial Mixed 2, allowing for retail, office, multifamily, or mixed‑use development.; Site plans available for a 28‑unit apartment complex with retail on the first floor.
