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    2700 Kaliste Saloom Rd Lafayette, LA 70508

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    For Sale
    Contact for pricing

    Prime Commercial Land, High-Demand Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.9786-acre commercial land parcel is ideally situated on Kaliste Saloom Road in Lafayette, Louisiana, boasting high visibility and accessibility. Zoned CH, it offers flexible development options, with subdivided lots ranging from 0.5 to 3.978 acres available. Pricing is competitive, starting at $15 per square foot for the entire site, with slightly higher rates for subdivided corner and larger lots. The property benefits from its proximity to major thoroughfares like Ambassador Caffery Parkway, and enjoys an enviable location near a concentration of medical facilities, including Our Lady of Lourdes Regional Medical Center and its affiliated hospital, as well as St. Thomas Moore School. Furthermore, the site is surrounded by numerous established retail centers, including Ambassador Town Center, Crossroads Annex, River Marketplace, and Ambassador Crossing, featuring a diverse range of national and regional retailers and restaurants such as Costco, Target, Dave & Buster's, Top Golf, Whole Foods, and many more. This strategic location provides unparalleled access to a substantial workforce and a dense consumer base, making it an exceptional investment opportunity for developers seeking a high-traffic, high-demand location in a thriving commercial corridor. The property's size and zoning provide ample opportunity for a variety of commercial developments. The zip code is 70508.

    Property Features for 2700 Kaliste Saloom Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • 3.9786‑acre commercial land parcel in Lafayette, LA, on Kaliste Saloom Road with high visibility and accessibility.
    • Zoned CH, offering flexible development options with lot sizes from 0.5 to 3.978 acres.
    • Pricing starts at $15/SF for the entire site, with premium pricing for corner and larger subdivided lots.
    • Prime location near Ambassador Caffery Parkway, Our Lady of Lourdes Regional Medical Center, St. Thomas Moore School, and numerous retail centers including Ambassador Town Center, Crossroads Annex, River Marketplace, and Ambassador Crossing.
    • Exceptional investment opportunity due to high traffic, high demand, and proximity to a large workforce and consumer base in zip code 70508.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.050080951807
    Latitude
    30.154528374759

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High-Demand Location
    Where is this land located?
    The property is located at 2700 Kaliste Saloom Rd Lafayette, LA.
    What are key features of this property?
    This property features: 3.9786-acre commercial land parcel in Lafayette, LA, on Kaliste Saloom Road with high visibility and accessibility.; Zoned CH, offering flexible development options with lot sizes from 0.5 to 3.978 acres.; Pricing starts at $15/SF for the entire site, with premium pricing for corner and larger subdivided lots.
    (225) 235-5755
    Request Owner's contact information
    2700 Kaliste Saloom Rd Lafayette, LA 70508
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    Lafayette, LA 70508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2700 Kaliste Saloom Rd Lafayette, LA 70508
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