201 Spring Farm Rd Lafayette, LA 70508

This 1.12-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located on Spring Farm Road, just off the high-traffic Ambassador Caffery Parkway (over 44,000 vehicles per day), this property boasts exceptional visibility and accessibility. The site is zoned CH and is ideally situated near a concentration of medical facilities, including Our Lady of Lourdes Regional Medical Center and its associated women's and children's hospital, employing over 3,000 people. The surrounding area is also home to significant retail developments such as Ambassador Town Center (featuring Costco, Chuy's, Dick's Sporting Goods, and many other national retailers), Cordoba and Province medical/professional office parks, a large private school (St. Thomas Moore), and a new luxury apartment complex. The property's proximity to these established businesses and high-density residential areas ensures strong potential for future development. The asking price is $33-35 per square foot, with delivery anticipated in 2024. Build-to-suit options are available, with terms to be determined. Retail suites ranging from 1,500 to over 6,550 square feet are also available for lease, with lease rates ranging from $40 to $60 per square foot, depending on size and lease terms. These suites are offered on a triple-net lease basis, and tenant improvement allowances are to be determined. A drive-thru opportunity exists, making this parcel suitable for a variety of commercial uses. The building square footage is adjustable to meet specific tenant needs.