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    7626 Johnston St Maurice, LA 70555

    Sponsored
    For Sale
    $869,000

    Prime Agricultural & Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 24.63-acre property, located at 7626 Johnston St, Maurice, LA 70555 (APN 6069604), presents a unique investment opportunity. Zoned Ae, this expansive tract offers versatile development potential, suitable for a variety of uses. Situated on the west side of Johnston Street (US 167), approximately half a mile north of the Lafayette Parish-Vermillion Parish line, the land boasts convenient access to major roadways. The asking price is $869,000, translating to $35,282 per acre. While a portion bordering Le Des Cannes Coulee falls within the AE flood zone, the property's overall size and strategic location make it highly attractive for various projects. Consider this land for an industrial campus, a residential subdivision, or a multifamily development. The property's dual agricultural and residential subtypes provide flexibility for diverse development plans. Detailed flood zone information is available upon request. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area. Don't miss out on this exceptional investment prospect.

    Property Features for 7626 Johnston St

    General Information

    Property type
    Farms
    Lot Size
    1,072,883 SF

    HighLights

    • Sale Price: $869,000
    • Lot Size: 24.63 Acres
    • Price per Acre: $35,282
    • Market Area: Lafayette/Maurice, LA
    • Flood Zone Designation: Refer to page 3 for details
    • Assessor's Parcel Number (APN): 6069604
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Maurice
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.1141864
    Latitude
    30.1283716

    Nearby Comparable

    • $375,000

      Commercial Land on Johnston Street

      1.945 acre commercial land for sale in Maurice, LA.
      7510 Johnston St, Maurice, LA 70555
      View Details
    • $100,000
      1.05 Acres

      Land For Sale, Maurice, LA

      Land available near Vermilion Parish border, suitable for warehouse/office.
      122 Amhurst Rd, Maurice, LA 70555
      View Details
    • $150,000
      1.88 Acres

      Land For Sale - Maurice

      1.88 acre commercial land suitable for warehouse or office.
      120 Amhurst Rd, Maurice, LA 70555
      View Details
    • $245,000
      5.75 Acres

      Prime Maurice Commercial Land

      5.75 Acres, Hwy 167 Visibility
      7700 Johnston St, Maurice, LA 70555
      View Details
    • $1,195,000

      Johnston Street Commercial Land

      Prime Lafayette development land, high traffic location.
      7200 Johnston St, Lafayette, LA 70506
      View Details
    • $262,500
      7.00 Acres

      7 Acres Vacant Land

      7 acres of land ideal for ranchette or farm life.
      Tbd Baudoin Rd, Maurice, LA 70555
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Agricultural & Residential Land
    Where is this farm located?
    The property is located at 7626 Johnston St Maurice, LA.
    What is the asking price?
    The asking price for this property is $869,000.
    What are key features of this property?
    This property features: Sale Price: $869,000; Lot Size: 24.63 Acres; Price per Acre: $35,282
    Request Owner's contact information
    7626 Johnston St Maurice, LA 70555
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    Maurice, LA 70555
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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
    7626 Johnston St Maurice, LA 70555
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