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    303 Ambassador Caffery Pkwy Scott, LA 70583

    For Sale
    $194,620

    Highly visible, I-10 proximity, Opportunity Zone.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 27,803 square foot industrial land parcel is strategically located at 303 Ambassador Caffery Pkwy in Scott, Louisiana, offering unparalleled visibility and accessibility. Priced at $194,620 ($7/SF), this property boasts a prime location with 137 feet of frontage on Ambassador Caffery Parkway, placing it just two blocks south of Interstate 10, ensuring convenient access to major transportation routes. The property's zoning is designated as Industrial Light, providing flexibility for a variety of industrial uses. Its advantageous position next to the Microtel Inn further enhances its visibility and potential. Adding to its appeal, this property is situated within an Opportunity Zone, presenting significant tax advantages for qualified investors. The property's APN is 6100214. This is a rare opportunity to acquire a highly visible and well-located industrial land parcel in a thriving area of Lafayette Parish County, Louisiana, zip code 70583. The property's coordinates are 30.241022 latitude and -92.065554 longitude.

    Property Features for 303 Ambassador Caffery Pkwy

    General Information

    Property type
    Land

    HighLights

    • High‑visibility location with 137 feet of frontage on Ambassador Caffery Pkwy.
    • Two blocks south of I‑10, providing excellent highway access.
    • Adjacent to Microtel Inn, benefiting from existing traffic and visibility.
    • Located in an Opportunity Zone, offering potential tax advantages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.065554
    Latitude
    30.241022

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    FAQs

    What type of property is this?
    Land - Highly visible, I-10 proximity, Opportunity Zone.
    Where is this land located?
    The property is located at 303 Ambassador Caffery Pkwy Scott, LA.
    What is the asking price?
    The asking price for this property is $194,620.
    What are key features of this property?
    This property features: High-visibility location with 137 feet of frontage on Ambassador Caffery Pkwy.; Two blocks south of I-10, providing excellent highway access.; Adjacent to Microtel Inn, benefiting from existing traffic and visibility.
    Request Owner's contact information
    303 Ambassador Caffery Pkwy Scott, LA 70583
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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
    303 Ambassador Caffery Pkwy Scott, LA 70583
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