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    3450 Evangeline Thurway Carencro, LA 70520

    For Sale
    $538,336

    1.177-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.177-acre industrial land parcel, located at 3450 NE Evangeline Thruway, Lot 6, Carencro, LA 70520 (APN 6034590), presents a compelling investment opportunity. Priced at $538,336 ($10.50/sq ft), this property boasts high visibility and accessibility, situated along a frontage road where Carencro and Lafayette meet, just north of the Gloria Switch Rd exit. The area is experiencing significant residential and commercial growth, making this site ideal for a variety of end uses. High traffic counts (68,719 vehicles per day) ensure maximum exposure. The property's strategic location offers proximity to residential neighborhoods and convenient interstate access. This is a newly subdivided tract within a larger development, offering significant potential for future development. The land is classified as industrial and is part of Lafayette County. The property's size makes it suitable for various commercial or industrial projects. This is a rare opportunity to acquire a well-positioned industrial lot in a thriving Louisiana market.

    Property Features for 3450 Evangeline Thurway

    General Information

    Property type
    Land
    Lot Size
    51,270 SF

    HighLights

    • Newly subdivided 1.177‑acre industrial lot for sale.
    • Approximately 1.177 acres.
    • High development potential in a growing area.
    • High visibility location with 68,719 vehicles per day.
    • High traffic counts (68,719 VPD).
    • APN #6034590.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.037116
    Latitude
    30.3392877

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    FAQs

    What type of property is this?
    Land - 1.177-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 3450 Evangeline Thurway Carencro, LA.
    What is the asking price?
    The asking price for this property is $538,336.
    What are key features of this property?
    This property features: Newly subdivided 1.177-acre industrial lot for sale.; Approximately 1.177 acres.; High development potential in a growing area.
    Request Owner's contact information
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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
    3450 Evangeline Thurway Carencro, LA 70520
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