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    600 Ambassador Caffery Pkwy Lafayette, LA 70506

    For Sale
    $2,102,260

    Lafayette, LA: 8 Acres, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8.04-acre commercial land tract presents a remarkable investment opportunity in Lafayette, Louisiana. Located just three blocks south of I-10, this property boasts excellent visibility from Ambassador Caffery Pkwy, Saul Dr, and Walker Rd, ensuring high traffic exposure for any development. The property is zoned for Industrial Light use, offering flexibility for a variety of commercial ventures. With a total asking price of $2,102,260, the land value equates to $261,475 per acre. The advantageous location within an Opportunity Zone further enhances its investment appeal. The property's prime location and zoning make it ideal for businesses seeking high visibility and convenient access to major transportation routes. The parcel's size and zoning flexibility allow for a wide range of development possibilities, from industrial facilities to hospitality or self-storage ventures. The property's Assessed Parcel Number (APN) is 6066181. This is a rare opportunity to acquire a highly visible and strategically located commercial land tract in a thriving Louisiana market. Don't miss this chance to capitalize on the significant development potential of this exceptional property.

    Property Features for 600 Ambassador Caffery Pkwy

    General Information

    Property type
    Self storage facilities
    Lot Size
    350,222 SF

    HighLights

    • Tax ID/APN: 6066181
    • Zoning: Light Industrial
    • High Visibility from Street
    • Zoning Classification: Light Industrial
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0632075
    Latitude
    30.2351837

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    FAQs

    What type of property is this?
    Self storage facility - Lafayette, LA: 8 Acres, High Visibility
    Where is this self storage facility located?
    The property is located at 600 Ambassador Caffery Pkwy Lafayette, LA.
    What is the asking price?
    The asking price for this property is $2,102,260.
    What are key features of this property?
    This property features: Tax ID/APN: 6066181; Zoning: Light Industrial; High Visibility from Street
    Request Owner's contact information
    600 Ambassador Caffery Pkwy Lafayette, LA 70506
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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
    600 Ambassador Caffery Pkwy Lafayette, LA 70506
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