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    2644 Ambassador Caffery Pkwy Lafayette, LA 70506

    Sponsored
    For Sale
    $2,900,000

    Prime Lafayette acreage, endless potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14.36-acre property, located at 2644 Ambassador Caffery Parkway in Lafayette, Louisiana (zip code 70506), presents a rare investment opportunity. Priced at $2,900,000, this land offers a compelling value proposition at approximately $201,950 per acre. The property is designated as both residential and industrial, providing significant flexibility for development. The APN is 6153748. Situated in unincorporated Lafayette Parish, this expansive tract boasts an unparalleled location along Ambassador Caffery Parkway. While existing structures are present on the site, they are not factored into the asking price. This presents a blank canvas for a wide range of projects, from residential subdivisions to industrial facilities. The property's size and strategic location make it an ideal candidate for a variety of uses, catering to both residential and commercial interests. This is a unique opportunity to acquire a substantial land parcel in a thriving Louisiana market. Serious inquiries are encouraged to explore the full potential of this remarkable property. Latitude and longitude coordinates are 30.2012632, -92.076038 respectively.

    Property Features for 2644 Ambassador Caffery Pkwy

    General Information

    Property type
    Land
    Lot Size
    625,522 SF

    HighLights

    • $2,900,000 asking price.
    • 14.36‑acre land parcel.
    • Residential and industrial zoning.
    • $201,950 per acre land value.
    • Located at 2644 Ambassador Caffery Pkwy, Lafayette, LA 70506.
    • APN: 6153748.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gulfgate Construction LLC General Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.076038
    Latitude
    30.2012632

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    FAQs

    What type of property is this?
    Land - Prime Lafayette acreage, endless potential.
    Where is this land located?
    The property is located at 2644 Ambassador Caffery Pkwy Lafayette, LA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: $2,900,000 asking price.; 14.36-acre land parcel.; Residential and industrial zoning.
    Request Owner's contact information
    2644 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
    2644 Ambassador Caffery Pkwy Lafayette, LA 70506
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