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    3450 Evangeline Thruway Carencro, LA 70520

    For Sale
    $715,908

    3.287-acre lot, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.287-acre commercial and industrial land parcel is ideally situated at 3450 NE Evangeline Thruway, Lot 7, in Carencro, Louisiana, zip code 70520. The property boasts a highly desirable location, offering excellent visibility and accessibility with high traffic counts of 68,719 vehicles per day. This newly subdivided tract presents significant development potential, given its proximity to residential areas and convenient access to Interstate highways. The land is priced at $715,908, translating to $5 per square foot. Its prime location at the intersection of Carencro and Lafayette makes it suitable for a wide range of commercial and industrial uses. The property's APN is 6034590. This rapidly growing area offers a unique opportunity for investors seeking high-impact development projects. The site's strategic positioning ensures high visibility and accessibility, making it an attractive investment for businesses seeking a prominent location. This is a rare opportunity to acquire a substantial land parcel in a thriving Louisiana market. The property's size and location make it an ideal candidate for a variety of commercial or industrial developments. Further details and a proposed site plan are available upon request.

    Property Features for 3450 Evangeline Thruway

    General Information

    Property type
    Land
    Lot Size
    143,182 SF

    HighLights

    • $715,908 asking price for 3.287 acres of commercial/industrial land.
    • Located at 3450 NE Evangeline Thruway, Lot 7, Carencro, LA 70520 (APN 6034590).
    • High‑visibility site with high traffic counts (68,719 VPD) in a growing area.
    • Development potential with excellent access and proximity to residential neighborhoods and Interstate.
    • Land value: $5/SF.
    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 - 3.287-acre lot, high visibility
    Where is this land located?
    The property is located at 3450 Evangeline Thruway Carencro, LA.
    What is the asking price?
    The asking price for this property is $715,908.
    What are key features of this property?
    This property features: $715,908 asking price for 3.287 acres of commercial/industrial land.; Located at 3450 NE Evangeline Thruway, Lot 7, Carencro, LA 70520 (APN 6034590).; High-visibility site with high traffic counts (68,719 VPD) in a growing area.
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    Carencro, LA 70520
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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 Thruway Carencro, LA 70520
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