6800 Blk Johnston Street Lafayette, LA 70503

Listing agency Lee & Associates - Lafayette r***@lee-associates.com Show Phone

Listed by Clinton Shepard · License #LA SALE.0995690388-ACT

Source Crexi

Added: May 17, 2024 Updated: Jul 6 at 8:23AM Checked: Jul 15 at 10:26PM

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Investment Insights

Based on property information with market context.

This property features approximately 53 acres of vacant land situated on Johnston Street, near its intersection with E. Broussard Road. The tract has level topography and is not located within a flood zone. It offers over 700 feet of frontage along Johnston Street. The location in South Lafayette, past the E Broussard intersection, has seen significant growth and commercial activity in recent years. The Johnston Street corridor, heading towards Maurice, is one of the most heavily traveled streets in the city, with traffic counts exceeding 39,000 vehicles per day. The frontage is well-positioned for commercial development, while the rear portion of the property presents an opportunity for residential use. This represents the largest remaining developable tract on Johnston Street before reaching Vermilion Parish.

Key Highlights

• Largest remaining developable tract on Johnston Street before Vermilion Parish.
• High traffic frontage (over 39,000 vehicles per day) ideal for commercial development.
• Suitable for mixed‑use development: commercial frontage and residential rear portion.

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FAQs

What type of property is this?

Commercial land - Large 53-acre tract ideal for commercial and residential development.

Where is this commercial land located?

The property is located at 6800 Blk Johnston Street Lafayette, LA.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Largest remaining developable tract on Johnston Street before Vermilion Parish.; High traffic frontage (over 39,000 vehicles per day) ideal for commercial development.; Suitable for mixed‑use development: commercial frontage and residential rear portion.