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    4246 Evangeline Thruway Carencro, LA 70520

    For Sale
    $425,000

    1.32 Acres, I-49 Service Road, $425,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.32-acre commercial land parcel presents a unique investment opportunity in the thriving Carencro, Louisiana market. Located at 4246 NE Evangeline Thruway, this unzoned property boasts a highly visible corner lot position on the I-49 Service Road, offering unparalleled accessibility and exposure. Its strategic location places it just a quarter-mile north of Don's Specialty Meats and only one mile north of the I-49 interchange at Hector Connoly Road, an area anchored by major retailers such as Super 1 Foods and Walmart. The property benefits from its proximity to significant recent development along this stretch of I-49 Service Road, including Southeastern Freight, Kenworth of Louisiana, and Don's Specialty Meats, indicating a strong and growing commercial corridor. The asking price for this exceptional land is $425,000. The property's size and location make it ideal for a variety of commercial or industrial uses, presenting a compelling opportunity for businesses seeking high visibility and convenient access to major transportation routes. The 70520 zip code further underscores the property's location within a dynamic and expanding commercial area of Lafayette Parish. This is a rare chance to acquire a substantial land parcel in a prime location with significant growth potential.

    Property Features for 4246 Evangeline Thruway

    General Information

    Property type
    Land
    Lot Size
    57,499 SF

    HighLights

    • $425,000 asking price.
    • 1.32‑acre commercial/industrial land parcel.
    • Unzoned.
    • Located at 4246 NE Evangeline Thruway, Carencro, LA 70520.
    • High‑traffic I‑49 service road location, near major retailers and recent commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carencro
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.037994122703
    Latitude
    30.335455560188

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    FAQs

    What type of property is this?
    Land - 1.32 Acres, I-49 Service Road, $425,000
    Where is this land located?
    The property is located at 4246 Evangeline Thruway Carencro, LA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: $425,000 asking price.; 1.32-acre commercial/industrial land parcel.; Unzoned.
    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
    4246 Evangeline Thruway Carencro, LA 70520
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