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    4837 Evangeline Thruway Lafayette, LA 70501

    Sponsored
    For Sale
    $380,540

    Prime Industrial Land, Lafayette, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.18-acre industrial land parcel is strategically located at 4837 NW Evangeline Thruway in Lafayette, Louisiana, within Lafayette Parish (APN 6102595). Zoned COMM, this property presents a significant opportunity for industrial development. The site boasts high visibility and accessibility, situated along a major thoroughfare with an estimated daily traffic count of 49,000 vehicles. Its proximity to established distribution centers, including FedEx and Amazon facilities (within 3 miles), offers unparalleled logistical advantages. This location provides easy access to transportation networks, facilitating efficient distribution and supply chain management. The asking price for this exceptional property is $380,540. Serious inquiries are encouraged to explore the potential of this prime industrial land and its strategic location within a thriving commercial hub. The property's size and zoning make it suitable for a variety of industrial uses, offering investors and developers a compelling opportunity to capitalize on the region's robust economic growth. Further details regarding the property's specifications and potential uses are available upon request.

    Property Features for 4837 Evangeline Thruway

    General Information

    Property type
    Land
    Lot Size
    94,961 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.9979411
    Latitude
    30.2476472

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Lafayette, LA
    Where is this land located?
    The property is located at 4837 Evangeline Thruway Lafayette, LA.
    What is the asking price?
    The asking price for this property is $380,540.
    Request Owner's contact information
    4837 Evangeline Thruway Lafayette, LA 70501
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    Lafayette, LA 70501
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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
    4837 Evangeline Thruway Lafayette, LA 70501
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