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    Interstate 10 & Louisiana Ave Lafayette, LA 70501

    Sponsored
    For Sale
    Contact for pricing

    Prime 2.19-acre site, I-10 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.19-acre land parcel presents a unique investment opportunity in Lafayette, Louisiana. Strategically located at the intersection of Interstate 10 and Louisiana Avenue, this property boasts unparalleled visibility and accessibility. The site benefits from the significant recent expansion of Louisiana Avenue, further enhancing its prominence and attracting substantial traffic. This is the last remaining outparcel in a fully stabilized center, making it an ideal location for a variety of commercial developments, particularly a hotel, given the high demand in the area. Lafayette's robust residential and income growth over the past decade has established it as a thriving market, attracting numerous national retailers. The property's location within Lafayette County, Louisiana, and its proximity to Interstate 10, ensures easy access for both local residents and travelers. The 70501 zip code further underscores its position within a dynamic and growing commercial sector. This is a rare chance to secure a premier location in a rapidly expanding market. The property's size and location make it an attractive investment for developers seeking high visibility and strong potential for return. Don't miss this opportunity to capitalize on Lafayette's continued growth.

    Property Features for 0 Interstate 10 & Louisiana Ave

    General Information

    Property type
    Land
    Lot Size
    95,396 SF

    HighLights

    • 2.19‑acre land parcel in Lafayette, LA.
    • High‑visibility location at I‑10 and Louisiana Avenue.
    • Excellent site for hotel development; one remaining outparcel in a stabilized center.
    • Strong location due to Lafayette's residential and income growth, attracting national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.015503
    Latitude
    30.2543189

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    FAQs

    What type of property is this?
    Land - Prime 2.19-acre site, I-10 visibility.
    Where is this land located?
    The property is located at Interstate 10 & Louisiana Ave Lafayette, LA.
    What are key features of this property?
    This property features: 2.19-acre land parcel in Lafayette, LA.; High-visibility location at I-10 and Louisiana Avenue.; Excellent site for hotel development; one remaining outparcel in a stabilized center.
    (337) 234-4481
    Request Owner's contact information
    Interstate 10 & Louisiana Ave 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
    Interstate 10 & Louisiana Ave Lafayette, LA 70501
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