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1603 University Ave Lafayette, LA 70506

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For Sale
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Prime Lafayette location, high visibility.

Property Features for 1603 University Ave

General Information

Property type
Land
Lot Size
40,075 SF

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Listing Contact
Jake Zimmerman
Jake Zimmerman

Listing Agency: Scout Real Estate Company Listing Agent: Jake Zimmerman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 0.92-acre commercial land parcel, located at 1603 N University Ave in Lafayette, Louisiana (zip code 70506, APN 6055639), presents a unique investment opportunity. Priced at $640,000 ($13.00/sq ft), this unzoned property boasts 200 feet of road frontage on N University Avenue, offering unparalleled visibility and accessibility. Its strategic location off I-10 E provides convenient access to major transportation routes. The property benefits from its proximity to a thriving commercial corridor, including established businesses such as Cracker Barrel, numerous hotels, fast-food restaurants, and gas stations. Furthermore, its location near the Truman Early Childhood Learning Center (a $26.5 million development), Lafayette Christian Academy, Jw James Elementary School, Life Storage, and the new Arbours at Lafayette Apartments ensures high traffic and strong potential for future development. This prime location offers significant potential for a variety of commercial uses, making it an ideal investment for developers and entrepreneurs seeking a high-impact location in a rapidly growing area of Lafayette. The property's size and visibility make it an attractive option for businesses seeking high visibility and convenient access to a large customer base.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette Parish
State
Louisiana
Longitude
-92.0361077
Latitude
30.2497111

FAQs

What type of property is this?
Land - Prime Lafayette location, high visibility.
Where is this land located?
The property is located at 1603 University Ave Lafayette, LA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 0.92-acre commercial land parcel in Lafayette, LA (70506), APN 6055639, priced at $640,000 ($13.00/sq ft).; 200 feet of road frontage on N University Avenue, offering high visibility and accessibility.; Strategic I-10 E access and proximity to a thriving commercial corridor with established businesses.
(337) 781-9733 Call to check price and availability
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