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    3450 Evangeline Thurway Carencro, LA 70520

    For Sale
    $567,805

    1.185-acre industrial lot, $567,805

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1.185-acre industrial land parcel, located at 3450 NE Evangeline Thruway, Lot 2, in Carencro, Louisiana (zip code 70520), presents a compelling investment opportunity. Priced at $567,805, this property boasts a land value of $11 per square foot. The lot is part of a larger development, offering high visibility and high traffic counts (68,719 vehicles per day) due to its location near the Gloria Switch Road exit and the intersection of Carencro and Lafayette. Its proximity to residential areas and Interstate access makes it suitable for a variety of commercial and industrial uses. The property's APN is 6034590. This rapidly growing area offers significant development potential, making this a prime location for businesses seeking high visibility and convenient access to major transportation routes. The site is well-suited for various end uses, capitalizing on its strategic location and high traffic volume. This is a newly subdivided tract ready for immediate development.

    Property Features for 3450 Evangeline Thurway

    General Information

    Property type
    Land
    Lot Size
    51,619 SF

    HighLights

    • Newly subdivided 1.185‑acre industrial lot for sale.
    • Approximately 1.185 acres.
    • High development potential in a rapidly growing area.
    • High visibility and high traffic counts (68,719 VPD).
    • Growing area with convenient Interstate access.
    • APN #6034590.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.037116
    Latitude
    30.3392877

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    FAQs

    What type of property is this?
    Land - 1.185-acre industrial lot, $567,805
    Where is this land located?
    The property is located at 3450 Evangeline Thurway Carencro, LA.
    What is the asking price?
    The asking price for this property is $567,805.
    What are key features of this property?
    This property features: Newly subdivided 1.185-acre industrial lot for sale.; Approximately 1.185 acres.; High development potential in a rapidly growing area.
    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
    3450 Evangeline Thurway Carencro, LA 70520
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