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    1015 Gloria Switch Rd Carencro, LA 70520

    For Sale
    $260,000

    Agricultural/Commercial Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2-acre property, located at 1015 W Gloria Switch Rd, Carencro, LA 70520 (APN 6121866), presents a compelling investment opportunity. Priced at $260,000 ($130,000/acre), this land boasts approximately 255 feet of frontage on Gloria Switch Road. Its strategic location within Carencro offers significant advantages. The area has experienced consistent growth in both residential and commercial sectors over the past five years, indicating a strong potential for future appreciation. The property's proximity to Carencro High School and Live Oak Elementary, along with nearby residential neighborhoods, makes it highly accessible and attractive for a variety of uses. Its versatility allows for diverse development possibilities, including, but not limited to, an industrial office with ample yard space. This prime parcel offers a unique blend of agricultural and commercial potential, making it an ideal choice for investors seeking a well-positioned land asset in a thriving community. The property's size and location provide flexibility for various development projects, capitalizing on the area's ongoing growth trajectory. Serious inquiries are encouraged to explore the full potential of this exceptional offering.

    Property Features for 1015 Gloria Switch Rd

    General Information

    Property type
    Farms
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre commercial lot in Carencro, LA, priced at $260,000 ($130,000/acre).
    • 255 feet of frontage on Gloria Switch Road.
    • Located near Carencro High School and Live Oak Elementary, in a rapidly growing area.
    • Versatile zoning allows for various uses, including industrial office space.
    • Strong potential for future appreciation due to consistent residential and commercial growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0528619
    Latitude
    30.297309

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    FAQs

    What type of property is this?
    Farm - Agricultural/Commercial Land, Excellent Location
    Where is this farm located?
    The property is located at 1015 Gloria Switch Rd Carencro, LA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 2-acre commercial lot in Carencro, LA, priced at $260,000 ($130,000/acre).; 255 feet of frontage on Gloria Switch Road.; Located near Carencro High School and Live Oak Elementary, in a rapidly growing area.
    Request Owner's contact information
    1015 Gloria Switch Rd Carencro, LA 70520
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    Carencro, LA 70520
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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
    1015 Gloria Switch Rd Carencro, LA 70520
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