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    7700 Johnston St Maurice, LA 70555

    For Sale
    $245,000

    5.75 Acres, Hwy 167 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.75-acre commercial land parcel is strategically located at the corner of Highway 167 and Leblanc Road, just north of Maurice, Louisiana. The property boasts excellent visibility from Highway 167, making it ideal for a variety of commercial uses. The lot size is 5.75 acres, with the APN listed as 6069972 and zoned for Parish use. This offering presents a unique opportunity, as it can be combined with the adjacent 5.75-acre tract (Tract 1B, sold separately at the same price) to create a substantial 11.5-acre development site. The property's proximity to Maurice (approximately one mile north) and Lafayette (approximately five miles south) provides convenient access to a significant population base and established infrastructure. The asking price for this prime commercial land, Tract 1A, is $245,000. This is a rare opportunity to acquire a highly visible and versatile commercial property in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for 7700 Johnston St

    General Information

    Property type
    Land
    Lot Size
    250,470 SF

    HighLights

    • ±5.75‑acre commercial land parcel.
    • Up to ±11.5 acres available (combining with adjacent Tract 1B, sold separately).
    • Located 1 mile north of Maurice and 5 miles south of Lafayette, LA.
    • High visibility from Highway 167.
    • Tract 1A: ±5.75 acres, $245,000.
    • Tract 1B: ±5.75 acres, $245,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Skin Care Clinic Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Maurice
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.1171146
    Latitude
    30.1247304

    Nearby Comparable

    • $869,000
      24.63 Acres

      Johnston Street Land - 24 Acres

      Prime Agricultural & Residential Land
      7626 Johnston St, Maurice, LA 70555
      View Details
    • $150,000
      1.88 Acres

      Land For Sale - Maurice

      1.88 acre commercial land suitable for warehouse or office.
      120 Amhurst Rd, Maurice, LA 70555
      View Details
    • $100,000
      1.05 Acres

      Land For Sale, Maurice, LA

      Land available near Vermilion Parish border, suitable for warehouse/office.
      122 Amhurst Rd, Maurice, LA 70555
      View Details
    • $375,000

      Commercial Land on Johnston Street

      1.945 acre commercial land for sale in Maurice, LA.
      7510 Johnston St, Maurice, LA 70555
      View Details

    FAQs

    What type of property is this?
    Land - 5.75 Acres, Hwy 167 Visibility
    Where is this land located?
    The property is located at 7700 Johnston St Maurice, LA.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: ±5.75-acre commercial land parcel.; Up to ±11.5 acres available (combining with adjacent Tract 1B, sold separately).; Located 1 mile north of Maurice and 5 miles south of Lafayette, LA.
    (337) 279-0371
    Request Owner's contact information
    7700 Johnston St Maurice, LA 70555
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    Maurice, LA 70555
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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
    7700 Johnston St Maurice, LA 70555
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