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    800 Teurlings Dr Lafayette, LA 70501

    Sponsored
    For Sale
    $128,641

    Prime Lafayette commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.28-acre commercial property, located at 800 Teurlings Drive in Lafayette, Louisiana, presents a unique investment opportunity. Zoned for Commercial Mixed use, this versatile parcel offers significant potential for a variety of commercial developments. The property boasts a highly visible corner location, providing excellent exposure to traffic on Teurlings Drive, Lajaunie Road, and nearby railroad tracks. Its proximity to several schools and residential neighborhoods ensures a strong customer base. The lot size is approximately 1.28 acres, with an APN of 6160624. The asking price is $128,641, translating to approximately $100,500 per acre. Given its strategic location and flexible zoning, this land is particularly well-suited for a small shopping center or other commercial ventures. The property's address is 800 Teurlings Drive, Lafayette, LA 70501, situated in Lafayette County. This is a rare opportunity to acquire a highly desirable commercial parcel in a thriving Lafayette community. The property's location offers convenient access to local amenities and a strong residential population. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area.

    Property Features for 800 Teurlings Dr

    General Information

    Property type
    Individual retail properties
    Lot Size
    55,757 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9885533
    Latitude
    30.2472575

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    FAQs

    What type of property is this?
    Individual retail property - Prime Lafayette commercial land, ideal for development.
    Where is this individual retail property located?
    The property is located at 800 Teurlings Dr Lafayette, LA.
    What is the asking price?
    The asking price for this property is $128,641.
    Request Owner's contact information
    800 Teurlings Dr 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
    800 Teurlings Dr Lafayette, LA 70501
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