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    Settlers Trace Blvd Lafayette, LA 70508

    Sponsored
    For Lease
    $30 SF/Yr

    Lafayette, LA retail & office suites

    Lot size:
    24,093 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional new construction commercial property in Lafayette, Louisiana, offers 24,093 square feet of leasable space across two single-story buildings. Located on Settlers Trace Boulevard, this prime location boasts high visibility and convenient access. The property is zoned CH and features a minimum divisible space of 1,200 square feet, with larger spaces available up to 16,157 square feet, making it ideal for a variety of retail, restaurant, or office uses. Currently, the entire 24,093 square feet is vacant and ready for immediate occupancy. The buildings were completed in 2024. This development benefits from its proximity to major retail anchors such as Whole Foods and Target, as well as the River Ranch area. Furthermore, its strategic location offers easy access to key thoroughfares like Ambassador Caffery Parkway and Kaliste Saloom Road, while also providing convenient access to Lake Farm Road, connecting to significant destinations including Our Lady of Lourdes Regional Medical Center, Top Golf, Dave & Buster's, and Costco, without the congestion of the main arteries. The property is situated directly in front of a new 348-unit apartment complex, ensuring a substantial and growing customer base. The APN is 6158865. This presents a unique opportunity to establish a presence in a thriving, high-demand commercial corridor.

    Property Features for 0 Settlers Trace Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,093 SF
    Total Rate
    60232.5

    Building Details

    Year Built
    2024
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Building B
    Size
    7,936 SF
    Rate per SF
    $35
    Space
    Building A
    Size
    16,157 SF
    Rate per SF
    $35

    HighLights

    • 24,093 SF of new construction commercial space in Lafayette, LA.
    • Two single‑story buildings on Settlers Trace Blvd. offering high visibility and convenient access.
    • Zoned CH, with divisible spaces from 1,200 SF to 16,157 SF, suitable for retail, restaurant, or office.
    • 100% vacant and ready for immediate occupancy; completed in 2024.
    • Prime location near Whole Foods, Target, and River Ranch, with easy access to major thoroughfares and amenities.
    • Situated across from a new 348‑unit apartment complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0452811
    Latitude
    30.1648774

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    FAQs

    What type of property is this?
    Retail property - Lafayette, LA retail & office suites
    Where is this retail property located?
    The property is located at Settlers Trace Blvd Lafayette, LA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 24,093 SF of new construction commercial space in Lafayette, LA.; Two single-story buildings on Settlers Trace Blvd. offering high visibility and convenient access.; Zoned CH, with divisible spaces from 1,200 SF to 16,157 SF, suitable for retail, restaurant, or office.
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    Settlers Trace Blvd Lafayette, LA 70508
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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
    Settlers Trace Blvd Lafayette, LA 70508
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