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Property profile & analytics
OFF-MARKET
Land

0 University Ave Lafayette, LA 70501

2.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.73-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located on N University Avenue, this property boasts a highly desirable I-1 zoning designation, opening doors to a wide range of commercial development possibilities. The strategic location offers excellent visibility and accessibility, with frontage on Willow Street and convenient access from both Willow and University Avenue. This ensures high traffic exposure, maximizing potential for any commercial venture. The substantial lot size provides ample space for a variety of projects, from retail establishments and restaurants to office buildings or other commercial developments. The property's address is N University Avenue, Lafayette, LA 70501, situated within Lafayette Parish. Its precise coordinates are 30.2430164 latitude and -92.0324509 longitude. The asking price for this prime commercial land is $425,730. This represents a compelling investment opportunity given the property's size, location, and zoning potential within a thriving Louisiana market. Don't miss the chance to secure this exceptional piece of commercial real estate in a high-traffic area with excellent access and visibility. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 2.73 ac (118,919 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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