0 University Ave Lafayette, LA 70501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.