500 Ridge Rd Lafayette, LA 70506
- Land
- 1.23 lot acres
Current Use by Public Records
- Land
Property Details for 500 Ridge Rd
- Lot size
- 1.23 lot acres
- Property type
- Land
Description
This exceptional 1.23-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located at 500 Ridge Rd, 70506, this property boasts a prime location within the burgeoning Ridge Rd and Rue Du Belier corridor, offering excellent visibility and accessibility. Zoned for commercial use, this land is priced at $2,500,000, translating to a land value of $12 per square foot. The property's strategic position provides easy access to Johnston Street, a major thoroughfare in Lafayette. While this 1.23-acre lot is being offered as a whole, the marketing materials indicate the possibility of parceling out additional acreage (10.11 acres are also available, though not included in this listing). This makes it suitable for a variety of commercial developments, catering to businesses seeking a high-traffic location in a rapidly developing area of Lafayette Parish. The property's address is precisely 500 Ridge Rd, Lafayette, LA 70506, with GPS coordinates of 30.1815922 latitude and -92.0923653 longitude. This presents a compelling opportunity for investors and developers seeking a foothold in a thriving Louisiana market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.0924
- Latitude
- 30.1816
