3450 Evangeline Thurway Carencro, LA 70520
This exceptional 1.177-acre industrial land parcel, located at 3450 NE Evangeline Thruway, Lot 6, Carencro, LA 70520 (APN 6034590), presents a compelling investment opportunity. Priced at $538,336 ($10.50/sq ft), this property boasts high visibility and accessibility, situated along a frontage road where Carencro and Lafayette meet, just north of the Gloria Switch Rd exit. The area is experiencing significant residential and commercial growth, making this site ideal for a variety of end uses. High traffic counts (68,719 vehicles per day) ensure maximum exposure. The property's strategic location offers proximity to residential neighborhoods and convenient interstate access. This is a newly subdivided tract within a larger development, offering significant potential for future development. The land is classified as industrial and is part of Lafayette County. The property's size makes it suitable for various commercial or industrial projects. This is a rare opportunity to acquire a well-positioned industrial lot in a thriving Louisiana market.
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
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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.