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Property profile & analytics
OFF-MARKET
Land

3450 Evangeline Thurway Carencro, LA 70520

1.18 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.18 ac (51,270 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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