Property profile

3000 Blk Louisiana Ave Lafayette, LA 70501

OFF-MARKET
Retail properties & Spaces
2.48 ac lot
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Property summary

AI-generated overview

This exceptional 2.48-acre commercial land parcel is strategically located on Louisiana Avenue in Lafayette, Louisiana, offering unparalleled visibility and accessibility. Its prime location boasts convenient proximity to the I-10 interstate exit, ensuring seamless transportation for both businesses and customers. The property's zoning designation, CH (Commercial Heavy), allows for a wide range of commercial development opportunities. This high-traffic area is anchored by strong national retailers, including Target, Aldi, Chick-fil-A, and McDonald's, further enhancing the property's value and appeal. The site's location near the Stirling Lafayette Shopping Center provides additional advantages. The asking price for this exceptional investment opportunity is $950,000. The property's APN is 6122121. This 2.48-acre lot presents a unique chance to establish a thriving business in a bustling commercial corridor. Its size and zoning provide flexibility for a variety of development projects, making it an attractive proposition for investors and developers alike. The address is 3000 Block Louisiana Avenue, Lafayette, LA 70501.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.48 ac (108,029 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3000 Blk Louisiana Ave Lafayette, LA 70501
Lafayette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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