1500 Ambassador Caffery Pkwy Lafayette, LA 70506
- Retail properties
- 2.87 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1500 Ambassador Caffery Pkwy
- Lot size
- 2.87 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 2.87-acre commercial land parcel, located at 1500 Ambassador Caffery Pkwy in Lafayette, Louisiana, presents a unique investment opportunity. Priced at $490,000, or $170,731 per acre, this property boasts a highly desirable location within a thriving retail corridor, ensuring excellent visibility and accessibility. The property is zoned I1, allowing for a variety of commercial and industrial uses. City water and sewer are readily available on-site, simplifying development plans. The expansive lot size offers significant potential for various projects, from retail establishments to industrial facilities. The property's strategic location along Ambassador Caffery Pkwy guarantees high traffic counts, maximizing exposure for any future development. The APN is 6132141, and the zip code is 70506. This is a rare opportunity to acquire a substantial land parcel in a prime Lafayette location, offering significant potential for substantial return on investment. The property is situated in Lafayette Parish, Louisiana. The asking price translates to approximately $3.92 per square foot.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.0751
- Latitude
- 30.2217