1500 Ambassador Caffery Pkwy Lafayette, LA 70506
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.