2605 University Ave Carencro, LA 70520
This exceptional 31.46-acre commercial and industrial land parcel presents a unique investment opportunity in Carencro, Louisiana. Located at 2605 N University Ave, this property boasts a prime location, offering convenient access to a nearby university and established retail areas. The asking price is $865,000, translating to an attractive price per acre of $27,495. The land is designated as both commercial and industrial, providing flexibility for a wide range of development projects. Its expansive size allows for substantial development potential, catering to various needs, from large-scale commercial ventures to smaller-scale businesses. The property's strategic location near a university and shopping centers ensures high visibility and accessibility, making it an attractive site for businesses seeking a strong customer base. The APN is 6160189. This ready-to-develop land in Lafayette County, Louisiana (zip code 70520) presents a compelling opportunity for investors seeking to capitalize on the area's growth and potential. The property's versatility and prime location make it an exceptional investment for those seeking to create a thriving commercial or industrial development. Serious inquiries are encouraged to explore the possibilities of this significant land parcel.
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.
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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.