Technical
Financial
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Property profile

600 Ambassador Caffery Pkwy Lafayette, LA 70506

OFF-MARKET
Land
8.04 ac lot
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Property summary

AI-generated overview

This exceptional 8.04-acre commercial land tract presents a remarkable investment opportunity in Lafayette, Louisiana. Located just three blocks south of I-10, this property boasts excellent visibility from Ambassador Caffery Pkwy, Saul Dr, and Walker Rd, ensuring high traffic exposure for any development. The property is zoned for Industrial Light use, offering flexibility for a variety of commercial ventures. With a total asking price of $2,102,260, the land value equates to $261,475 per acre. The advantageous location within an Opportunity Zone further enhances its investment appeal. The property's prime location and zoning make it ideal for businesses seeking high visibility and convenient access to major transportation routes. The parcel's size and zoning flexibility allow for a wide range of development possibilities, from industrial facilities to hospitality or self-storage ventures. The property's Assessed Parcel Number (APN) is 6066181. This is a rare opportunity to acquire a highly visible and strategically located commercial land tract in a thriving Louisiana market. Don't miss this chance to capitalize on the significant development potential of this exceptional property.

Property profile

Verified
Property type Land
Lot 8.04 ac (350,222 SF)

Cap rate & NOI

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

Location

600 Ambassador Caffery Pkwy Lafayette, LA 70506
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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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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