100 Castille Ave Lafayette, LA 70501
- Retail properties
- 33,044 SF
- 0.50 lot acres
Current Use by Public Records
- USAgencies Insurance / Auto Insurance Agency / Insurance Agency
- Quick Cash / Loan Agency
- Affordable Home Furnishings / Bedroom Furniture Store / Computer Store
- Holdings Affirmative Insurance / Insurance Agency
Property Details for 100 Castille Ave
- Lot size
- 0.50 lot acres
- Property size
- 33,044 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property at 100 Castille Avenue in Lafayette, Louisiana, presents a unique investment opportunity. The single-tenant retail building boasts 33,044 square feet situated on a sizable lot ranging from 0.5 to 3.3 acres, offering significant potential for redevelopment or expansion. The asking price is $650,000, translating to $4.52 per square foot. The property's strategic location in upper Lafayette provides unparalleled accessibility. Less than a mile from the intersection of I-10 and Evangeline Thruway, it sits at the corner of Castille Avenue and Moss Street, benefiting from high visibility and convenient access to the major Evangeline Thruway (Hwy 90) corridor. The property is zoned CH and features a single-story building. The land itself comprises 263,800 square feet, with a land value of $196,970 per acre. This property is classified within the LACDB - D submarket and is currently occupied by a single tenant. The combination of prime location, substantial square footage, and significant land area makes this an attractive proposition for investors seeking a strong return on investment in a thriving Lafayette market. The property's accessibility and visibility make it ideal for a variety of retail uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.0064
- Latitude
- 30.2491
