700 Savoy Rd Youngsville, LA 70592
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 700 Savoy Rd
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
Three exceptional commercial and residential land parcels are available for sale in Youngsville, Louisiana, situated within the thriving Chemin Metairie Pkwy retail corridor. These sites offer a unique opportunity for developers seeking high-growth potential. The first parcel, located on the 700 block of Savoy Road, encompasses 8.67 acres and is priced at $8 per square foot. This tract can be subdivided to accommodate various development plans. The second parcel, spanning 13.3554 acres on the 1900 block of Chemin Metairie Pkwy, is also subdividable and offers varying pricing based on location and lot size, ranging from $12 to $22 per square foot. The final parcel, a 6.965-acre site on the 700 block of Iberia Street, is priced at $8 per square foot for the entire tract, with smaller parcels (3.5 acres or less) available at $10 per square foot and corner lots (minimum 1-2 acres) priced at $15-16 per square foot. All three sites benefit from their proximity to the Youngsville Sports Complex, a major recreational facility attracting approximately 850,000 visitors annually, and is undergoing a significant expansion. The area also boasts convenient access to Rouses Supermarket and Sugar Mill Pond, a 509-acre planned development. Furthermore, the properties are within a 1.5-mile radius of eight schools with a combined enrollment of approximately 7,500 students, with an anticipated increase of 1,000 students upon the completion of a new high school building. This prime location offers exceptional visibility and accessibility, making it an attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngsville
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.0089
- Latitude
- 30.0948
