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Property profile & analytics
OFF-MARKET
Land

800 Teurlings Dr Lafayette, LA 70501

7.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.425-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Strategically located at the corner of Teurlings Drive and Lajaunie Drive, this property enjoys high visibility and accessibility. Its prime position directly across from the David Thibodeaux STEM Academy ensures consistent traffic and a strong potential customer base. The land sits at the front of the burgeoning Cedar Creek Subdivision, a newly developed community with a planned total of 305 lots upon completion, guaranteeing future growth and increased property value. Currently zoned residential (Res), the sellers are willing to assist with the rezoning process to accommodate light commercial development, making this an ideal site for a strip center or similar commercial venture. All public utilities are readily available, simplifying the development process and minimizing upfront costs. This exceptional location, combined with the potential for significant future growth, makes this a truly compelling investment opportunity. Don't miss the chance to secure this prime commercial land parcel in a thriving Lafayette community.

Property profile
Verified
Property type Land
Lot 7.43 ac (323,433 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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