800 Teurlings Dr Lafayette, LA 70501
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.