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Property profile & analytics
OFF-MARKET
Land

3450 Evangeline Trwy Lafayette, LA 70507

1.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.06-acre industrial land parcel, located at 3450 NE Evangeline Trwy, Lot 1, in Lafayette, Louisiana (zip code 70507), presents a compelling investment opportunity. Priced at $579,348, this property boasts a land value of $12.50 per square foot. The lot is part of a larger, newly subdivided development, offering significant potential for various commercial or industrial uses. Its strategic location along the frontage road, near the Gloria Switch Rd exit, provides high visibility and accessibility. The area experiences substantial traffic volume, averaging 68,719 vehicles per day, and is experiencing robust residential and commercial growth. The property's proximity to residential neighborhoods and Interstate access further enhances its appeal. The APN is 6034590. This site is well-suited for a multitude of end uses due to its advantageous location and high traffic counts. While the original development plan included larger tracts, this 1.06-acre lot is now available for immediate development.

Property profile
Verified
Property type Land
Lot 1.06 ac (46,174 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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