Spg Farm Rd Lafayette, LA 70508
- Retail properties
- 12,000 SF
- 5.12 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Spg Farm Rd
- Lot size
- 5.12 lot acres
- Property size
- 12,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 12,000 square foot retail property, situated on 5.12 acres in Lafayette, Louisiana (70508), offers a prime location on Spring Farm Road, just off Ambassador Caffery Parkway, boasting over 44,000 vehicles per day. The property is zoned CH and features flexible space options ranging from 1,250 to 12,000 square feet, adaptable to various retail, office, or restaurant uses. Lease rates are $40-60 per square foot, NNN, while purchase prices range from $450-500 per square foot. The site's strategic location benefits from its proximity to major retail developments like Ambassador Town Center (featuring Costco, Chuy's, Dick's Sporting Goods, and more), Our Lady of Lourdes Regional Medical Center, and significant medical and professional office parks. Furthermore, a large private school and a new luxury apartment complex are nearby, ensuring a robust and diverse customer base. Outparcels ranging from 0.5 to 3 acres are also available for purchase, priced at $30-35 per square foot. All pricing is subject to final construction cost determination. This high-visibility location presents a unique opportunity for businesses seeking a thriving commercial environment in Lafayette. The property's size and adaptability make it ideal for a variety of uses, capitalizing on the high traffic volume and strong surrounding demographics.
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
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.0419
- Latitude
- 30.1522
