4903 Evangeline Thruway Lafayette, LA 70508
- Land
- 1.17 lot acres
Current Use by Public Records
- Land
Property Details for 4903 Evangeline Thruway
- Lot size
- 1.17 lot acres
- Property type
- Land
Description
This exceptional 1.17-acre commercial land parcel presents a remarkable investment opportunity in Lafayette, Louisiana. Located at 4903 SE Evangeline Thruway, this property boasts a prime location with high visibility and significant daily traffic counts, averaging 49,000 vehicles. The lot features 247 feet of frontage and a depth of 298 feet, offering ample space for development. Its level topography simplifies construction, and the property benefits from readily available municipal water and electric utilities. Zoned for commercial use (Comm), this site is ideally suited for a variety of businesses. The legal description is Part of Tract 1, Section 60, Township 8 South, Range 4 East, and the tax ID/APN is 6066340. Its strategic location offers easy access to major roadways, including Highway 182 and Interstate 49, providing excellent connectivity. The area is predominantly commercial, and the property is situated within three miles of FedEx and Amazon distribution centers, further enhancing its appeal and potential. The asking price is $297,950, representing a price per acre of $254,658. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a thriving area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.05
- Latitude
- 30.3684