3605 Kaliste Saloom Rd Lafayette, LA 70508
This exceptional 1.12-acre commercial land parcel, located at 3605 Kaliste Saloom Rd in Lafayette, Louisiana (zip code 70508), presents a unique investment opportunity. Boasting 48,787 square feet, this property offers excellent visibility and high traffic counts, averaging approximately 23,000 vehicles daily. Its prime location is adjacent to the Grand Pointe Subdivision, apartments, and retail establishments, ensuring significant exposure for any commercial venture. The asking price is $135,000, translating to $2.77 per square foot and $178,571 per acre. The property's location is between E. Broussard and Ambassador Caffery Blvd in Lafayette Parish, LA. The property is situated within a municipal water and sewer service area. Please note that the property is located in a flood plain and that property boundary lines shown in available photos are approximate. The tax parcel number (APN) is 6153080. This is a remarkable opportunity to acquire a highly visible commercial lot in a thriving Lafayette location.
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
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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.