500 Ridge Rd Lafayette, LA 70506
- Land
- 11.34 lot acres
Current Use by Public Records
- Land
Property Details for 500 Ridge Rd
- Lot size
- 11.34 lot acres
- Property type
- Land
Description
This exceptional 11.34-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located at 500 Ridge Road, this property boasts a prime location within the rapidly developing Ridge Road and Rue Du Belier corridor, offering excellent visibility and accessibility. The land is zoned for commercial use, providing flexibility for a wide range of development projects. The asking price is $2,500,000, translating to $220,458 per acre. This significant acreage presents potential for subdivision, with the possibility of creating parcels of 1.23 acres and 10.11 acres. The property's APN is 6023178. Its strategic location offers convenient access to Johnston Street, a major thoroughfare in Lafayette. This property is ideal for developers seeking a substantial land holding in a high-growth area, providing ample space for various commercial ventures. The location offers significant potential for future appreciation, making this a compelling investment opportunity in a thriving Louisiana market. Serious inquiries are encouraged to explore the possibilities of this expansive commercial land parcel. The property is situated in Lafayette Parish, Louisiana, with a zip code of 70506. Latitude and longitude coordinates are 30.1815922 and -92.0923653 respectively.
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 Parish
- State
- Louisiana
- Longitude
- -92.0924
- Latitude
- 30.1816
