Current Use by Public Records
- Land
Property Details for 3038 Chemin Metairie Pkwy
- Lot size
- 1.87 lot acres
- Property type
- Land
Description
This exceptional 1.87-acre commercial land parcel, located at 3038 Chemin Metairie Pkwy in Youngsville, Louisiana (zip code 70592), presents a unique investment opportunity. Currently vacant, the property boasts approved site plans for a self-storage facility, streamlining the development process. The lot dimensions are approximately 190 feet by 430 feet. Situated in Lafayette Parish, this land is strategically positioned within South Lafayette's fastest-growing submarket, experiencing remarkable residential development. The area demonstrates strong population growth projections: a 14.9% increase forecasted within one year and a substantial 24.3% increase projected over three years. With a population density of 12.1 square feet per capita within a two-mile radius, this location offers significant potential for a thriving self-storage business. The asking price for this ready-to-develop property is $615,000. This is an exceptional chance to capitalize on the burgeoning growth and high demand in this dynamic area of Youngsville.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngsville
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -91.9824
- Latitude
- 30.0836
