4246 Evangeline Thruway Carencro, LA 70520
This exceptional 1.32-acre commercial land parcel presents a unique investment opportunity in the thriving Carencro, Louisiana market. Located at 4246 NE Evangeline Thruway, this unzoned property boasts a highly visible corner lot position on the I-49 Service Road, offering unparalleled accessibility and exposure. Its strategic location places it just a quarter-mile north of Don's Specialty Meats and only one mile north of the I-49 interchange at Hector Connoly Road, an area anchored by major retailers such as Super 1 Foods and Walmart. The property benefits from its proximity to significant recent development along this stretch of I-49 Service Road, including Southeastern Freight, Kenworth of Louisiana, and Don's Specialty Meats, indicating a strong and growing commercial corridor. The asking price for this exceptional land is $425,000. The property's size and location make it ideal for a variety of commercial or industrial uses, presenting a compelling opportunity for businesses seeking high visibility and convenient access to major transportation routes. The 70520 zip code further underscores the property's location within a dynamic and expanding commercial area of Lafayette Parish. This is a rare chance to acquire a substantial land parcel in a prime location with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.