1001 Ambassador Caffery Pkwy, Lafayette, LA 70506
This exceptional 16.3-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located at the highly visible intersection of Ambassador Caffery Parkway and Bertrand Drive, this property boasts a traffic signal, ensuring maximum exposure for any commercial venture. The site benefits from extremely high traffic counts, making it ideal for businesses seeking significant visibility and accessibility. The property is zoned CH Commercial Heavy, allowing for a wide range of development possibilities. Further enhancing its appeal, the land offers convenient access from the rear via Luke Drive, providing multiple points of entry and exit. Its proximity to Interstate 10 provides easy access to regional transportation networks. The asking price is $7,810,308, translating to a land value of $435,600 per acre. The property's APN is 6022574. This prime location, combined with its size and zoning, makes this a compelling opportunity for developers seeking a high-impact commercial development site in a thriving Louisiana market. The substantial lot size and strategic location offer significant potential for a variety of commercial uses, from retail and hospitality to multi-family developments. Don't miss this chance to acquire a truly exceptional commercial property in a high-growth area.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.