1001 Ambassador Caffery Pkwy Lafayette, LA 70506
- Retail properties
- 16.30 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1001 Ambassador Caffery Pkwy
- Lot size
- 16.30 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
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
- -92.064
- Latitude
- 30.2277
