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    Property profile & analytics

    107 Business Park Dr Lafayette, LA 70508

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 107 Business Park Dr

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0-unit industrial land parcel, located at 107 Business Park Drive 3 in Lafayette, Louisiana, presents a unique opportunity for commercial development. Priced at $273,600, this property boasts a highly desirable location on Verot School Road within a new office park. The site offers excellent visibility and convenient access, making it ideal for a variety of manufacturing businesses. The land is classified as Manufacturing, Lots & Land, and Other. The property is situated in Lafayette Parish, Louisiana, with a zip code of 70508, and its coordinates are 30.1669325 latitude and -92.0191236 longitude. While the new office park will have certain restrictions, this prime location provides significant advantages for businesses seeking a prominent presence in a thriving area. This is a blank canvas for your next commercial venture, offering the chance to build a facility tailored to your specific needs. The property is categorized as land and is ready for immediate development. Seize this opportunity to establish your business in a strategic and highly visible location. Contact us today to learn more about this exceptional property and begin planning your future in Lafayette.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0191
    Latitude
    30.1669

    Comparable in this City

    • Value Estimation by Request

      103 Business Park Dr

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      103 Business Park Dr, Lafayette, LA 70508
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      2,400 SF

      402 Mecca Dr

      Manufacturing properties • 2,400 SF
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      103 Business Park Dr

      Manufacturing properties
      103 Business Park Dr, Lafayette, LA 70508
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    • Value Estimation by Request
      0.97 Acres

      107 Bolton St

      Land • 0.97 Acres
      107 Bolton St, Lafayette, LA 70508
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      6.69 Acres

      102 Patriot St

      Land • 6.69 Acres
      102 Patriot St, Lafayette, LA 70508
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    • Value Estimation by Request
      1.12 Acres

      208 Spg Farm Rd

      Land • 1.12 Acres
      208 Spg Farm Rd, Lafayette, LA 70508
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    Similar Nearby for Sale

    • $316,650

      Lafayette Industrial Land for Sale

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      Lafayette Industrial Land for Sale

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      Lafayette Corner Lot - Sale/Lease

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    • $795,000

      Lafayette Commercial Land - $795K

      Prime Commercial Lot, 37,477 SF
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    Similar Nearby for Lease

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      Lafayette Warehouse - 7200 sqft

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    107 Business Park Dr
    Lafayette, LA 70508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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