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Property profile & analytics
OFF-MARKET
Land

0 Lafayette St Maurice, LA 70555

1.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.29-acre commercial lot sits at the highly visible corner of Hwy 167 and West Lafayette Street in Maurice, Louisiana, a rapidly growing area just south of Lafayette. Boasting excellent access and visibility to approximately 17,915 vehicles per day, this property presents a unique investment opportunity. Maurice has seen significant expansion in the last five years, with continued growth projected. This is evidenced by numerous new residential subdivisions and the current construction of a grocery-anchored development featuring a 30,000 square foot grocery store and additional retail space. The low retail vacancy rate in Maurice further underscores the strong market demand. The property's location on Maurice Avenue (US Hwy 167), a direct extension of Lafayette's Johnston Street, ensures easy access and high traffic flow. This prime corner lot is ideally suited for a variety of commercial ventures, capitalizing on Maurice's burgeoning growth and strategic location. The asking price is $1,200,000. The property's zip code is 70555, and it's situated in Vermilion Parish.

Property profile
Verified
Property type Land
Lot 1.29 ac (56,192 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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