106 Oak Grv Ln Lafayette, LA 70506
Property summary
This exceptional 0.5-acre lot, identified as Lot 6 at 106 Oak Grove Lane in Lafayette, Louisiana (zip code 70506), presents a prime opportunity for immediate development. Situated within the Foreman Oaks Office Park, at the intersection of Eraste Landry and Foreman Drive, this property offers unparalleled convenience and visibility. Its location near I-10, between Lafayette High School and the intersection of Ambassador Caffery Parkway and Bertrand Drive, ensures high traffic volume and easy accessibility. The lot is perfectly suited for a professional or medical office building, catering to a diverse range of businesses, including financial institutions, insurance companies, legal practices, corporate offices, government agencies, counseling services, and various medical specialists. This is an excellent chance to own rather than lease office space. The Foreman Oaks Office Park encompasses a 9-acre tract with multiple lots available, ranging in size from 0.32 acres to 2.7 acres, allowing for flexibility in development plans. Build-to-suit options are also available, providing further customization opportunities. This property is classified as land, industrial, and manufacturing, and is listed at $138,000.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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