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Property profile & analytics
OFF-MARKET
Land

0 Brown Fortier Dr Lafayette, LA 70503

8.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.76-acre land parcel presents a remarkable investment opportunity in Lafayette, Louisiana. Located on Brown Fortier Drive, zip code 70503, in Lafayette County, this property boasts a desirable CH zoning designation, allowing for versatile development options. The asking price is $1,907,928, translating to a land value of $5 per square foot. Its strategic location places it near a recently developed, high-quality grocery store, capitalizing on the growth of both residential and commercial sectors in South Lafayette. The expansive lot size offers significant potential for a variety of projects, catering to the increasing demand for both residential and commercial spaces in this thriving area. Detailed site analysis reveals a prime position within submarket K, further enhancing its appeal to discerning investors and developers. The property's proximity to key amenities and its substantial acreage make it an ideal canvas for a lucrative development venture. This is a rare opportunity to acquire a large, well-situated parcel in a rapidly expanding market. The listed price per acre is $217,800. Coordinates are 30.1716722 latitude and -92.0616178 longitude.

Property profile
Verified
Property type Land
Lot 8.76 ac (381,586 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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