0 Brown Fortier Dr Lafayette, LA 70503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.