Evangeline Trwy Lafayette, LA 70507
- Land
- 1.20 lot acres
Current Use by Public Records
- Land
Property Details for 0 Evangeline Trwy
- Lot size
- 1.20 lot acres
- Property type
- Land
Description
This exceptional 1.2-acre commercial land parcel presents a prime opportunity for a restaurant or quick-service establishment. Located in Lafayette, Louisiana, at the I-49 exit 2, this property boasts ±1.197 acres of land with excellent visibility and accessibility from both E Gloria Switch and Hector Connoly Roads. The site is situated adjacent to a pre-owned dealership on the frontage road, just north of Gloria Switch Road, ensuring high traffic exposure. Daily traffic counts on I-49 exceed 50,000 vehicles, with an additional 10,973 vehicles on Gloria Switch Road, guaranteeing a substantial customer base. The asking price is $836,352, translating to $16 per square foot. This cash sale opportunity is ideal for investors seeking a high-return location in a thriving market. The property's APN is 6051492, and its legal description includes Section 1, T9S, R4E, and Sections 103 & 132, T8S, R4E. The property is zoned for hospitality, office, retail, retail-pad, and other commercial uses. This is a rare chance to secure a highly visible and accessible location in a rapidly growing area. Don't miss this chance to establish your business in a prime location with exceptional traffic flow.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.0239
- Latitude
- 30.2972
