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200 Oak Grv Ln Lafayette, LA 70506

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional half-acre lot, designated as Lot 7 at 200 Oak Grove Lane in Lafayette, Louisiana (zip code 70506), presents a prime development opportunity. Situated within the Foreman Oaks Office Park, this property boasts a highly convenient location near the intersection of Eraste Landry and Foreman Drive, offering easy access to I-10. Its proximity to Lafayette High School on Congress Street and the Ambassador Caffery Parkway/Bertrand Drive intersection further enhances its appeal. The lot is perfectly suited for the construction of professional or medical office space, or alternatively, a multi-family residential development. This is a rare opportunity to acquire a well-located parcel in a thriving area. The entire 9-acre tract offers multiple lots ranging in size from 0.32 acres to 2.7 acres, with the possibility of combining lots to meet specific development needs. A build-to-suit option is also available, providing flexibility for customized construction projects. The asking price for this half-acre lot is $140,000. Interested parties are encouraged to conduct a site visit to fully appreciate the potential of this exceptional property.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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