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    Property profile & analytics

    2001 University Ave Lafayette, LA 70507

    • Land
    • 1.00 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2001 University Ave

    Lot size
    1.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1 to 21.07-acre parcel, located at 2001 N University Ave, Lafayette, LA 70507 (APN 6018296), presents a remarkable investment opportunity. Situated in Lafayette Parish, this unzoned land boasts excellent visibility at the corner of North University and Renaud Avenues, offering easy access to I-10 and I-49. The property is part of the planned Hero's Point development (Legal Description: SEC 14 T9S R4E) and is suitable for various commercial and industrial uses, including retail pad sites. The seller is willing to subdivide the land to accommodate specific development needs and will consider build-to-suit options for credit-worthy tenants. Directions: Take University north towards Carencro, LA. A TA Truck Stop will be on your left. Turn left on Renaud. Hero's Point is at the corner. This prime acreage offers significant potential for investors seeking a strategic location within the Lafayette MSA.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0408
    Latitude
    30.2587

    Comparable in this City

    • Value Estimation by Request
      1.18 Acres

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      39.73 Acres

      3200 Moss St

      Land • 39.73 Acres
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    • Value Estimation by Request
      16.31 Acres

      I-49

      Land • 16.31 Acres
      0 I-49, Lafayette, LA 70507
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    • Value Estimation by Request
      1.06 Acres

      3450 Evangeline Thruway

      Land • 46,348 SF
      3450 Evangeline Thruway, Lafayette, LA 70507
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    • Value Estimation by Request
      5.01 Acres

      3300 Evangeline Trwy

      Land • 5.01 Acres
      3300 Evangeline Trwy, Lafayette, LA 70507
      View Details
    • Value Estimation by Request
      1.06 Acres

      3450 Evangeline Trwy

      Land • 1.06 Acres
      3450 Evangeline Trwy, Lafayette, LA 70507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Hero's Point: Prime Lafayette Land

      Subdividable commercial/industrial land. Excellent development opportunity.
      2001 University Ave, Lafayette, LA 70507
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    • $985,000
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      Prime Lafayette Commercial Land

      10+ acres, I-49 interchange, high growth area.
      3300 Evangeline Trwy, Lafayette, LA 70507
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    • $1,400,000
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      Lafayette Industrial Land - $1.4M

      Prime 39.73-acre development site. I-10 access.
      3200 Moss St, Lafayette, LA 70507
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    • $579,348
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      Southpoint Commercial Lot 1

      Lafayette, LA Industrial Land: $579,348
      3450 Evangeline Thruway, Lafayette, LA 70507
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    • $579,348
      1.06 Acres

      Lafayette Industrial Land - $579K

      1.06-acre industrial lot, prime Lafayette location.
      3450 Evangeline Trwy, Lafayette, LA 70507
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    • $600,000
      6.00 Acres

      Lafayette Mixed-Use Development

      6-Acre prime commercial land, high traffic.
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    Similar Nearby for Lease

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      Lafayette Commercial Building For Rent

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      Lafayette Office and Warehouse Space

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    • $10 SF/Yr
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      New Lafayette Industrial Park Space

      New industrial park offering Class A distribution space for lease.
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    2001 University Ave
    Lafayette, LA 70507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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