Technical
Financial
Distress signals
Property profile

200 Verot School Rd Lafayette, LA 70508

OFF-MARKET
Land
0.84 ac lot
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Property summary

AI-generated overview

This exceptional 0.84-acre commercial land parcel is strategically located on Verot School Road in Lafayette, Louisiana, zip code 70508. Zoned CM, this property presents a unique opportunity for developers seeking a high-visibility location within a thriving commercial corridor. The site benefits from convenient access to three signalized intersections: Verot School Road, Kaliste Saloom Road, and Pinhook Road, ensuring excellent visibility and accessibility. Surrounded by established professional and medical practices, as well as high-traffic retail projects, office buildings, and medical facilities, this location offers significant potential for a variety of commercial ventures. The property is part of a larger 8.66-acre site, offering flexibility for buyers seeking different acreage options. The area boasts a strong demographic profile, with a total population of 166,610 within a 5-mile radius and an average household income of $78,076.93 within 3 miles. Verot School Road experiences a daily traffic volume of 6,261 vehicles. The asking price for this 0.84-acre lot is $439,084.80. This represents a compelling investment opportunity in a rapidly growing area of Lafayette. The property's prime location and strong surrounding infrastructure make it an attractive prospect for businesses seeking high visibility and convenient access to a substantial customer base.

Property profile

Verified
Property type Land
Lot 0.84 ac (36,590 SF)

Cap rate & NOI

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

Location

200 Verot School Rd Lafayette, LA 70508
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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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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