3450 Evangeline Thurway Carencro, LA 70520
This 1.185-acre industrial land parcel, located at 3450 NE Evangeline Thruway, Lot 2, in Carencro, Louisiana (zip code 70520), presents a compelling investment opportunity. Priced at $567,805, this property boasts a land value of $11 per square foot. The lot is part of a larger development, offering high visibility and high traffic counts (68,719 vehicles per day) due to its location near the Gloria Switch Road exit and the intersection of Carencro and Lafayette. Its proximity to residential areas and Interstate access makes it suitable for a variety of commercial and industrial uses. The property's APN is 6034590. This rapidly growing area offers significant development potential, making this a prime location for businesses seeking high visibility and convenient access to major transportation routes. The site is well-suited for various end uses, capitalizing on its strategic location and high traffic volume. This is a newly subdivided tract ready for immediate development.
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.