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Property profile & analytics
OFF-MARKET
Land

3450 Evangeline Thurway Carencro, LA 70520

1.19 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.19 ac (51,619 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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