Property summary
This exceptional 2.19-acre land parcel presents a unique investment opportunity in Lafayette, Louisiana. Strategically located at the intersection of Interstate 10 and Louisiana Avenue, this property boasts unparalleled visibility and accessibility. The site benefits from the significant recent expansion of Louisiana Avenue, further enhancing its prominence and attracting substantial traffic. This is the last remaining outparcel in a fully stabilized center, making it an ideal location for a variety of commercial developments, particularly a hotel, given the high demand in the area. Lafayette's robust residential and income growth over the past decade has established it as a thriving market, attracting numerous national retailers. The property's location within Lafayette County, Louisiana, and its proximity to Interstate 10, ensures easy access for both local residents and travelers. The 70501 zip code further underscores its position within a dynamic and growing commercial sector. This is a rare chance to secure a premier location in a rapidly expanding market. The property's size and location make it an attractive investment for developers seeking high visibility and strong potential for return. Don't miss this opportunity to capitalize on Lafayette's continued growth.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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