Technical
Financial
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Property profile

0 Interstate 10 & Louisiana Ave Lafayette, LA 70501

OFF-MARKET
Land
2.19 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 2.19 ac (95,396 SF)

Cap rate & NOI

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

Location

Interstate 10 & Louisiana Ave Lafayette, LA 70501
Lafayette metro
Google Maps

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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