0 Interstate 10 & Louisiana Ave Lafayette, LA 70501
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.