Property profile

921 Ambassador Caffery Pkwy Lafayette, LA 70506

OFF-MARKET
Retail properties & Spaces
5.98 ac lot
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Property summary

AI-generated overview

This exceptional 5.98-acre commercial land parcel presents a remarkable investment opportunity in Lafayette, Louisiana. Located at 921 Ambassador Caffery Pkwy, this highly visible property sits at the intersection of Ambassador Caffery Parkway and Bertrand Drive, just south of Cameron Street, offering unparalleled exposure to high traffic volumes. The property boasts Commercial Heavy zoning, permitting a wide range of commercial uses, making it ideal for various development projects. A servitude agreement with the adjacent property (Stripes/Sunoco) ensures convenient access to both Ambassador Caffery Parkway and Cameron Street, enhancing its accessibility and appeal. The land is relatively level, simplifying development plans. The parcel's size, prime location, and flexible zoning make it an attractive prospect for businesses seeking high visibility and convenient access. The property's APN is 6157794, and its legal description is Section 28 T9s R4e Lafayette Parish. The asking price is $2,591,820, translating to $433,414 per acre. This represents a significant opportunity to acquire a substantial commercial land holding in a thriving Louisiana market. The property is subject to survey.

Property profile

Verified
Property type Retail properties & Spaces
Lot 5.98 ac (260,489 SF)

Cap rate & NOI

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

Location

921 Ambassador Caffery Pkwy Lafayette, LA 70506
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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