921 Ambassador Caffery Pkwy Lafayette, LA 70506
- Retail properties
- 5.98 lot acres
Current Use by Public Records
- Retail properties
Property Details for 921 Ambassador Caffery Pkwy
- Lot size
- 5.98 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.0636
- Latitude
- 30.2285
