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    OFF-MARKET
    Retail properties & Spaces

    921 Ambassador Caffery Pkwy, Lafayette, LA 70506

    5.98 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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