Property summary
This exceptional 11.83-acre commercial and industrial development lot is strategically located in the heart of Lafayette's thriving retail sector at 344 Ridge Rd, Lafayette, LA 70506. Boasting approximately 702.5 feet of frontage along South Domingue Avenue, this property offers unparalleled visibility and accessibility. Its prime location, just off Ambassador Caffery Parkway and within approximately 3 minutes of the high-traffic intersection of Johnston Street and Ambassador Caffery Parkway (approximately 56,855 daily vehicles), ensures maximum exposure to a large customer base. The surrounding area is anchored by major shopping centers and big-box retailers, including Walmart, Sam's Club, and Home Depot, creating a vibrant and densely populated commercial environment. The presence of popular restaurants such as Chick-fil-A and Starbucks further enhances the property's desirability and commercial appeal. This development opportunity presents a unique chance to capitalize on Lafayette's robust retail market. The property's Assessed Parcel Number (APN) is 6045801. The asking price for this exceptional property is $500,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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