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344 Ridge Rd Lafayette, LA 70506

OFF-MARKET Land Google Maps
11.83 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 11.83 ac (515,315 SF)

Cap rate & NOI

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

Value estimations

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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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