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    111 Renaud Dr Lafayette, LA 70507

    • Commercial real estate
    • 2.75 lot acres
    For Sale
    View listing
    $838,530
    Value Estimation
    Location Intelligence
    Property ID
    US36-1085764
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 111 Renaud Dr

    Lot size
    2.75 lot acres
    Property type
    Commercial real estate
    APN
    6055640

    Description

    This exceptional 2.75-acre commercial land parcel presents a remarkable investment opportunity in Lafayette, Louisiana. Located at 111 Renaud Dr, 70507, this property boasts significant road frontage, offering excellent visibility and accessibility. With 229 feet of frontage on Renaud Drive and additional access available via Abraham Drive, this site is ideally positioned for a variety of commercial ventures. The property's APN is 6055640. The asking price is $596,772, translating to a land value of $217,800 per acre. This equates to a price of $5.00 per square foot, representing a competitive price point in the current market. The property's size and strategic location make it suitable for a wide range of development projects, offering substantial potential for future growth and return on investment. This is a rare opportunity to acquire a sizable, well-situated commercial land parcel in a thriving Lafayette location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is zoned for commercial use (verification of zoning with local authorities is recommended).

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.039152
    Latitude
    30.253987

    Comparable in this City

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      Lafayette Land with Development Potential

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      Lafayette Land For Sale/Lease

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    Similar Nearby for Sale

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    • $2,000,000
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    Similar Nearby for Lease

    • $10 SF/Yr
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      New industrial park offering Class A distribution space for lease.
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      10,475 SF warehouse space ideal for mechanic shop.
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      Lafayette Retail or Office Space

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    • $2,000 /Mo
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      Commercial building with office and warehouse space for lease.
      201 Marcon Dr, Lafayette, LA 70507
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    • $9 SF/Yr
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      Evangeline Plaza Shopping Center

      Lafayette retail center, multiple spaces available.
      3803 Moss St, Lafayette, LA 70507
      View Details
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    111 Renaud Dr
    Lafayette, LA 70507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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