Technical
Financial
Distress signals
Property profile

6800 Blk Johnston St Lafayette, LA 70503

OFF-MARKET
Land
53 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 53-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located on Johnston Street, near its intersection with East Broussard, this expansive tract boasts over 750 feet of prime road frontage, experiencing high traffic volume exceeding 39,000 vehicles daily. The property's level topography and location outside of any designated flood zone significantly enhance its development potential. The zoning is classified as "A," offering flexibility for a variety of commercial uses. The substantial size of this property makes it the largest remaining developable tract on Johnston Street before reaching Vermilion Parish. Its strategic location allows for diverse development options, with the front portion ideally suited for commercial ventures, capitalizing on the high traffic count, while the rear portion offers potential for residential development. The asking price is $4,400,000, translating to $83,019 per acre. Parcel numbers are 6018765 & 6054716. This is a rare opportunity to acquire a significant land holding in a rapidly growing area. Don't miss this chance to secure a prime piece of Lafayette real estate.

Property profile

Verified
Property type Land
Lot 53 ac (2,308,680 SF)

Cap rate & NOI

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

Location

6800 Blk Johnston St Lafayette, LA 70503
Lafayette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6800 Blk Johnston St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message