3450 Evangeline Thruway Carencro, LA 70520
This exceptional 3.287-acre commercial and industrial land parcel is ideally situated at 3450 NE Evangeline Thruway, Lot 7, in Carencro, Louisiana, zip code 70520. The property boasts a highly desirable location, offering excellent visibility and accessibility with high traffic counts of 68,719 vehicles per day. This newly subdivided tract presents significant development potential, given its proximity to residential areas and convenient access to Interstate highways. The land is priced at $715,908, translating to $5 per square foot. Its prime location at the intersection of Carencro and Lafayette makes it suitable for a wide range of commercial and industrial uses. The property's APN is 6034590. This rapidly growing area offers a unique opportunity for investors seeking high-impact development projects. The site's strategic positioning ensures high visibility and accessibility, making it an attractive investment for businesses seeking a prominent location. This is a rare opportunity to acquire a substantial land parcel in a thriving Louisiana market. The property's size and location make it an ideal candidate for a variety of commercial or industrial developments. Further details and a proposed site plan are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.