Technical
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Property profile

200 Verot School Rd Lafayette, LA 70508

OFF-MARKET
Land
3 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique opportunity in Lafayette, Louisiana. Located on Verot School Road, this 3 to 4.99-acre parcel is zoned CM, providing flexibility for a variety of commercial uses. The property benefits from a highly desirable location within the thriving Feu Follet commercial corridor, surrounded by established professional and medical practices. Enjoy convenient access to three signalized intersections at Verot School Road, Kaliste Saloom Road, and Pinhook Road, ensuring high visibility and accessibility. The site is also proximate to numerous high-traffic retail centers, office buildings, medical clinics, and hospitals, creating a robust and dynamic business environment. With a total population of 166,610 within a 5-mile radius and an average household income of $78,076.93 within 3 miles, this location boasts strong demographics. The property is part of a larger 8.66-acre site, offering the potential for shared drives and planned infrastructure, contributing to efficient master-planned development. Verot School Road experiences a daily traffic count of 6,261 vehicles. The price for this specific acreage is $8 per square foot. This presents a compelling investment opportunity in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

200 Verot School Rd Lafayette, LA 70508
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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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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