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Property profile & analytics
OFF-MARKET
Land

6700 Blk Johnston St Lafayette, LA 70503

Property ID
Property summary
AI-generated overview

This exceptional 17.21-acre tract presents a compelling investment opportunity in Lafayette, Louisiana. Strategically located at the hard corner of Johnston Street and East Broussard, this property boasts unparalleled visibility and accessibility. With approximately 200 feet of frontage on Johnston Street, it benefits from a high daily traffic count of 27,000 vehicles, ensuring significant exposure for any development. The land is classified as being in Flood Zone X. Its versatile zoning allows for a range of development possibilities, including commercial, residential, or recreational projects. The property's prime location in a rapidly expanding area makes it an ideal choice for investors seeking high-return potential. The asking price for this exceptional land parcel is $1,700,000. This is a rare opportunity to acquire a substantial land holding in a thriving Louisiana market with excellent visibility and development potential. The address is 6700 Blk Johnston Street, Lafayette, LA 70503.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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