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Property profile & analytics
OFF-MARKET
Land

503 Veterans Memorial Dr Esther, LA 70510

11.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.12-acre commercial and industrial land parcel presents a remarkable development opportunity in Abbeville, Louisiana. Located at 503 Veterans Memorial Dr, 70510, this prime pad site boasts excellent visibility and accessibility, situated in Abbeville's thriving retail corridor. Enjoy co-location benefits alongside established businesses such as McDonald's and Popeyes. The property offers significant frontage and is ideal for both pad sites and standalone building construction. Its strategic location just east of the Vermillion River ensures high traffic volume and easy access for customers. Abbeville's robust commercial and industrial sector, coupled with its proximity to major roadways like Louisiana Highway 14 and US Highway 167, provides unparalleled connectivity. The city's central location within Cajun Country, 30 miles from Lafayette, 20 miles from New Iberia, and 55 miles from Lake Charles, guarantees a large and diverse potential customer base. Furthermore, Abbeville's position as a gateway to popular tourist destinations like Avery Island (home of Tabasco), Pecan Island, and Grand Chenier, adds to its appeal. The land is priced at $4,843,872, with a land value of $10 per square foot. This is a rare chance to acquire a highly visible and strategically located property in a rapidly growing market.

Property profile
Verified
Property type Land
Lot 11.12 ac (484,387 SF)
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
Current use
Occupant on record · Public records
  • Watermill Express Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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