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203 Oak Grv Ln Lafayette, LA 70506

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional .36-acre lot, identified as Lot 13 at Foreman Oaks Office Park in Lafayette, Louisiana, presents a unique opportunity for immediate development. Situated at the corner of Eraste Landry and Foreman Drive, this property boasts an ideal location for a variety of professional and medical office uses. Potential industries include financial services, insurance, legal practices, corporate offices, government agencies, counseling centers, and various medical specialties (chiropractic, orthodontic, vision care, general practitioners, and specialists). The strategic location offers convenient access to I-10, placing it between Lafayette High School on Congress Street and the intersection of Ambassador Caffery Parkway and Bertrand Drive. This is a compelling alternative to leasing, allowing businesses to own their office space. The Foreman Oaks Office Park offers multiple lots ranging in size from .32 acres to 4 acres, providing flexibility for various development needs. A build-to-suit option is also available, catering to specific project requirements. The asking price for this exceptional .36-acre lot is $100,000. The property's address is 203 Oak Grove Lane, Lot 13, Lafayette, LA 70506. This is a truly remarkable opportunity to establish a presence in a thriving Lafayette location.

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

Value estimations

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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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