627 Lafayette St Lafayette, LA 70501
- Commercial real estate
- 0.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 627 Lafayette St
- Lot size
- 0.18 lot acres
- Property type
- Commercial real estate
- APN
- 6038744
Description
This exceptional 0.18-acre commercial and residential lot is situated in the heart of Downtown Lafayette, Louisiana, at 627 Lafayette Street, zip code 70501. Boasting excellent visibility with approximately 113,041 daily vehicular traffic counts, this property presents a unique development opportunity. Zoned CM-2 (Commercial Mixed 2), it allows for a diverse range of uses, including retail, office, multifamily, or mixed-use developments. The property's location directly across from the Main Lafayette Public Library makes it highly desirable. Site plans for a 28-unit apartment complex with ground-floor retail space are available upon request. This is one of the few remaining undeveloped tracts in this prime downtown location, offering significant potential for multiple points of ingress and egress. The asking price for this exceptional property is $175,000, and the Assessor's Parcel Number (APN) is 6038744. Don't miss this chance to acquire a piece of Downtown Lafayette's vibrant future.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.02077565325
- Latitude
- 30.22700968665