1700 Blk Carmel Dr Lafayette, LA 70501
- Land
Current Use by Public Records
- Land
Property Details for 1700 Blk Carmel Dr
- Property type
- Land
Description
This exceptional 70501 Lafayette, Louisiana land parcel, located on the 1700 block of Carmel Drive, presents a compelling investment opportunity for residential developers. Priced at $708,000, this property offers significant potential for building new homes. Its convenient location, just off Carmel Avenue, provides easy access to local amenities and infrastructure. A portion of the land borders an existing residential neighborhood, offering a seamless integration into the established community. The property is classified as Lots & Land, and is currently undeveloped, providing a blank canvas for a new residential project. The exact acreage is not specified, but the marketing materials suggest it is suitable for multiple residential builds. This prime location in Lafayette Parish, Louisiana, combined with its proximity to an existing neighborhood, makes this land a highly attractive prospect for those seeking to develop new homes in a desirable area. The property's address is clearly identified as being in the 70501 zip code, ensuring easy identification and access for potential buyers. This is a rare opportunity to acquire a substantial land parcel in a thriving Lafayette community. Further due diligence is recommended to confirm all aspects of the property's suitability for the intended development.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -91.9772
- Latitude
- 30.2339
