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    Property profile & analytics

    4805 Evangeline Thruway Carencro, LA 70520

    • Land
    • 12.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4805 Evangeline Thruway

    Lot size
    12.90 lot acres
    Property type
    Land

    Description

    This exceptional 12.9-acre commercial land parcel presents a unique investment opportunity in Carencro, Louisiana. Strategically located at the intersection of I-49 and North University Avenue, this unzoned property boasts excellent visibility and convenient access from the interstate. The substantial 700-foot frontage along the thoroughfare provides ample space for development. Ideal for a large-scale distribution center or similar commercial ventures, the property's size and location offer significant potential. The property also includes two existing homes, one currently vacant and the other rented, along with a barn. These structures are situated in the southwest corner of the property. Note that an overhead powerline traverses the land, and the property is adjacent to Coastal Pipe. The asking price is $1,600,000, translating to approximately $124,031 per acre. One home on the property was built in 1860. The property's APN is 6150611

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0497
    Latitude
    30.3628

    Comparable in this City

    • Value Estimation by Request

      400 Sonnier Rd

      Land
      400 Sonnier Rd, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      2.18 Acres

      4837 Evangeline Thruway

      Land • 2.18 Acres
      4837 Evangeline Thruway, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      1.18 Acres

      3450 Evangeline Trwy

      Land • 1.18 Acres
      3450 Evangeline Trwy, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      0.50 Acres

      3600 University Ave

      Land • 0.50 Acres
      3600 University Ave, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      3.29 Acres

      3450 Evangeline Thruway

      Land • 3.29 Acres
      3450 Evangeline Thruway, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      21,850 SF

      4677 Evangeline Thruway

      Distribution properties • 21,850 SF
      4677 Evangeline Thruway, Carencro, LA 70520
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Carencro Commercial Land - 2.87 Acres

      Prime Commercial Land, High Visibility, Carencro, LA
      3600 University Ave, Carencro, LA 70520
      View Details
    • $538,794
      1.18 Acres

      Prime Carencro Land Investment

      1.18-acre lot, high visibility, development potential.
      3450 Evangeline Trwy, Carencro, LA 70520
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    • $260,000
      2.00 Acres

      Prime Carencro Land - 2 Acres

      Agricultural/Commercial Land, Excellent Location
      1015 Gloria Switch Rd, Carencro, LA 70520
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    • $425,000
      1.32 Acres

      Prime Carencro Commercial Land

      1.32 Acres, I-49 Service Road, $425,000
      4246 Evangeline Thruway, Carencro, LA 70520
      View Details
    • $380,540
      2.18 Acres

      4837 Evangeline Thruway

      Land • 2.18 Acres
      4837 Evangeline Thruway, Carencro, LA 70520
      View Details
    • $715,908
      3.29 Acres

      Prime Carencro Commercial Land

      3.287-acre lot, high visibility
      3450 Evangeline Thruway, Carencro, LA 70520
      View Details

    Similar Nearby for Lease

    • $7,000 /Mo
      4,000 SF

      Carencro Office Space For Rent

      Office space available for lease in Carencro, Louisiana.
      4300 NE Evangeline Thruway, Carencro, LA 70520
      View Details
    • $29 SF/Yr

      3730 NE Evangeline Thruway, Unit f

      Restaurant For Lease
      3730 NE Evangeline Thruway, Carencro, LA 70520
      View Details
    • $23 SF/Yr
      11,336 SF

      Retail Space I-49 Frontage

      First generation retail space with high visibility and traffic.
      3500 Northeast Evangeline Thruway, Carencro, LA 70520
      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Center with Drive-Thru Option

      Proposed retail center with flexible suite sizes and drive-thru.
      3545 N University Ave, Carencro, LA 70520
      View Details
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    4805 Evangeline Thruway
    Carencro, LA 70520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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