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OFF-MARKET
Land

103 Business Park Dr Lafayette, LA 70508

Property ID
Property summary
AI-generated overview

This 1.03-acre lot is situated at 103 Business Park Drive 2, Lafayette, LA 70508, offering a fantastic opportunity for commercial development. Located in a new office park on Verot School Road, this property boasts exceptional visibility and convenient access. The land is zoned for manufacturing and is part of a development with planned restrictions. The asking price for this exceptional parcel is $316,650. This represents a rare chance to establish a presence in a thriving Lafayette business community. The property's prime location ensures high traffic volume and strong brand visibility. The new office park setting provides a professional and attractive environment for businesses. Prospective buyers should be aware that the development will have established restrictions. This land is ideal for businesses seeking a strategic location with excellent access and visibility. The property is ready for immediate development, presenting a unique opportunity for investors and businesses alike. Detailed information regarding zoning regulations and development restrictions is available upon request. Don't miss this chance to secure a prime piece of commercial real estate in Lafayette, Louisiana.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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