3324 Evangeline Thruway Lafayette, LA 70507
- Land
- 11.28 lot acres
Current Use by Public Records
- Land
Property Details for 3324 Evangeline Thruway
- Lot size
- 11.28 lot acres
- Property type
- Land
Description
This exceptional 11.278-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Strategically located at the northeast quadrant of I-49 at the Gloria Switch Exit, this corner lot boasts unparalleled visibility and accessibility. The property features a signalized intersection, vast frontage on two high-traffic streets, and multiple access points, making it ideal for a variety of retail developments. Zoned for Parish use, this site benefits from I-49's impressive daily traffic count of 75,344 vehicles. The location is further enhanced by Carencro's expanding population and the addition of new residential areas, creating a strong and growing market. With a total asking price of $6,000,000, this equates to $950,072 per acre, reflecting the exceptional value and potential of this premier development site. The address is 3324 NE Evangeline Thruway, Lafayette, LA 70507. This property offers developers a rare combination of high visibility, convenient access, and a thriving market, making it an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.024
- Latitude
- 30.2978
