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6700 Blk Johnston St Lafayette, LA 70503

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 17.21-acre tract presents a remarkable investment opportunity in Lafayette, Louisiana. Strategically located at the hard corner of Johnston Street and E. Broussard, this property boasts unparalleled visibility and accessibility. With approximately 200 feet of frontage on Johnston Street, it benefits from a high daily traffic count of 27,000 vehicles, ensuring significant exposure for any development. The land is classified as being in Flood Zone X, offering peace of mind for future construction plans. Its versatile zoning allows for a range of development possibilities, including commercial, residential, or recreational projects. This prime location in a rapidly expanding area makes it an ideal site for businesses seeking high visibility and convenient access to major thoroughfares. The asking price for this expansive property is $1,700,000. This is a rare chance to acquire a substantial parcel of land with exceptional potential in a thriving Louisiana market. Serious inquiries are encouraged.

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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