200 Verot School Rd Lafayette, LA 70508
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 200 Verot School Rd
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 8.66-acre commercial land parcel in Lafayette, Louisiana, presents a unique investment opportunity. Located on Verot School Road, this site boasts convenient access to Kaliste Saloom Road and Pinhook Road via three signalized intersections. The property's strategic location within the thriving Feu Follet commercial corridor places it amidst established professional, medical, and retail developments, ensuring high visibility and strong tenant demand. Flexible parcel sizes are available, ranging from less than one acre to the entire 8.66-acre site, allowing for tailored development plans. Pricing varies based on parcel size, ranging from $6 to $12 per square foot, with smaller parcels commanding a higher price per square foot. The site is zoned CM, offering versatility for various commercial uses. Strong demographics support this location, with a population of 166,610 within a 5-mile radius and an average household income of $78,076 within 3 miles. High traffic counts of 6,261 vehicles per day on Verot School Road further enhance the property's appeal. This master-planned development opportunity offers shared drives and planned infrastructure for efficient development. The property is ideally situated to capitalize on the area's robust economic activity and growing population. This is an exceptional opportunity to acquire a prime commercial land parcel in a high-demand location.
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
- -92.0078
- Latitude
- 30.1773