100 Gerald Dr Lafayette, LA 70503
This exceptional 1-acre commercial lot presents a remarkable investment opportunity in Lafayette, Louisiana. Situated on the bustling Johnston Street corridor, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The single-tenant designation offers flexibility in development plans, allowing for customized construction to meet specific business needs. Located in Lafayette Parish, this vacant land is ready for immediate development, capitalizing on the high traffic volume of Johnston Street. Its prime location ensures significant exposure to potential customers and clients. The property's size provides ample space for a variety of commercial buildings, from retail spaces to office complexes, or even a mixed-use development. This is a rare chance to acquire a highly desirable commercial lot in a thriving area of Lafayette, offering substantial potential for growth and return on investment. The property's address is 100 Gerald Drive, Lafayette, LA 70503. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. The property is classified as commercial land with single tenancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.