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Property profile & analytics
OFF-MARKET
Land

100 Gerald Dr Lafayette, LA 70503

Property ID
Property summary
AI-generated overview

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.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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