Property profile

3225 Louisiana Ave Lafayette, LA 70501

OFF-MARKET
Retail properties & Spaces
1.02 ac lot
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Property summary

AI-generated overview

This exceptional 1.02 to 2.18-acre outparcel presents a unique investment opportunity in Lafayette, Louisiana. Located at 3225 Louisiana Avenue, this C-1 zoned property boasts unparalleled visibility along Interstate 10, benefiting from the recent Louisiana Avenue expansion and strong regional growth. The site is part of a thriving retail center already anchored by major national tenants including Target, Academy Sports + Outdoors, JCPenney, Office Depot, Ross Dress for Less, ULTA Beauty, and many more. Lafayette's robust residential and income growth over the past decade has created a highly desirable market for retailers, making this outparcel an ideal location for a hotel or similar development. The property's APN is 6134962. The price per square foot is $10. This is a fully stabilized center with one remaining outparcel, presenting a rare chance to capitalize on Lafayette's booming economy and high-traffic location. The property is situated in Lafayette County, Louisiana, zip code 70501, and offers excellent access and visibility. This is a truly exceptional opportunity to secure a prime location in a rapidly growing market. The property is classified as Retail, Office, and Land, and further sub-typed as Storefront, Commercial, and Executive Office.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.02 ac (44,431 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Mobile Phone Store Electronics & Wireless Store

Location

3225 Louisiana Ave Lafayette, LA 70501
Lafayette metro
Google Maps

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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