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    Property profile & analytics

    103 Business Park Dr Lafayette, LA 70508

    • Land
    For Sale
    View listing
    $316,650
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 103 Business Park Dr

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This 1.03-acre lot is situated at 103 Business Park Drive 2 in Lafayette, Louisiana, zip code 70508. The property is classified as industrial land suitable for manufacturing and is part of a new office park development on Verot School Road. This offers excellent visibility and convenient access. The asking price for this exceptional opportunity is $316,650. The location provides a strategic advantage for businesses seeking a prominent presence in a thriving commercial area. The development will include restrictions, details of which are available upon request. This lot presents a unique chance to establish a new commercial office in a well-planned and highly visible business park. The property's coordinates are 30.1669325 latitude and -92.0191236 longitude. Serious inquiries are encouraged to explore this promising investment prospect. The property is zoned for manufacturing use. Further information regarding the specific restrictions and development plans can be provided.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0191
    Latitude
    30.1669

    Comparable in this City

    • Value Estimation by Request

      103 Business Park Dr

      Manufacturing properties
      103 Business Park Dr, Lafayette, LA 70508
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    • Value Estimation by Request
      2,400 SF

      402 Mecca Dr

      Manufacturing properties • 2,400 SF
      402 Mecca Dr, Lafayette, LA 70508
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    • Value Estimation by Request

      107 Business Park Dr

      Manufacturing properties
      107 Business Park Dr, Lafayette, LA 70508
      View Details
    • Value Estimation by Request
      0.97 Acres

      107 Bolton St

      Land • 0.97 Acres
      107 Bolton St, Lafayette, LA 70508
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    • Value Estimation by Request
      6.69 Acres

      102 Patriot St

      Land • 6.69 Acres
      102 Patriot St, Lafayette, LA 70508
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    • Value Estimation by Request
      1.12 Acres

      208 Spg Farm Rd

      Land • 1.12 Acres
      208 Spg Farm Rd, Lafayette, LA 70508
      View Details

    Similar Nearby for Sale

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      Lafayette Industrial Land for Sale

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    Similar Nearby for Lease

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      Lafayette Industrial Warehouse For Lease

      Industrial warehouse with fenced yard and highway access available for lease.
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      Lafayette Industrial Warehouse For Lease

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      Lafayette Warehouse - 7200 sqft

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    • $5,900,000
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      Versatile Facility with Office, Lab, Warehouse

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    103 Business Park Dr
    Lafayette, LA 70508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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