Technical
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Property profile

211 Kaliste Saloom Rd Lafayette, LA 70508

OFF-MARKET
Land
0.44 ac lot
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 211 E Kaliste Saloom Rd Unit: 152 in Lafayette, Louisiana, presents a unique investment opportunity. The 0.44-acre lot, APN 6012907, is zoned for commercial use and offers excellent visibility and accessibility due to its location on a busy street. The property has already been surveyed and divided, excluding Lot 150. An adjacent lot (Lot 154) is also available for purchase, expanding the total acreage to 0.85 acres (see separate listing). This prime location is surrounded by thriving businesses and residential areas, making it ideal for a variety of commercial ventures. The asking price is $170,568, representing a price per acre of $387,654. Essential infrastructure is in place, and the favorable economic environment of Lafayette makes this a promising investment for developers and businesses seeking to establish or expand their presence in this dynamic city. This is a rare opportunity to acquire a highly desirable commercial land parcel in a sought-after location. The property's strategic position ensures excellent visibility and accessibility, attracting customers and clients. Don't miss this chance to capitalize on Lafayette's thriving commercial landscape. The zip code is 70508.

Property profile

Verified
Property type Land
Lot 0.44 ac (19,166 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
  • Alternative Medicine Practice
  • Painting Service General Contractor
  • Engineer

Location

211 Kaliste Saloom Rd Lafayette, LA 70508
Lafayette metro
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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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