623 Pinhook Rd Lafayette, LA 70503
- Commercial land
- 0.68 lot acres
Current Use by Public Records
- Commercial land
Property Details for 623 Pinhook Rd
- Lot size
- 0.68 lot acres
- Property type
- Commercial land
- APN
- 6060900
- APU
- 6060900
Description
This exceptional 49,653-square-foot commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Situated at the signalized intersection of West Pinhook Road and Mall Street, this highly visible lot boasts excellent exposure to the significant traffic flow along West Pinhook Road, a four-lane artery with a center turning lane. The CM-1 zoning permits a variety of development options, making it ideal for a wide range of commercial ventures. Its strategic location offers close proximity to Ochsner Lafayette General Medical Center, further enhancing its appeal and potential for high returns. The property is being sold based on its land value, representing a compelling opportunity for developers seeking a prime location in a thriving area. The site's proximity to the University of Louisiana at Lafayette (ULL) adds to its desirability, ensuring a consistent flow of potential customers and employees. This is a rare chance to acquire a substantial commercial lot in a highly trafficked area with exceptional visibility, promising significant long-term growth potential. The asking price is $1,241,325. The address is 623 W Pinhook Rd, Lafayette, LA 70503.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.0112
- Latitude
- 30.2075
- CBSA code
- 29180
- CBSA name
- LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
