1007 Carmel drive Lafayette, LA 70501
This exceptional 3.97-acre commercial property, located at 1007 Carmel Drive in Lafayette, Louisiana, presents a unique investment opportunity. Situated on a high-traffic corner at the intersection of Carmel Drive and Pinhook Road, this land boasts exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures. The property is conveniently located within the 70501 zip code in Lafayette Parish. The expansive lot size offers ample space for development, accommodating substantial building projects. A significant advantage is its location outside of any designated flood zone, mitigating potential risks associated with flooding. The asking price for this prime commercial land is $399,000. All offers are being considered. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a thriving Lafayette market. Don't miss out on this chance to secure a valuable asset with significant development potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.