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Property profile & analytics
OFF-MARKET
Land

1007 Carmel drive Lafayette, LA 70501

Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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