110 Lafayette St Maurice, LA 70555
- Commercial real estate
- 8.74 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 110 Lafayette St
- Lot size
- 8.74 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.74-acre commercial lot presents a remarkable investment opportunity in the thriving Maurice, Louisiana market, situated within the Lafayette MSA. Ideally located just off the well-traveled intersection of Highway 167 and West Lafayette Street, this property offers convenient access from both West Lafayette Street and Maurice Avenue, enhancing its development potential. The land itself is characterized by its generally level and cleared terrain, a significant advantage for construction projects. Importantly, this property lies outside of a designated flood zone (X zone), mitigating risk and streamlining development processes. The site's strategic location within Maurice, a community experiencing substantial growth over the past five years and projecting continued expansion, makes it particularly attractive for various commercial ventures. The asking price for this prime commercial land is $856,708. Its size and location within a dynamic market make it an ideal site for residential or multifamily development, offering significant returns for the discerning investor. The property's address is 110 W Lafayette St, Maurice, LA 70555, within Vermilion Parish.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Maurice
- County
- Vermilion Parish
- State
- Louisiana
- Longitude
- -92.1256532
- Latitude
- 30.1089416