Property profile

2505 Johnston St Lafayette, LA 70503

OFF-MARKET
Commercial land
Property ID
US36-1183470
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Property summary

AI-generated overview

This prime piece of land is located on Johnston Street directly across from the Blackham Coliseum. Zoned for both commericial and residential use, this property offers endless possibilities for development. Commercial options include retail stores, office buildings, restaurants, medical facilities, and mixed-use developments, while residential possibilities range from townhouses to multi-family units like apartments or condos. Its strategic location on a major thoroughfare ensures high visibility and heavy daily traffic, making it ideal spot for both business and residential growth. Don't miss this rare opportunity to develop in one of the most sought-after areas of Lafayette!

Property profile

Verified
Property type Commercial land
UPID US36-1183470

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2505 Johnston St Lafayette, LA 70503
Lafayette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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