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Property profile & analytics
OFF-MARKET
Commercial real estate

2871 Verot School Rd Lafayette, LA 70508

0.5 ac lot
Property ID
US36-0950024
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Lafayette, Louisiana. Three contiguous lots (Lots 3, 4, 5 & part of 6), totaling between 0.5 and 2.2 acres, are available for sale individually or as a package. Located on Verot School Road and near La Neuville Road, this property boasts excellent visibility and accessibility. The land is zoned CH and benefits from its proximity to major medical facilities, including Our Lady of Lourdes Regional Medical Center, Women's and Children's Hospital, and the new Costco development. This strategic location places the property within easy reach of Lafayette, Youngsville, and Broussard, offering significant potential for a variety of commercial uses. The purchase price ranges from $9 to $13 per square foot. Note that easements for electric lines exist on Lot 3. The legal description includes Lot 3, 4, 5, and a portion of Lot 6, Section 25, Township 10 South, Range 4 East, with APN numbers 6116602 and 6033606. This is a Class A property presenting a compelling opportunity for owner-users seeking a high-visibility location in a thriving market.

Property profile
Verified
Property type Commercial real estate
Lot 0.5 ac (21,780 SF)
APN 6116602; 6033606
UPID US36-0950024
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
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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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