618 Verot School Rd Lafayette, LA 70508
This exceptional 1.73-acre commercial land parcel presents a remarkable investment opportunity in Lafayette, Louisiana. Located at 618 and 622 Verot School Road, this property boasts approximately 360 feet of frontage, ensuring high visibility to an estimated 23,470 vehicles daily. The CM-1 (Commercial Mixed 1) zoning allows for diverse development options, making it ideal for office or retail projects. Situated in Flood Zone X, this site offers peace of mind regarding flood risk. The property's attractive asking price of $450,000 is further enhanced by the motivated seller's willingness to consider all offers. A sample site plan, approved by the city of Lafayette, is available for review. The property's Assessed Parcel Number (APN) is 6013873. This prime location in Lafayette Parish, Louisiana, zip code 70508, offers unparalleled access and exposure, making it an exceptional opportunity for commercial development. Don't miss this chance to acquire a highly visible and versatile commercial property in a thriving market.
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
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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.