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    FOR SALE
    Commercial land

    627 Lafayette St Lafayette, LA 70501

    Property ID
    US36-1111235
    627 Lafayette St, Lafayette, LA 70501 For Sale 1 / 12
    $175,000
    627 Lafayette St, Lafayette, LA 70501
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    Property summary
    AI-generated overview

    Now available for sale, 627 Lafayette St is a ±0.18 acre corner lot located in the heart of Downtown Lafayette, offering excellent visibility with ±13,041 daily traffic. Zoned Commercial Mixed 2, this versatile property can accommodate a variety of uses, including retail, office, multifamily, or mixed-use space. The owner has site plans for a 28-unit apartment complex with retail on the first floor, which are available upon request. Situated directly across from the Main Lafayette Public Library, this property is one of the few remaining undeveloped tracts in the area. Potential for multiple points of ingress and egress.

    Property profile
    Verified
    Property type Commercial land
    UPID US36-1111235
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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