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Property profile & analytics
OFF-MARKET
Commercial real estate

635 Verot School Rd Lafayette, LA 70508

1.29 ac lot
Property ID
US36-2557958
Property summary
AI-generated overview

This exceptional 1.29-acre commercial land parcel presents a unique investment opportunity in a prime Lafayette, Louisiana location. Situated at 635 Verot School Rd, this property boasts a highly desirable MN-1 zoning designation, opening doors to a multitude of potential uses. The asking price is $291,000. The property's location is directly across from S. Beadle and a shopping center featuring Fat Pat's, ensuring high visibility and accessibility. While the existing structures, a 1950s-era house with two bedrooms, two baths, a kitchen, and a combined living/dining area, are included in the sale, they are considered "as is" and hold no assessed value. These existing buildings could potentially be repurposed as office space, depending on future development plans. The land itself is the primary asset, offering significant potential for development. Utilities are readily available, including LUS fiber, city electricity, water, sewer, and gas. The property's APN is 6170596. This is a rare chance to acquire a strategically located commercial lot in a thriving Lafayette market. Don't miss this opportunity to capitalize on the potential of this versatile property.

Property profile
Verified
Property type Commercial real estate
Lot 1.29 ac (56,192 SF)
APN 6170596
UPID US36-2557958
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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