Property summary
This exceptional 5.35-acre commercial land parcel, located at 6733 Johnston St in Lafayette, Louisiana (zip code 70503), presents a unique investment opportunity. Zoned CH, this vacant property offers significant potential for various commercial uses, including industrial development. The asking price is $2,097,414, translating to a land value of $392,040 per acre. Its strategic location is adjacent to and part of the highly sought-after Stonehaven Subdivision, ensuring excellent visibility and accessibility. The property's size, ranging from 230,000 to 240,000 square feet, provides ample space for a substantial development project. The property's APN is 6154203. Given its prime location and zoning, this land is well-suited for a variety of commercial ventures. This is a rare opportunity to acquire a significant tract of land in a thriving Lafayette commercial area. Serious inquiries are encouraged. The property is currently vacant and ready for immediate development. No buildings, units, stories, gas pumps, loading docks, or dock-high doors are present. The year built and year renovated are not available. Ceiling height information is also unavailable.
Property profile
VerifiedCap rate & NOI
Current use
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Housing Development
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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