For Sale
$2,500,000

500 Ridge Rd Lafayette, LA 70506

1.23 Acres, $2.5M, High-Growth Area

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 1.23-acre commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located at 500 Ridge Rd, 70506, this property boasts a prime location within the burgeoning Ridge Rd and Rue Du Belier corridor, offering excellent visibility and accessibility. Zoned for commercial use, this land is priced at $2,500,000, translating to a land value of $12 per square foot. The property's strategic position provides easy access to Johnston Street, a major thoroughfare in Lafayette. While this 1.23-acre lot is being offered as a whole, the marketing materials indicate the possibility of parceling out additional acreage (10.11 acres are also available, though not included in this listing). This makes it suitable for a variety of commercial developments, catering to businesses seeking a high-traffic location in a rapidly developing area of Lafayette Parish. The property's address is precisely 500 Ridge Rd, Lafayette, LA 70506, with GPS coordinates of 30.1815922 latitude and -92.0923653 longitude. This presents a compelling opportunity for investors and developers seeking a foothold in a thriving Louisiana market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

Highlights

  • 1.23-acre commercial land parcel in Lafayette, LA, at 500 Ridge Rd, 70506.
  • Prime location on Ridge Rd and Rue Du Belier corridor with excellent visibility and accessibility.
  • Zoned commercial, priced at $2,500,000 ($12/sq ft).
  • Easy access to Johnston Street.
  • Potential for additional acreage acquisition (10.11 acres available separately).

Property Details for 500 Ridge Rd

Property type
Land
Lot Size (sq. ft)
53,579 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.1815922
Longitude
-92.0923653

FAQs

What type of property is this?
Land - 1.23 Acres, $2.5M, High-Growth Area
Where is the land located?
The property is located at 500 Ridge Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 1.23-acre commercial land parcel in Lafayette, LA, at 500 Ridge Rd, 70506.; Prime location on Ridge Rd and Rue Du Belier corridor with excellent visibility and accessibility.; Zoned commercial, priced at $2,500,000 ($12/sq ft).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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500 Ridge Rd
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