and I-10 University AveLafayette, LA 70506

Property Details for and I-10 University Ave

Lot size

1.36 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional commercial land offering presents a unique investment opportunity in Lafayette, Louisiana. Located at the high-traffic intersection of I-10 and University Avenue (Exit 101), this property boasts 1.36 to 2.87 acres across two tracts, strategically positioned within a corridor experiencing 112,296 daily vehicle counts. Its prime location offers unparalleled visibility from I-10, ensuring maximum exposure for any development. The property's CH (Commercial Heavy) zoning permits a wide range of uses, including retail, hotels, quick-service restaurants (QSR), warehouses, self-storage facilities, and multi-family residential projects. Parcels are subdividable to accommodate various development scales. Adding to its appeal, this land is situated within designated Economic Opportunity Zones, providing access to significant tax credits and benefits. The City of Lafayette has further enhanced the area's desirability through a special initiative focused on improving the aesthetics and functionality of the N. University Avenue corridor. This development-ready land offers exceptional potential for investors seeking a high-impact commercial venture in a thriving Louisiana market. The land is within 1,500 feet of the interstate exit ramp, providing easy access for customers and employees. The proximity to the University of Louisiana at Lafayette (approximately 14,000 students) presents additional market opportunities. Prices range from $435,600 to $566,280 per acre. This is a rare opportunity to acquire land in a high-growth area with significant potential for return on investment.

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.248

Longitude

-92.0346

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].