0 Lafayette StMaurice, LA 70555

Property Details for 0 Lafayette St

Lot size

1.29 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.29-acre commercial lot sits at the highly visible corner of Hwy 167 and West Lafayette Street in Maurice, Louisiana, a rapidly growing area just south of Lafayette. Boasting excellent access and visibility to approximately 17,915 vehicles per day, this property presents a unique investment opportunity. Maurice has seen significant expansion in the last five years, with continued growth projected. This is evidenced by numerous new residential subdivisions and the current construction of a grocery-anchored development featuring a 30,000 square foot grocery store and additional retail space. The low retail vacancy rate in Maurice further underscores the strong market demand. The property's location on Maurice Avenue (US Hwy 167), a direct extension of Lafayette's Johnston Street, ensures easy access and high traffic flow. This prime corner lot is ideally suited for a variety of commercial ventures, capitalizing on Maurice's burgeoning growth and strategic location. The asking price is $1,200,000. The property's zip code is 70555, and it's situated in Vermilion Parish.

Location Insight

City

Maurice

County

Vermilion Parish

State

Louisiana

Latitude

30.1086

Longitude

-92.1246

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