101 Belle Fontaine DrLafayette, LA 70506

  • Land
  • 4.98 AC
For Sale
$975,789 View listing

Property Details for 101 Belle Fontaine Dr

Lot size
4.98 AC
Property type
Land
Property subtype
Commercial land
APN
6039927
APU
6039927

Description

This exceptional 4.9-acre commercial land parcel, located at 101 Belle Fontaine Drive in Lafayette, Louisiana (zip code 70506), presents a unique investment opportunity. The property boasts significant frontage on Johnston Street, providing excellent visibility and accessibility. Zoned CH ("Commercial Medium"), this site is well-suited for a variety of commercial uses, including multi-family development, self-storage facilities, or other businesses. The asking price is $975,789, translating to a land value of $4.50 per square foot. The APN is 6039927. Its central Lafayette location offers close proximity to local amenities and major transportation routes, ensuring convenient access for both residents and businesses. All necessary utilities are readily available on-site, simplifying the development process. This property represents a rare chance to acquire a substantial land holding in a thriving Louisiana market, poised for significant growth and return on investment. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,011,672
    Hospitality
    $31,154,510
    Educational
    $25,920,186
    Medical
    $26,811,622
    Retail
    $40,320,292
101 Belle Fontaine Dr, Lafayette, Louisiana

Location Insight

City
Lafayette
County
Lafayette
State
Louisiana
Latitude
30.1884
Longitude
-92.0663
CBSA code
29180
CBSA name
LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,112
$48,789
-
$48,789
-
$487,890
-
$487,890

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