419 Buchanan StLafayette, LA 70501

  • Industrial properties
  • 13.87 AC
For Sale
$500,000 View listing

Property Details for 419 Buchanan St

Lot size
13.87 AC
Property type
Industrial properties
Property subtype
Other warehouses
APN
6174260
APU
6174260

Description

This exceptional 13.21-acre industrial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Located at 419 Blk N Buchanan St, this property boasts a highly desirable CM-1 zoning designation, offering flexibility for a variety of industrial uses. The site is strategically situated within Lafayette city limits, providing easy access to major transportation arteries. Its proximity to the Evangeline Thruway (I-49) and I-10 ensures seamless connectivity to regional and national distribution networks. A significant advantage is the presence of an adjacent railroad spur, providing direct rail access for efficient freight transportation. Approximately 12 acres are available for immediate development or use as a storage/lay-down yard, making it ideal for businesses requiring ample space for operations or materials handling. The property's location and features make it an attractive option for companies seeking a strategic foothold in the thriving Lafayette industrial market. The asking price for this prime industrial land is $500,000. The property's address is 419 Blk N Buchanan St, Lafayette, LA 70501. This is a rare opportunity to acquire a well-positioned industrial property with excellent infrastructure and access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $94,759,272
    Hospitality
    $86,798,984
    Educational
    $72,215,736
    Medical
    $74,699,344
    Retail
    $112,335,584
419 Buchanan St, Lafayette, Louisiana

Location Insight

City
Lafayette
County
Lafayette
State
Louisiana
Latitude
30.236
Longitude
-92.0177
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
$3,488
$21,857
$11,400
$33,257
-
$218,570
$76,000
$294,570

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