401 Empire DrLafayette, LA 70503

  • Other commercial real estate
  • 4,558 SF
For Sale
$1,290,000 View listing

Property Details for 401 Empire Dr

Year built
2009
Lot size
0.43 AC
Property size (Sq ft)
4,558 SF
Property type
Other commercial real estate
APN
6131084
APU
6131084

Description

This 5,538 square foot vacant retail building, built in 2015, is located at 401 Empire Dr, Lafayette, LA 70503. The property sits on a 18,731 square foot lot and features a Class C construction with stucco exterior walls and an architectural asphalt shingled hip roof. The building boasts 9-14 foot eave heights with a 1.5-foot overhang, a monolithic pour reinforced concrete slab foundation, and custom-designed insulated double-pane windows. Commercial-grade insulated exterior doors, copper awnings over front windows, and a 500 square foot front porch enhance the building's curb appeal. A 10' x 12' steel raised overhead door in the rear provides convenient delivery access. Interior features include wood and carpet flooring, painted drywall walls, and a 14-foot suspended ceiling with 2' x 2' acoustic tiles. The interior walls are painted gypsum board. The property is zoned "ch" and is currently vacant, presenting a unique opportunity for a variety of retail uses, including daycare, pharmacy, or storefront. The asking price is $1,290,000. Showings require 24-hour notice and are scheduled before 10:00 AM or after 5:00 PM. Owner must be present.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $714,925
    Hospitality
    $654,867
    Educational
    $544,842
    Medical
    $563,580
    Retail
    $847,532
401 Empire Dr, Lafayette, Louisiana

Location Insight

City
Lafayette
County
Lafayette
State
Louisiana
Latitude
30.1815
Longitude
-92.0694
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
$7,723
$18,695
$55,056
$73,751
-
$186,950
$367,040
$553,990

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