2015 Johnston StLafayette, LA 70503

  • Other commercial real estate
  • 0.78 AC
For Sale
$1,600,000 View listing

Property Details for 2015 Johnston St

Year built
1860
Lot size
0.78 AC
Property type
Other commercial real estate
APN
6025907
APU
6025907

Description

This exceptional retail property at 2015 Johnston St, Lafayette, LA, offers 22,000 square feet of space, ideal for owner-users. Boasting a prime location with extremely high visibility on Johnston Street, this corner lot at Oakcrest Drive features a two-story front section with a freight elevator and a single-story side section, providing ample retail and storage area. The property includes 37 parking spaces, conveniently located in the front, side, and rear, along with a covered rear loading area (approximately 20' x 51'). Recent improvements include a new roof on the main two-story building (October 2020) and the single-story portion (January 2021). The 0.76-acre lot features a fully fenced, blacktopped rear yard. The property is zoned CH (Commercial Heavy) and includes an additional 60 x 96 lot at 112 Oakcrest Drive (Lot 5), currently zoned RM-1 (Residential Mixed Use). This vacant storefront is priced at $1,600,000 ($77.27 per square foot) and is offered as land and improvements only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,329,024
    Hospitality
    $4,881,358
    Educational
    $4,061,232
    Medical
    $4,200,904
    Retail
    $6,317,473
2015 Johnston St, Lafayette, Louisiana

Location Insight

City
Lafayette
County
Lafayette
State
Louisiana
Latitude
30.2105
Longitude
-92.0277
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
$8,152
$22,051
$55,797
$77,848
-
$220,510
$371,980
$592,490

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