9611 Maurice AveMaurice, LA 70555

  • Other commercial real estate
  • 10,500 SF
For Sale
$3,500,000 View listing

Property Details for 9611 Maurice Ave

Year built
2018
Lot size
2.11 AC
Property size (Sq ft)
10,500 SF
Property type
Other commercial real estate
APN
RM062530
APU
RM062530

Description

This exceptional 3,000 square foot retail center in Maurice, Louisiana, presents a unique investment opportunity. Built in 2017, the property boasts two suites, each offering 1,500 square feet of versatile space, currently entirely vacant. Strategically located at 9611 Maurice Ave, 70555, in Vermilion Parish, this center benefits from high visibility on Highway 167 (over 24,000 vehicles per day), enhanced by pylon signage opportunities. The property enjoys a prime location across from a planned grocery-anchored center, capitalizing on the significant residential growth in the area (1,200+ lots developed within a 5-mile radius, with approximately 465 already complete). The strong demographics are further supported by a median household income of approximately $81,000 within a 10-minute drive. Current tenants in the center include Snap Fitness, Prime Kitchen and Nutrition, Edward Jones, and Brasseaux's True Value Hardware, demonstrating the area's robust commercial activity. This property offers an excellent chance to establish a thriving business in a rapidly expanding market. The entire 3,000 square feet is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,647,037
    Hospitality
    $1,508,677
    Educational
    $1,255,202
    Medical
    $1,298,370
    Retail
    $1,952,536
9611 Maurice Ave, Maurice, Louisiana

Location Insight

City
Maurice
County
Vermilion
State
Louisiana
Latitude
30.1023
Longitude
-92.1244
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
$17,923
$14,791
$183,951
$198,742
-
$147,910
$1,226,340
$1,374,250

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