503 Mudd AveLafayette, LA 70501

Property Details for 503 Mudd Ave

Year built

1995

Lot size

0.14 AC

Property size (Sq ft)

2,400 SF

Property type

Warehouses

APN

6036043

APU

6036043

Description

This exceptional commercial property in Lafayette, Louisiana, presents a unique investment opportunity. Located at 503 Mudd Ave, this offering encompasses a 2,400 square foot automotive repair building situated on a prime corner lot, boasting dual frontage and excellent visibility. The property benefits from its strategic location along NE Evangeline Thwy, a high-traffic thoroughfare with approximately 36,924 vehicles passing daily, ensuring significant exposure for any business. The sale also includes an adjacent corner lot, increasing the total land area to approximately 0.27 acres, providing ample space for parking, expansion, or future development. The combined lots offer approximately 319 feet of total frontage, maximizing signage opportunities. The existing auto shop building is ready for immediate occupancy, making this an ideal opportunity for an owner-occupant or an investor seeking a high-demand location. The asking price is $249,000, translating to $103.75 per square foot. This property offers a compelling combination of high visibility, convenient access, and substantial land area, making it an attractive proposition in a thriving market. The address is 503 Mudd Ave, Lafayette, LA 70501.

• Alternative Use

  Use

  Valuation

  Residential

  $376,414

  Hospitality

  $344,793

  Educational

  $286,864

  Medical

  $296,729

  Retail

  $446,233

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.2331

Longitude

-92.0126

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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