623 Pinhook RdLafayette, LA 70503

Property Details for 623 Pinhook Rd

Lot size

0.68 AC

Property type

Land

Property subtype

Commercial land

APN

6060900

APU

6060900

Description

This exceptional 49,653-square-foot commercial land parcel presents a unique investment opportunity in Lafayette, Louisiana. Situated at the signalized intersection of West Pinhook Road and Mall Street, this highly visible lot boasts excellent exposure to the significant traffic flow along West Pinhook Road, a four-lane artery with a center turning lane. The CM-1 zoning permits a variety of development options, making it ideal for a wide range of commercial ventures. Its strategic location offers close proximity to Ochsner Lafayette General Medical Center, further enhancing its appeal and potential for high returns. The property is being sold based on its land value, representing a compelling opportunity for developers seeking a prime location in a thriving area. The site's proximity to the University of Louisiana at Lafayette (ULL) adds to its desirability, ensuring a consistent flow of potential customers and employees. This is a rare chance to acquire a substantial commercial lot in a highly trafficked area with exceptional visibility, promising significant long-term growth potential. The asking price is $1,241,325. The address is 623 W Pinhook Rd, Lafayette, LA 70503.

• Alternative Use

  Use

  Valuation

  Residential

  $4,611,523

  Hospitality

  $4,224,130

  Educational

  $3,514,427

  Medical

  $3,635,294

  Retail

  $5,466,886

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.2075

Longitude

-92.0112

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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