1110 University AveLafayette, LA 70506

  • Other commercial real estate
  • 1.01 AC
For Sale
$400,000 View listing

Property Details for 1110 University Ave

Lot size
1.01 AC
Property type
Other commercial real estate
APN
6166150
APU
6166150

Description

This exceptional two-story executive office building, located at 1110 N University Avenue in Lafayette, Louisiana, presents a compelling investment opportunity. Boasting 3,728 square feet of space, this property is situated on a 0.56-acre lot and is zoned I-1. The building offers ample on-site parking with a limestone/shell surface. Access is convenient via paved public streets. The asking price is $400,000, translating to $107.30 per square foot. The property benefits from a 200+ amp electrical service. Its strategic location near I-10 and University Avenue places it within a prime commercial area, further enhanced by its designation as an Opportunity Zone, offering potential tax advantages. This property is ideal for businesses seeking a well-maintained, conveniently located executive office space in a thriving Louisiana market. The property's size and location make it suitable for a variety of commercial uses. The building's solid construction and ample parking provide a functional and attractive space for any business. This is a rare opportunity to acquire a high-quality commercial property in a desirable location.

1110 University Ave, Lafayette, Louisiana

Location Insight

City
Lafayette
County
Lafayette
State
Louisiana
Latitude
30.245
Longitude
-92.0324
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
$8,592
$11,000
$71,064
$82,064
-
$110,000
$473,760
$583,760

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