2 Acres Johnston/Ambassador Area

Vacant Land for Sale
Catylist Listing ID: 30321688
Property Subtypes: Office, Retail, Self Storage, Other
Gross Land Area: 2 Acres
Sale Price: $530,000
Unit Price: $265,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

2 acres located on Ridge between Johnston and Ambassador Caffery. Retail, fast food, medical, educational and more in immediate area. There is currently a personal residence on the property. It was previously used as small mobile home park.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G3
Tax ID/APN: 6016302
Property Located Between: Johnston St and Ambassador Caffery
Property Visibility: Good
Legal Description: SEC 9 T10S R4E
Largest Nearby Street: Ambassador Caffery
Feet of Frontage: 121
Highway Access: Convenient to I-10/I-49 and Hwy 167 (Johnston St)
Site Description: Existing home can remain and has possible renovation options or could be torn down for brand new structure. Land is narrow and deep, easily access from road. Traffic lights located on both nearby intersections. Signage has potential to be viewed from Ambassador and possible Johnston.
Area Description: Former POSH location and side entrance of retail strip located across Ridge from this property. Finance company on the side. Vacant land on corner of Johnston/Ridge.
Lot Frontage: 121
Lot Depth: 630
Topography: Level
Easements: Utilities
Easements Description: gas easement at very back of property (backing up to Unitech College)
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,572 81,111 144,635
Median Age: 35.57 34.62 34.17
Households: 4,066 33,187 58,298


Photograph of Listing Agent

Carrie Theard

District South Real Estate Co Lafayette, LA 70503
LACDB Member
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