7.425 ACRE PARCEL @ TEURLINGS DR & LAJAUNIE RD
Vacant Land
for Sale
Catylist Listing ID: |
30624413 |
Property Subtypes: |
Multi-Family, Office, Residential (Single Family), Retail
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Gross Land Area: |
7.42 Acres
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Sale Price: |
$1,940,598 |
Unit Price: |
$261,360 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
4/9/2024 |
Overview / Comments
Excellent site for development with frontage on Teurlings Drive and Lajuanie Road. All city utilities available. Subject sites adjoins 72-acre Cedar Creek S/D. Phase I will has 113 lots with homes under construction. When completely built out Cedar Creek will have 300 homesites. This 7.425 acre site is primed for development to support the surrounding homes and the STEM Academy across Teurlings Drive. Currently zoned single-family. Sellers will assist buyer in application for re-zoning.
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Additional Details
Nearest MSA: |
Lafayette |
County: |
Lafayette |
Submarket/Township: |
D |
Tax ID/APN: |
6166806 |
Zoning: |
RS-1 SINGLE FAMILY |
Property Visibility: |
Excellent |
Zoning Description: |
RS-1 Single Family Residential |
Available Utilities: |
Electric, Water, Sewer |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
5,578 |
50,618 |
107,839 |
Median Age: |
35.72 |
34.15 |
34.23 |
Households: |
2,042 |
19,204 |
43,441 |
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