Corner Lot next to River Ranch

Vacant Land for Sale
Catylist Listing ID: 30867787
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.37 Acres
Sale Price: $827,640
Unit Price: $604,116 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2024

Overview / Comments

Prime commercial lot located on a hard corner at Settlers Trace Blvd & West Martial Avenue surrounded by major retail, office space and high end single family residential blocks away from several major arterial roadways, including Ambassador Caffery Pkwy, Kaliste Saloom Road & Camellia Blvd.
Immediately adjacent to nationally acclaimed and award winning Village of River Ranch, a 325 acre mixed-use development with over 1000 families within walking distance of the site.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G1
Taxing Authority: City of Lafayette
Tax ID/APN: 6131919
Zoning: CH
Property Located Between: Settlers Trace Blvd and W Martial Ave
Property Visibility: Excellent
Largest Nearby Street: Settlers Trace Blvd
Feet of Frontage: 1,139
Highway Access: Minutes from Hwy 90, Interstate 10 & Interstate 49
Airports: Lafayette Regional Airport
Area Description: The site is surrounded by high end residential with national and regional retailers such as Target, Fresh Market Grocery, Whole Foods, Whitney Bank, Iberia Bank, Caroline & Company as well as restaurants and professional office users, including but not limited to, medical, law firms, CPA firms, coffee shops and many more.
Zoning Description: The “CH” district implements the Commercial/Office future land use category of PlanLafayette. The district allows compact development patterns, but provides flexibility for front parking, loading, and building design features for heavy commercial or service-oriented uses (such as large format retailers, auto dealerships, and repair services). PlanLafayette provides that the Commercial Office future land use category is principally a pedestrian oriented area. This District should only be used for locations where these uses currently exist, or where a rezoning applicant demonstrates that there is unmet market demand for the use.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Broadband
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,645 72,774 139,302
Median Age: 38.93 35.29 34.54
Households: 4,359 30,491 56,444


Photograph of Listing Agent

Teddy Beaullieu

Scout Real Estate Co. Lafayette, LA 70501
LACDB Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.