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
Legal Description: LOT 2 SETTLERS TRACE MARKET (1.37 AC)(INCLUDES COULEE)
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

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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

Contact

Photograph of Listing Agent

Teddy Beaullieu

Scout Real Estate Co. Lafayette, LA 70501
LACDB Member
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