Opportunity Zone Tracts at I-10 and University Ave

Vacant Land for Sale
Catylist Listing ID: 30280131
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 1.65 Acres
Sale Price: $13 PSF
Total Price: $934,362
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 1/16/2021

Overview / Comments

This development-ready property is in a high-traffic corridor and serves as a gateway to the City of Lafayette and the University of Louisiana, a co-ed four-year college with an undergraduate enrollment of +/- 19,000 students.

A total of 22.86 acres available between multiple tracts ranging in size from 0.5 acre to 15.75 acres contiguous. The property has excellent visibility from I-10 and N University Ave.

The City of Lafayette has identified this corridor as a special project and launched an initiative aimed at improving the aesthetics and functionality of the corridor along N. University Ave. from Renaud Dr. to Cameron St.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: C
Tax ID/APN: 6012101
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,151 66,571 125,542
Median Age: 32.93 32.01 33.94
Households: 2,991 26,299 50,336

Contact

Photograph of Listing Agent

Will Chadwick

Elifin Realty Baton Rouge, LA 70801
LACDB Member
Photograph of Listing Agent

Mathew J Laborde

Elifin Realty Baton Rouge, LA 70801
LACDB Member
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