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