103.5 Acres of Vacant

Vacant Land for Sale
Catylist Listing ID: 30638639
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 103.50 Acres
Sale Price: $1,242,000
Unit Price: $12,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/21/2021

Overview / Comments

With approximately 103.5 acres of undeveloped property on Sugar Mill Rd., this large tract of land would make a great community development. Currently zoned R1 along Sugar Mill Rd. and A1 in the back. There's also a 3 bedroom 2 bath home on the property that is not given any value. The section of property that runs from Sugar Mill Rd to the railroad tracks is approximately 72 acres and can be sold separately. The property on the opposite side of the railroad tracks is approximately 32 acres and can also be sold separately. This section of property as access from Samatha and Deer Run Dr. in Meadowlands Subdivision just off Troy Road.

Additional Details

Nearest MSA: Lafayette
County: Iberia
Tax ID/APN: 0402786000
Zoning: R 1 & A 1
Property Located Between: Lewis St to Loreauville Rd, turn right on red light. Right onto Sugar Oaks Rd, Cross bridge, turn onto Sugar Mill Rd. Property is on the right.
Property Visibility: Good
Legal Description: 47.60 AC BEING LOT 2 OF PLAT OF PARTITION; 22.10 AC , LOT 2, PART LOT 3 BEING LOT 3; 39.53 AC LOT 2
Largest Nearby Street: Sugar Mill Road
Highway Access: Sugar Mill Road access
Site Description: Currently utilized as pasture land
Topography: Level
Available Utilities: Electric, Cable
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,021 35,388 44,577
Median Age: 39.04 36.44 36.09
Households: 2,688 13,474 16,683


Photograph of Listing Agent

Lana Soileau

Keller Williams Realty Acadiana
Lafayette, LA
LACDB Member
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