Loire Avenue

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Loire Avenue

Lafayette, LA 70507
Asking Price
$450K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for acquisition on Loire Avenue.
  • Located in the developing commercial landscape of Lafayette, Louisiana.
  • Positioned for various commercial development and business operational uses.
  • The asking price for the property is set at $450,000.
  • Strategic site located within the 70507 zip code region.
  • Offers a development foundation for investors or corporate buyers.

What's Special

This commercial land offering on Loire Avenue in Lafayette presents a strategic acquisition for investors or developers seeking to establish a presence in a growing Louisiana market. Situated in a region known for its resilient economy and regional commerce, this parcel is well-positioned for businesses looking to capitalize on the connectivity and expanding footprint of the 70507 ZIP code. The site provides a clean slate for commercial construction projects, offering significant flexibility for a variety of business operations or professional services. Given the ongoing development trends within Lafayette, this property serves as a functional foundation for those looking to expand their corporate footprint or develop specialized commercial facilities. The parcel caters to buyers who value proximity to regional logistical corridors and the professional community that defines this part of the state. With its scale and positioning, the asset is suitable for retail, office, or light commercial use cases tailored to local market demand.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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