2480 Savoy Road

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2480 Savoy Road

Youngsville, LA 70592
Asking Price
$373K
Asset Type
Land
Class
Class B

What's Special

2480 Savoy Road is situated in Youngsville, Louisiana, a region characterized by rapid residential growth and suburban development. The property is located near the intersection of Savoy Road and Chemin Metairie Parkway, providing efficient connectivity to Highway 89 and the greater Lafayette area. The immediate neighborhood features a mix of established residential subdivisions, modern multi-family complexes, and local commercial centers. Nearby amenities include the Youngsville Sports Complex, local schools, and retail service hubs, making this a high-visibility location within a developing municipal corridor. The property is suited for commercial or mixed-use development, aligning with the area’s expansion trends. Potential use cases include retail storefronts, professional office suites, or medical facilities intended to serve the surrounding population. Ideal tenants or owners would likely include local service providers, regional developers seeking suburban land footprints, or owner-occupants looking to establish a presence in a high-traffic growth zone. The flat topography and proximity to existing utility infrastructure support a variety of site configurations and specialized commercial applications.

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NOI
$80,000
Cap Rate
21.45%
DSCR
3.61
Strong
Cash-on-Cash
51.70%
Monthly Payment
$1,845.4
Annual Cash Flow
$57,855.194

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