For Sale
$2,352,240

538 Settlers Trace BlvdLafayette, LA 70508

1.8-acre Lafayette commercial lot

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.8-acre commercial land parcel is ideally situated on Settlers Trace Boulevard in Lafayette, Louisiana, boasting excellent visibility and high traffic counts exceeding 20,000 vehicles per day. Zoned MN-1, this property presents a prime opportunity for retail development. Its strategic location offers unparalleled access to a thriving retail corridor, proximate to major developments including River Ranch, Ambassador Crossing, River Marketplace, Crossroads Annex, and Ambassador Town Center, all featuring a diverse mix of popular restaurants and retailers such as Whole Foods, Target, Ross, Kohl's, and many more. The area also benefits from the significant employment base generated by Our Lady of Lourdes Regional Medical Center and its affiliated hospital. A proposed development plan includes a 16,157 square foot building with suite sizes ranging from 1,200 to 16,157 square feet, offering flexible lease options. The asking price is $2,352,240, translating to $30 per square foot. This property represents a compelling investment opportunity in a high-growth area with strong demographics and established retail presence. The proposed building's projected delivery date is 2025. The property's zip code is 70508.

Highlights

  • 1.8-acre commercial land parcel on Settlers Trace Blvd, Lafayette, LA, with over 20,000 VPD.
  • MN-1 zoning ideal for retail development.
  • Prime location near River Ranch, Ambassador Crossing, and other major retail centers, including Whole Foods and Target.
  • Proposed 16,157 SF building with suites ranging from 1,200 to 16,157 SF; projected 2025 delivery.
  • $2,352,240 asking price ($30/SF).
  • 70508 zip code.

Property Details for 538 Settlers Trace Blvd

Property type
Retail properties, Land
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.16148158296
Longitude
-92.050295481216
538 Settlers Trace Blvd, Lafayette, Louisiana

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538 Settlers Trace Blvd
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