3
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$115,000
Est. payment /mo
1.18 Acres Lot
Price Dropped by $10K
700 Blk Ridge RD Lafayette, LA 70506
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Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2020021578
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Commercial
Property Description
Commercial land opportunity located in the 700 block of Ridge Road! This 1.179-acre tract is cleared with a driveway already in place and features mature trees along the rear, offering peaceful and natural appeal. Surrounded by steady growth, including retail establishments, apartment communities, and residential subdivisions being developed in the area, this property is well-positioned to benefit from increasing demand and makes for a compelling investment opportunity.Zoned CM (Commercial Mixed), this property provides exceptional flexibility for a variety of uses including an income-producing residential development, a multi-unit cottage style/pocket neighborhood community [subject to planning approval], a boutique hotel opportunity, a professional or medical office, a restaurant, retail space, and/or other commercial ventures. The site also lends itself well to incorporating greenspace concepts such as a park-like setting, outdoor amenities, or recreational uses like a pickleball facility.Ideal for investors or developers seeking a well-positioned site with strong potential!
Location
State LA
Zoning CM
Interior
Equipment None
Exterior
Parking Features Driveway
Utilities Available Electricity Available, Fiber Optics Available, Phone Connected, Water Available
Waterfront Description None
Building
Sewer No Water/Sewer
Others
Tax ID 6073127
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Guidry & Co. Real Estate, Inc.
Nearby Locations
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