700 Blk Ridge Road lot: 5, Lafayette, LA 70506
sale
$115,000
|
Other
Courtesy Of Guidry & Co. Real Estate
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!
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Property Features
- Legal Description: 1.179 Acres, Tract 5, Section 7, T10S, R4E, City of Lafayette, Lafayette Parish, LA
- MLSID: 2020021578
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