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6800 Johnston St 48.77 Acres of Commercial Land Offered at $3,000,196 CAD in Lafayette, LA 70503
Investment Highlights
- Traffic Count: ±39,047
- 750+ feet of Johnston Street frontage.
- Not located in a flood zone.
- Largest developable tract remaining on Johnston before you reach Vermilion Parish.
Executive Summary
The subject property is a large +/-53 acre tract of vacant land on Johnston St, near the intersection with E Broussard. The tract has level topography, is not located in a flood zone and boasts 750+ feet of Johnston Street frontage. With over 39,000 vehicles passing per day the front of the property lends itself to commercial usage, while the rear of the property is suitable for residential development. This is the largest developable tract remaining on Johnston before you reach Vermilion Parish.
Property Facts
| Price | $3,000,196 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 48.77 AC |
| Property Type | Land | ||
| Zoning | A - traditional agricultural activities and to provide for their continuation as well as to preserve areas of rural character. | ||
| Price | $3,000,196 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 48.77 AC |
| Zoning | A - traditional agricultural activities and to provide for their continuation as well as to preserve areas of rural character. |
1 Lot Available
Lot
| Price | $3,000,196 CAD | Lot Size | 48.77 AC |
| Price Per AC | $61,517.25 CAD |
| Price | $3,000,196 CAD |
| Price Per AC | $61,517.25 CAD |
| Lot Size | 48.77 AC |
Description
The property is located in South Lafayette on Johnston St, just past the E Broussard intersection. This Johnston St corridor, heading towards Maurice, has experienced significant growth and commercial activity over the past several years. With traffic counts over 39,000 vehicles per day this is one of the most heavily traveled streets in the city.
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Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $288,821 CAD | Total Assessment | $288,821 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$288,821 CAD
Improvements Assessment
$0 CAD
Total Assessment
$288,821 CAD
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6800 Johnston St
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