Listed by Lee & Associates - Lafayette
$4,000,000
Johnston Street Acreage (53 Acres)
Details
APN 6018765; 6054716
Property Type Retail, Land
Sub Type Commercial
Square Footage 11,963
Price Per Acre $75,472
Class C
Acreage 53.000
Zoning A
Retail | 11,963 SqFt
Marketing description
The subject property consists of approximately ±53 acres of vacant land located on Johnston Street near its intersection with E. Broussard Road. The tract features level topography, is not situated within a flood zone, and offers over 700 feet of frontage along Johnston Street. With traffic counts exceeding 39,000 vehicles per day, the frontage is well positioned for commercial development, while the rear portion of the property presents an excellent opportunity for residential use. This represents the largest remaining developable tract on Johnston Street before reaching Vermilion Parish.
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.
Investment highlights
- ±53 Acres of Vacant Land on Johnston Street near E. Broussard
- 700+ Feet of Frontage with 39,000+ Vehicles per Day
- Level Site, not in a Flood Zone
- Ideal for Mixed-Use Development; Largest Remaining Tract before Vermilion Parish
Listing Contacts
Listed by Lee & Associates - Lafayette
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Zoning
CH CommercialSpecial CommercialCommercial Heavy
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