+/- 3.044 Acres at 2400 Blk Ambassador Caffery Pkwy
High Traffic Retail Development Location on Ambassador Caffery
Marketing description
FOR SALE: ±3.044 ACRES ON AMBASSADOR CAFFERY
Prime Development Tract in High-Growth Corridor | Lafayette, Louisiana
Location: 2400 Block of Ambassador Caffery Pkwy Lafayette, LA
Size: ±3.044 Acres (can be subdivided)
Zoning: PD (PLANNED DEVELOPMENT)
Highest & Best Use: Retail, Medical, Restaurant, QSR, or Mixed-Use
Access: ±330’ of frontage | Access via Ambassador Caffery Parkway
Traffic Counts: ±48,000 VPD
Visibility: Premier frontage along Lafayette’s major commercial thoroughfare
Utilities: Full city utilities available
Surrounded by national retailers and explosive residential growth, this well-positioned 3-acre site offers ideal dimensions, strong demographics, and a high-traffic location in the heart of Lafayette’s top retail and medical corridor.
Investment highlights
OFFERING MEMORANDUM
±3.044 Acres on Ambassador Caffery Parkway in Lafayette, Louisiana
Premier ±3 Acre Retail Development Site
Strong Medical Corridor: Ideal for Urgent Care, Coffee Shop, Car Wash, QSR, or National Retailers
Over 330’ of Frontage on Ambassador Caffery Pkwy
Surging Lafayette Growth Corridor
High-Traffic Counts – ±48,000 Vehicles Per Day
Surrounded by Target, Costco, Our Lady of Lourdes, Ochsner, Super 1 Foods, Apothecary Shoppe, and major rooftops
EXECUTIVE SUMMARY
Address: 2400 Block Ambassador Caffery Parkway, Lafayette, LA
Site Size: ±3.044 acres (±132,422 SF)
Zoning: PD (PLANNED DEVELOPMENT)
Frontage: ±330 feet along five-lane Ambassador Caffery Pkwy
Utilities: Municipal water, sewer, storm drainage available
INVESTMENT HIGHLIGHTS
Premier Location: Situated in Lafayette’s top retail/medical corridor— ±48,000 VPD
Strong Trade Area: Within 3 miles: 75,000+ residents; avg. household income > $110K; home values > $275K
National Co-Tenant Anchors: Nearby Costco, Target, Whole Foods, Super 1 Foods, Ochsner Medical, Our Lady of Lourdes Hospital
Ideal Development Uses: QSR pad sites, medical office, retail strip center, mixed-use
Planned Traffic Signal due to high traffic counts
MARKET OVERVIEW & DEMOGRAPHICS
Radius Population Avg. HH Income Daytime Population Median Home Value
1 Mile 25,500 $112,000 30,200 $280,000
3 Miles 78,000 $104,500 85,300 $275,000
5 Miles 150,000 $98,000 165,000 $265,000
Major Employers: Ochsner Health, University of Louisiana—Lafayette, Lafayette Parish School System
Retail Nodes: Ambassador Caffery at Kaliste Saloom, Johnston St. corridor, Acadiana Mall, River Ranch TND
ZONING & ENTITLEMENTS
PD - (Planned Development): Allows retail, office, medical, restaurant, mixed-use
Site PD overlay: Urban pedestrian-oriented setbacks and build-to lines permissible for optimal visibility & retail engagement
Parking ratio of 1 space per 250 SF (1/5 seats) easily met; Flexible parking ratios can include conventional space counts; or shared onsite and street parking for higher density, mixed-use development
Fast-track Entitlements: Site plan approval only; no conditional use needed for QSR or medical
ACCESS & TRAFFIC
Frontage: ±330’ along Ambassador Caffery Pkwy (five lanes, 45 MPH)
Signalized Intersections: Curran Lane (±1,500 VPD), Kaliste Saloom Blvd (±32,000 VPD)
Traffic Counts: ±48,000 vehicles per day (VPD)
Connectivity: Direct connector to I-10 (±3 miles), Lafayette Regional Airport (±7 miles)
ALSO AVAILABLE: ±29 Acres
Directly across Ambassador Caffery TND Development "Cafferytown"
Owner will consider the idea of Land Sales, Joint Venture, and/or Preferred Equity Participation
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