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For Sale

FOR SALE: ±3.044 ACRES ON AMBASSADOR CAFFERY

2400 Blk Ambassador Caffery Pkwy,
Lafayette, LA 70506

Asset Snapshot

3.04 Acres
Land Area

Offering Summary

Investment Overview

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 Listing Price: $1,688,000 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 West Lafayette’s retail and medical corridor.


Investment Highlights

  • 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
  • Zoning: 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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Listing Syndicated From

Buildout
For Sale
$1,688,000
Asking Price