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Off market
  • Tax assessed value
    $51,100

    716 Lafayette St, Lafayette, LA 70501

    --beds
    0baths
    1.24Acres
    VacantLand
    Built in ----
    1.24 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,025 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,025/mo

    Zestimate® history
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    Owner options

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    $1,025/mo

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    $1,025/mo

    Rent Zestimate®

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    $241/mo

    Est. payment

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    $241/mo

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    What's special

    This amazing commercial property is the only undeveloped, large tract of commercial property left in downtown Lafayette. It is located next to the Federal Courthouse and Public Library. Property could be used for hotel, multi-use space, condominiums, apartments, grocery store, etc. Zoned CH. So let's break down the numbers. Hypothetically, if you were to build a single story you would be paying $35/sf, however if you would consider the more advantageous option and built vertical utilizing 40,000sf times six stories, your cost would only be $7.91/sf! Does this give you any ideas?Seller is highly motivated, make your offer before it's gone. Remember, it is the last available large undeveloped tract in downtown Lafayette.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 1.24 Acres
    • Features: Level, City Lot
    Details
    • Parcel number: 6031073
    • Zoning: Commercial
    • Zoning description: Commercial

    Utilities & green energy

    • Sewer: Public Sewer Available
    • Water: Public Water Available
    • Utilities for property: Unknown

    Community & neighborhood

    Location
    • Region: Lafayette

    Other

    Other facts
    • PossibleUse: Office, Multi-Family, Commercial, Business
    • ZoningDescription: Commercial
    • RoadSurfaceType: Paved
    • Zoning: Commercial
    • CurrentFinancing: Conventional, Cash
    • LotFeatures: Level, City Lot
    • RoadFrontageType: City Street
    • Inclusions: Land
    • CommunityFeatures: Curbs, Library, Public Trans, Curb Cuts
    • CurrentUse: Vacant, Lot
    • Sewer: Public Sewer Available
    • WaterSource: Public Water Available
    • Utilities: Unknown
    • MlsStatus: Active
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/1/2020Listing removed$1,900,000
    Source: Keller Williams Realty Acadiana #19007305 Report a problem
    7/20/2019Listed for sale$1,900,000-15.6%
    Source: Keller Williams Realty Acadiana #19007305 Report a problem
    4/16/2019Listing removed$2,250,000
    Source: Keller Williams Realty Acadiana #18008712 Report a problem
    4/12/2019Pending sale$2,250,000
    Source: Keller Williams Realty Acadiana #18008712 Report a problem
    8/22/2018Listed for sale$2,250,000
    Source: Keller Williams Realty Acadiana #18008712 Report a problem
    6/2/2005Sold--
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$615 +0.7%$5,110
    2023$611 0%$5,110
    2022$611 -0.3%$5,110
    2021$613 +1.3%$5,110
    2020$605 +4.7%$5,110
    2019$578 -1.5%$5,110
    2018$587 +1%$5,110
    2017$581 $5,110
    2015$581 +171.7%$5,110 +170.4%
    2013$214 +18.5%$1,890
    2011$180 -56.2%$1,890 -56.3%
    2010$412 -15.8%$4,320
    2008$489 +92.8%$4,320 +93.7%
    2006$254 +0.8%$2,230
    2005$252 +7.5%$2,230
    2002$234 +5.9%$2,230
    2001$221 +8.3%$2,230 +12.6%
    2000$204 $1,980

    Find assessor info on the county website

    Neighborhood: 70501

    Nearby schools

    GreatSchools rating