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2440 Ambassador Caffery Pky 3.04 Acres of Commercial Land Offered at $1,688,000 in Lafayette, LA 70506

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Investment Highlights

  • Planned Development Zoning
  • High Traffic Counts!
  • Excellent Location!

Executive Summary

OFFERING MEMORANDUM
Listing Price: $1,688,000
±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

Property Facts

Price $1,688,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 3.04 AC
Zoning PD - Planned Development

1 Lot Available

Lot A & B

Price $1,688,000
Price Per AC $555,263.16
Lot Size 3.04 AC

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)

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 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 Lafayette’s top retail and medical corridor. 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 greater than $110K; home values greater than $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

  • Listing ID: 37334821

  • Date on Market: 8/19/2025

  • Last Updated:

  • Address: 2440 Ambassador Caffery Pky, Lafayette, LA 70506

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