Prime Development Opportunity on Ridge Road -- Approximately 30 acres of commercial and/or residential land in a highly desirable location, featuring an impressive 1,126 feet of frontage along Ridge Road. This property offers excellent development potential for a variety of uses, including medical facilities, retirement or senior living, multifamily housing, or a residential subdivision. The site benefits from high traffic counts and convenient access to Lafayette, Scott and I-10. Situated near the new Prairie School, with the rear of the property bordering LARC, this location offers tremendous potential for future growth and development. The property is partially wooded, providing a natural setting and additional flexibility for site planning
Vacant landProperty Type
30 acresLot Size
$106,667Price/Acres
Listed by Fred Arsement• Keller Williams Realty Acadiana
Property includes both commercial and residential uses
Zoning designated as commercial
Utilities
Cable available
Electricity available
Natural gas available
Sale and tax history for 515 Ridge
Sale History
Tax History
Date
Event
Price
AcadianaMLS #22007181
Jul 29, 2022
Listed
$3,200,000
Year
Property tax
Land + Additions
Assessment*
2025
$869 (−1.1%)
$8,351
2024
$879 (+0.6%)
$8,351
2023
$874
$8,351
2022
$874 (−0.3%)
$8,351
2021
$877 (+0.3%)
$8,351
2020
$874 (+4.3%)
$8,351
2019
$838 (−1.7%)
$8,351
2018
$852 (+0.1%)
$8,351
2017
$851
$8,351
2016
$851
$8,351
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
30 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
—
Style
Vacant Land
County
Lafayette Parish
APN
6010603
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 15, 2026.
CH
Commercial Heavy District
The CH district implements the commercial/office future land use category of PlanLafayette. The district allows compact development patterns, but provides flexibility for front parking, loading, and building design features for heavy commercial or service-oriented uses (such as large format retailers, auto dealerships, and repair services). PlanLafayette provides that the commercial office future land use category is principally a pedestrian oriented area. This district should only be used for locations where these uses currently exist, or where a rezoning applicant demonstrates that there is unmet market demand for the use.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Multiple units
Manufacturing
Self-Storage / mini-Storage
Warehouse
Hotel / motel
Mixed use building
Office
Historical weather
Lafayette, LA • 70506
Average low and high temperatures (°F)
59
41
70
51
76
57
80
64
83
68
89
75
91
76
91
75
89
71
84
63
76
56
67
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Lafayette. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 515 Ridge
$2,625,425
$575K under list price of $3.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $367K.