Commercial land opportunity located in the 700 block of Ridge Road! This 1.179-acre tract is cleared with a driveway already in place and features mature trees along the rear, offering peaceful and natural appeal. Surrounded by steady growth, including retail establishments, apartment communities, and residential subdivisions being developed in the area, this property is well-positioned to benefit from increasing demand and makes for a compelling investment opportunity. Zoned CM (Commercial Mixed), this property provides exceptional flexibility for a variety of uses including an income-producing residential development, a multi-unit cottage style/pocket neighborhood community [subject to planning approval], a boutique hotel opportunity, a professional or medical office, a restaurant, retail space, and/or other commercial ventures. The site also lends itself well to incorporating greenspace concepts such as a park-like setting, outdoor amenities, or recreational uses like a pickleball facility. Ideal for investors or developers seeking a well-positioned site with strong potential!
Vacant landProperty Type
1.18 acresLot Size
$97,458Price/Acres
Listed by Peggy Voorhies• Guidry & Co. Real Estate, Inc.
The CM districts implement the commercial office future land use category of Plan Lafayette. These districts provide for compact development patterns and pedestrian friendly design features. CM-1, which is smaller in scale, and is compatible in massing and buildout with nearby single-family neighborhoods.
Permitted uses
Include but are not limited to:
Bank
Convenience store
Day care facility
Restaurant
Hospital / medical center
Housing-Multiple units
Manufacturing
Hotel / motel
Mixed use building
Office
Feb 5, 2025 • Final
Commercial
Replace the backflow preventer.
Plumbing
Sep 25, 2014 • Final
Commercial
Perform addition, alteration, and repair work on a commercial convenience store.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Historical weather
Lafayette, LA • 70506
Average low and high temperatures (°F)
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48
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Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Lafayette. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
8.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 700 Blk Ridge Rd
$105,823
$9,177 under list price of $115K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $85K to $285K.