1401 E Milton Avenue, Lafayette, LA 70508
New Listing
$495,000
Property Type:
Land
Lot Size (sq. ft.):
87,556
Status:
Active
Current Price:
$495,000
List Date:
8/14/2026
Last Modified:
8/14/2026
Listing Details MLS# 2600007569
Listing Info
- Delayed Marketing
- No
- Listing Price
- 495000
- Document Modified
- 2026-08-14 17:34:39.821601
- Modification Timestamp
- 2026-08-14T22:44:21Z
- Photo Modified
- 2026-08-14T22:34:39Z
Location Tax Legal Info
- Street Number
- 1401
- Dir
- E
- Street Name
- Milton
- St Suffix
- Avenue
- Parish
- Lafayette
- State
- LA
- Zip Code
- 70508
- Subdivision
- None
- Area
- N
- Tax Assessment Number
- 6175434
- Zone
- Commercial
- Directions
- From Verot, turn right on E Milton, property will be on the right.
General Property Description
- Type Offer
- Sale
- Lot Dimensions
- 364.65' x 308.42' x 388.70' x 171.08'
- Acres
- 2.01
- Mobile Allowed
- No
- Cleared %
- 100
- Wetlands
- No
- Mineral Rights
- Negotiable
- Property Condition
- Resale
- Assn Fee
- None
- Acreage Range
- 1 - 2.99
Water Source
- Water Company
- Milton Water
- Public
- Yes
Originating Details
- Originating System ID
- M00000300
- Originating System Key
- 20260813182008404322
- Originating System Listing ID
- 2600007569
- Originating System Name
- RAA Flex
Location, Tax & Legal Info
- School District
- Lafayette Parish
- Legal Desc
- LOT A SEC 3 T11S R4E (2.007 AC)(2022-37038 PLAT)
More Information
Location
- Other
- Yes
Remarks & Misc
- Remarks
- A unique opportunity to acquire 2 acres directly across from Palmer Parc, a thoughtfully designed mixed-use development planned to feature childcare, professional office, co-working, retail, and complementary commercial uses. The property offers an attractive setting alongside a beautiful subdivision pond with a fountain, creating a distinctive backdrop for a high-quality office, retail, medical, hospitality, or mixed-use project. The site can accommodate an approximately 14,000-square-foot building area, subject to final design and governmental approvals. Preliminary approvals have also been obtained to construct an asphalt parking lot over the existing underground gas transmission line area, allowing the property to maximize its usable development footprint. This site appraised for $502,000 just 4 months ago and that's before the new Milton Water District is about to open their new water plant for more volume in the area which means more housing is possible to build from developers whereas there was a moratorium to build any new subdivisions in this area until the completion. The buyer will be expected to maintain an architectural and landscaping aesthetic that complements Palmer Parc, helping establish a cohesive, upscale commercial corridor on both sides of the street. This design continuity is intended to protect the appearance and long-term value of the surrounding development. Additional expansion and development opportunities may also be available directly across the street within Palmer Parc. Buyers may have the option to purchase a separate commercial pad site or a portion of the remaining Palmer Parc property, creating the potential for a larger development footprint, future expansion, or multiple complementary uses. With its scenic pond frontage, strong development potential, flexible land-purchase options, and proximity to the future activity generated by Palmer Parc, this site presents an excellent opportunity for commercial site, or investor.
Office/Member/Contract Info
- REO
- No
Land Type
- Commercial
- Yes
- Residential
- Yes
Price Includes
- None
- Yes
Present Use
- Vacant
- Yes
Potential Use
- Business
- Yes
- Commercial
- Yes
- Office
- Yes
- Recreational
- Yes
- Single Family
- Yes
- Warehouse
- Yes
Road Frontage
- City Street
- Yes
- Parish Road
- Yes
- Paved
- Yes
Lot Description
- Level
- Yes
Improvements
- Open Ditches
- Yes
Sewer
- None
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Water Available
- Yes
Restrictions
- Pipeline
- Yes
Waterfront
- Pond
- Yes
- View
- Yes
- Walk To
- Yes
Fencing
- None
- Yes
Reserved
- None
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Property Features
Land Type:
Commercial; Residential
Price Includes:
None
Present Use:
Vacant
Potential Use:
Business; Commercial; Office; Recreational; Single Family; Warehouse
Lot Description:
Level
Road Frontage:
City Street; Parish Road; Paved
Location:
Other
Improvements:
Open Ditches
Utilities:
Cable Available; Electricity Available; Water Available
Sewer:
None
Water Source:
Public
Restrictions:
Pipeline
Waterfront:
Pond; View; Walk To
Reserved:
None
Fencing:
None
Financing:
Cash; Conventional; FHA
IDX
Listing Office:
Chase Group Realty, LLC
Last Updated: August - 14 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.