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    111 Westgate Rd Lafayette, LA 70506

    Sponsored
    For Sale
    $4,276,128

    Business Opportunity,Retail - Lafayette, LA

    Property size:
    15,381 SF
    Lot size:
    1.96 Acres
    Days on Market:
    299
    Last Refresh:
    Jan 10 at 8:06 am

    Property Features for 111 Westgate Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Cm-1 (commercia
    Parking features
    Parking Lot
    Size
    15,381 SF
    Lot size
    1.96 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Flooring type
    Tile
    Building materials
    Frame
    Architectural style
    Other

    Scout Real Estate Company (337) 501-6457 [email protected]

    Listing agent Jeff Landry (337) 443-0880

    Listing date Mar 18, 2025

    MLS# 25000218 Listing URL

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Investment Opportunity in Lafayette

    This commercial property presents an investment opportunity in Lafayette, Louisiana. The property, suitable for retail purposes, is located adjacent to the new West Village TND Development in the heart of the West-Lafayette Parish Commercial Corridor. The site encompasses 1.96 acres and features a building with 15,381 square feet of space. The zoning is Cm-1 (commercial).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Photo Print Shop CDReload - Online Bitcoin ... Money Transfer Service Coinhub Bitcoin ATM ... Atm Redbox Movie Rental Kiosk Christoper F. Pritchett, ... Pharmacy

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.086525
    Latitude
    30.231754

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    FAQs

    What type of property is this?
    Individual retail property - Premium national tenant occupied commercial property near West Village development.
    Where is this individual retail property located?
    The property is located at 111 Westgate Rd Lafayette, LA.
    What is the asking price?
    The asking price for this property is $4,276,128.
    What are key features of this property?
    This property features: - Premium national tenant occupied commercial property; - Located adjacent to the new West Village TND Development; - In the heart of the West-Lafayette Parish Commercial Corridor
    (337) 443-0880
    Request Owner's contact information
    111 Westgate Rd Lafayette, LA 70506
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    Lafayette, LA 70506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Westgate Rd Lafayette, LA 70506
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