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    120 Galbert Rd Lafayette, LA 70506

    For Lease
    $2,500 /Mo ($0.34 SF/Yr)

    Industrial - Lafayette, LA

    Type:Industrial
    Lot size:
    2.00 Acres
    Days on Market:
    330
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 120 Galbert Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Standard status
    Active
    Exterior features
    Stabilized Yard Base
    Lot size
    2.00 Acres

    Building Details

    Architectural style
    Other

    HUNCO Real Estate, LLC (337) 889-5711 [email protected]

    Listing agent Ashley Goodyear (337) 889-5711

    Listing date Jan 16, 2025

    MLS# 25000489 Listing URL

    Copyright © 2025 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

    Fenced Lay Down Yard Lease

    This is a commercial land lease for a lay down yard. The property consists of a fully fenced and gated 2-acre parcel. The land is mostly stabilized, though the back portion is not complete. The landlord is willing to consider stabilizing the back portion depending on the lease terms and tenant. The minimum lease term is one year. Located in Lafayette Parish, the property is unzoned. Utilities are not currently set up on the property but can be accessed from the road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.077017
    Latitude
    30.229977

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    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial land lease, partially stabilized, utilities accessible.
    Where is this commercial land located?
    The property is located at 120 Galbert Rd Lafayette, LA.
    What is the lease rate?
    The lease rate is $0.34 SF/Yr.
    What are key features of this property?
    This property features: - 2-acre fenced/gated parcel ideal for a lay down yard.; - Mostly stabilized yard base.; - Landlord will consider stabilizing the back portion for the right tenant/terms.
    (337) 889-5711
    Request Owner's contact information
    120 Galbert 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
    120 Galbert Rd Lafayette, LA 70506
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