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    2002/2004 Johnston St Lafayette, LA 70503

    For Sale
    $1,250,000

    Business Opportunity - Lafayette, LA

    Property size:
    5,861 SF
    Lot size:
    1.00 Acre
    Days on Market:
    179
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2002/2004 Johnston St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    Exterior features
    Oh Door < 10 Ft
    Size
    5,861 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central

    Building Details

    Building materials
    Block, Frame
    Roof type
    Composition
    Architectural style
    Other

    ICON Real Estate Co (337) 534-4099 [email protected]

    Listing agent Leila Bellow (337) 534-4099

    Listing date Jun 10, 2025

    MLS# 2500000046 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

    Gas Station & Restaurant Opportunity

    This commercial property features a gas station and a cold food restaurant, situated on a one-acre lot. The property includes two separate buildings. The gas station also functions as a mechanic shop. The restaurant has a long-term tenant. The property is the first gas station encountered when traveling south from Evangeline Thruway. Recent updates include new electrical and plumbing systems, along with new garage doors. The property features a small convenience store building with three attached bays suitable for vehicle mechanic work or oil change operations. There are six fuel pumps and two 8,000-gallon underground fuel storage tanks. The property size is 5,861 square feet and is located in Lafayette, LA.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store 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
    -92.0276924
    Latitude
    30.2115574

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    FAQs

    What type of property is this?
    Gas station - Commercial property featuring a gas station and restaurant on one acre.
    Where is this gas station located?
    The property is located at 2002/2004 Johnston St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Income-producing commercial property featuring a gas station/mechanic shop and restaurant.; - Prime location: First gas station when traveling south from Evangeline Thruway.; - Updated gas station with new electrical, plumbing, and garage doors.
    (337) 534-4099
    Request Owner's contact information
    2002/2004 Johnston St Lafayette, LA 70503
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    Lafayette, LA 70503
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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
    2002/2004 Johnston St Lafayette, LA 70503
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