Lafayette Retail Space with
211 Guilbeau Road Lafayette, LA 70506
211 Guilbeau Road, Lafayette, LA, 70506
$1,000,000
For Sale
$1,000,000
COMMERCIAL - Lafayette, LA
Property Size11,343 SF
Lot Size0.76 Acres
Price / SF$88.16
Days on Market474
Property Features for 211 Guilbeau Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- BG
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 3
- Parking features
- Off Street
- Exterior features
- OH Door 16 - 20 Ft, Roof Sign
- Standard status
- Active
- APN
- 6157405
- Size
- 11,343 SF
- Lot size
- 0.76 Acres
Taxes and HOA fees
- Tax Description
- LOT 2-3 SYCAMORE PARK
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Marble, Wood
Listing agency
Keller Williams Realty Acadiana
(337) 735-9300
Listed by
Nah Senpeng · License #99562982
(337) 349-8869
Added: Apr 5, 2025 Updated: May 14 at 11:39AM Checked: Jul 22 at 4:06PM
MLS# 2020022508
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.
Investment Insights
Based on property information with market context.
This commercial property in Lafayette, Louisiana, features a retail space with a warehouse component, offering opportunities for businesses seeking visibility and functionality. The property consists of two units. Unit 1 includes 3,891 square feet of office space and 4,065 square feet of warehouse space. Unit 2 provides 1,485 square feet of office space along with 1,902 square feet of warehouse space. Recent updates include a roof that is 9 years old and an AC unit that is 11 years old. Electrical upgrades were completed in Unit A in 2015 and in Unit B in 2024. Situated in a high-traffic area on a 0.76-acre lot, this property provides exposure and space for operations. The property is zoned BG. The total property size is 11,343 square feet.
Key Highlights
- High‑traffic location offering excellent exposure.
- Two separate units providing flexibility for various business uses.
- Combined total of 5,376 SF office space and
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $7.08 |
| − Vacancy | −$3.9k | −$0.34 |
| EGI | $76.5k | $6.74 |
| − OpEx | −$11.5k | −$1.01 |
| NOI | $65.0k | $5.73 |
11,343 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$1.97M
$1.72M – $2.29M
NOI $137,564 @ 7.0% cap · market cap 13.76%
Second Best
Mixed Use
$1.87M
$1.64M – $2.18M
NOI $131,012 @ 7.0% cap · market cap 13.10%
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M
NOI $187,731 @ 7.0% cap · market cap 18.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Communities United In Prayer
Social Service Agency
Ria Money Transfer ...
Bank
Gulf Medical Equipment
Production Facility
Mike's Home Furnishings
Furniture & Home Goods
Minimarket El Ahorro
Grocery & Convenience Store
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FAQs
What type of property is this?
Mixed-use property - Retail space with warehouse in high-traffic Lafayette area.
Where is this mixed-use property located?
The property is located at 211 Guilbeau Road Lafayette, LA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High‑traffic location offering excellent exposure.; Two separate units providing flexibility for various business uses.; Combined total of 5,376 SF office space and