Flex Warehouse with Office and
3121 Cameron Street Lafayette, LA 70506
For Sale
$289,000
COMMERCIAL - Lafayette, LA
Property Size5,700 SF
Lot Size0.35 Acres
Price / SF$50.70
Days on Market99
Property Features for 3121 Cameron Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CH
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Off Street
- Exterior features
- OH Door 10 - 15 Ft
- Standard status
- Active
- APN
- 6061596
- Size
- 5,700 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Description
- Lot 20 Elphege Roger Subdv (65.40x93.5) @3121 Cameron Lot 19A Elphege Roger Subdv (141.76x65.4) @102 Evelyn Dr
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Flooring type
- Concrete, Wood
- Roof type
- Metal
Listing Agency:
Compass
(337) 233-9700
Listed By:
Jammie Parbhoo · License #0995690247
(337) 739-0290
Added: Apr 17
Changed: Jun 28
Last Checked: Jul 24 at 10:06PM
MLS# 2600003424
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 flex-style property combines a sizable warehouse with office and live-work components. The warehouse includes an overhead door, high ceilings, an open floor plan, a bathroom, and ample storage. The front area is set up for office or retail use and includes multiple parking spaces. Inside, there is an open reception or office area, a renovated large kitchen, a secondary living or office space, a bedroom that could function as a third office, and a full bathroom, supporting live-work or business use. The back of the property is gated and includes substantial additional parking. A back studio area is also included with an office area, a bedroom, a full bathroom, laundry space, and an open kitchen with dining area.
The property sits on a corner lot with convenient access to both I-10 and I-49 corridors. Zoning is CH, and the site layout supports separation between the front office/retail area and the secured rear yard.
This configuration can fit tenants or owner-operators seeking a warehouse with on-site office space and an additional studio for rental housing, employee use, or extra workspace. The property previously operated as an Airbnb with two separate units, which may be relevant for businesses looking to utilize the existing living and studio layout. Neighboring availability is also noted at 3123 Cameron Street.
The property sits on a corner lot with convenient access to both I-10 and I-49 corridors. Zoning is CH, and the site layout supports separation between the front office/retail area and the secured rear yard.
This configuration can fit tenants or owner-operators seeking a warehouse with on-site office space and an additional studio for rental housing, employee use, or extra workspace. The property previously operated as an Airbnb with two separate units, which may be relevant for businesses looking to utilize the existing living and studio layout. Neighboring availability is also noted at 3123 Cameron Street.
Key Highlights
- Prime corner lot location with convenient access to I‑10 and I‑49, offering exceptional visibility.
- Adaptable property suitable for various business needs with potential for live/work setup.
- Sizable warehouse with overhead door, high ceilings, open floor plan, bathroom, and ample storage, allowing for customization and expansion.
Financial Insights For Flex RnD
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 | $40.4k | $7.08 |
| − Vacancy | −$1.9k | −$0.34 |
| EGI | $38.4k | $6.74 |
| − OpEx | −$13.4k | −$2.36 |
| NOI | $25.0k | $4.38 |
5,700 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 35.00%
Alternative Uses
Best Use
Office B
$947.6K
$829.1K – $1.11M
NOI $66,331 @ 7.0% cap · market cap 22.95%
Second Best
Mixed Use
$940.5K
$822.9K – $1.10M
NOI $65,835 @ 7.0% cap · market cap 22.78%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,337 @ 7.0% cap · market cap 32.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Corner-lot warehouse with an overhead door, office-ready front, and a gated rear yard for secure parking and added workspace.
Where is this flex space located?
The property is located at 3121 Cameron Street Lafayette, LA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Prime corner lot location with convenient access to I‑10 and I‑49, offering exceptional visibility.; Adaptable property suitable for various business needs with potential for live/work setup.; **Sizable warehouse with overhead door, high ceilings, open floor plan, bathroom, and ample storage**, allowing for customization and expansion.
