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    3823 N University Ave Carencro, LA 70520

    For Lease
    $1,500 /Mo ($12 SF/Yr)

    Retail - Carencro, LA

    Type:Retail
    Property size:
    1,480 SF
    Lot size:
    5.63 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 11 at 4:06 pm

    Property Features for 3823 N University Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Parking
    20
    Exterior features
    Pole Sign, Storage Building
    Size
    1,480 SF
    Lot size
    5.63 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    Acadiana Investment Group (337) 735-9300 [email protected]

    Listing agent Nah Senpeng (337) 735-9300

    Listing date Nov 24, 2025

    MLS# 2500004990 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

    Carencro Retail/Restaurant Opportunity

    This commercial property is located in Acadiana and offers high visibility. The building, formerly a restaurant, features a floor plan suitable for a restaurant, cafe, office, retail store, or professional services. The property size is 1480 square feet and it is situated on a 5.63-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nanny's Candy Co Candy Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0498839
    Latitude
    30.3062274

    Nearby Similar for Lease

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      Carencro Office Space For Rent

      Office space available for lease in Carencro, Louisiana.
      4300 NE Evangeline Thruway, Carencro, LA 70520
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    • $23 SF/Yr
      11,336 SF

      Retail Space I-49 Frontage

      First generation retail space with high visibility and traffic.
      3500 Northeast Evangeline Thruway, Carencro, LA 70520
      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Center with Drive-Thru Option

      Proposed retail center with flexible suite sizes and drive-thru.
      3545 N University Ave, Carencro, LA 70520
      View Details
    • $29 SF/Yr

      3730 NE Evangeline Thruway, Unit f

      Restaurant For Lease
      3730 NE Evangeline Thruway, Carencro, LA 70520
      View Details

    FAQs

    What type of property is this?
    Restaurant - Versatile commercial building suitable for restaurant, retail, or office.
    Where is this restaurant located?
    The property is located at 3823 N University Ave Carencro, LA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High Visibility Location; - Versatile Floor Plan; - Suitable for Restaurant, Cafe, Office, Retail, or Professional Services
    (337) 735-9300
    Request Owner's contact information
    3823 N University Ave Carencro, LA 70520
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    Carencro, LA 70520
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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
    3823 N University Ave Carencro, LA 70520
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