Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    400 Westgate Road unit D Scott, LA 70583

    View on Map
    For Lease
    Contact for pricing

    COMMERCIAL - Scott, LA

    Property size:
    1,200 SF
    Lot size:
    0.60 Acres
    Added:
    Apr 29, 2025
    Days on Market:
    340
    Last Refresh:
    Apr 3 at 9:06 am

    Property Features for 400 Westgate Road unit D

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Parking features
    Parking Lot, Off Street
    Exterior features
    Pole Sign
    Standard status
    Active
    APN
    6102059
    Size
    1,200 SF
    Lot size
    0.60 Acres

    Taxes and HOA fees

    Tax Description
    Lots 15,16,17,18 Nickerson Commercial Development

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Roof type
    Metal

    We can help!

    Listing Contact
    Nikki Nugier

    Listing agent Nikki Nugier License #995704858

    Listing office The Gleason Group 206 Magnate Dr, Lafayette, LA

    Listing date Apr 29, 2025

    MLS# 2020023387

    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.

    Overview

    Retail Space on Westgate Road

    This 1200 square foot commercial space is located in a strip center on Westgate Road in Scott, Louisiana. The property is zoned commercial and is suitable for retail, restaurant, or medical office use. The space is currently built out for a massage and spa business. The property is situated near Iberia Bank, CVS, Walgreens, O'Reilys, and Auto Zone, and Cameron Street. The lot size is 0.6 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.087601
    Latitude
    30.228751

    Nearby Similar for Lease

    • Contact for pricing

      Prime Commercial Space in Scott, LA

      Highly visible commercial space in a dynamic, growing district.
      1017 Apollo Road, Scott, LA 70583
      View Details
    • Contact for pricing

      Flexible Commercial Suite in Scott

      Clean commercial suite with natural light and great parking.
      211 N Ambassador Caffery Parkway unit: Suite B, Scott, LA 70583
      View Details
    • Contact for pricing

      Flex Space in Scott, LA

      Flex space with office and warehouse in Scott, Louisiana.
      103 Tas Street unit: 103, Scott, LA 70583
      View Details
    • Contact for pricing

      Industrial Building with Office Space

      4,000 SF industrial building with office and storage.
      303 Machine Loop, Scott, LA 70583
      View Details
    • Contact for pricing

      Office/Warehouse in Commercial Park West

      2,500 SF office/warehouse space for lease in Scott, LA.
      202 Hulco Drive, Scott, LA 70583
      View Details
    • Contact for pricing

      Climate Controlled Warehouse with Canopy

      Office and warehouse space with climate control and canopy.
      1441-B Hwy 93 N, Scott, LA 70583
      View Details
    • $28/mo

      Restaurant Space with Drive-Thru

      Former coffee shop in high-growth area with drive-thru.
      809 Apollo Road, Scott, LA 70583
      View Details
    • Contact for pricing

      Warehouse Space in Scott, LA

      2000 sq ft warehouse with offices and overhead doors.
      206 Jacobs Run unit: C, Scott, LA 70583
      View Details
    • $24/mo

      Fitness Suites in Growing Community

      Purpose-built fitness facility in Scott, Louisiana with wellness suites.
      100 Keystone Dr, Scott, LA 70583
      View Details
    • Contact for pricing

      Office/Warehouse Space in Scott, LA

      Well-maintained 4,000 SF office/warehouse near I-10 in Scott.
      102 Abigayles, Scott, LA 70583
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Center For Rent

      Retail suites available in a busy, grocery-anchored shopping center.
      5500-5545 Cameron Street, Scott, LA 70583
      View Details
    • Contact for pricing

      Office/Warehouse in Scott Commercial Park

      4,000 SF office/warehouse space for lease in Scott, LA.
      204 Brents Loop, Scott, LA 70583
      View Details

    FAQs

    What type of property is this?
    Strip mall - 1200 SF retail space in Scott, LA for rent.
    Where is this strip mall located?
    The property is located at 400 Westgate Road unit D Scott, LA.
    What are key features of this property?
    This property features: High‑traffic location on Westgate Road in Scott.; Suitable for retail, restaurant, or medical offices.; Built out for a massage and spa business.
    (337) 351-4060
    We can help!
    Listing Contact
    Nikki Nugier
    Real Estate License ID: 995704858
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!