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    417 NE Evangeline Thruway Lafayette, LA 70501

    For Lease
    $4,000 /Mo ($11 SF/Yr)

    Restaurant,Retail,Shopping Center - Lafayette, LA

    Property size:
    4,330 SF
    Lot size:
    0.42 Acres
    Days on Market:
    86
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 417 NE Evangeline Thruway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking features
    Parking Lot
    Interior features
    Walk-in Freezer
    Exterior features
    Door Sign, Pole Sign
    Size
    4,330 SF
    Lot size
    0.42 Acres

    Utilities

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

    Building Details

    Flooring type
    Concrete, Tile, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

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

    Listing agent Mac Lindon (337) 735-9300

    Listing date Sep 17, 2025

    MLS# 2500003552 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

    Retail Space in High-Traffic Area

    This commercial property is a well-maintained strip center located in a high-traffic area of Lafayette, LA, offering excellent visibility. The property, situated on 0.42 acres, contains 4,330 square feet of retail space. The zoning is commercial, allowing for a variety of business uses. Several units are currently leased, while others are available for new tenants or redevelopment. This property presents a prime investment opportunity for owner-occupants or investors seeking rental income with the potential for value-add improvements.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9924
    Latitude
    30.2373

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    FAQs

    What type of property is this?
    Strip mall - Well-maintained commercial strip center with upside potential in Lafayette, LA.
    Where is this strip mall located?
    The property is located at 417 NE Evangeline Thruway Lafayette, LA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility.; - Major upside potential for increased value.; - Mix of leased units and vacant units ready for new tenants.
    (337) 735-9300
    Request Owner's contact information
    417 NE Evangeline Thruway Lafayette, LA 70501
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    Lafayette, LA 70501
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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
    417 NE Evangeline Thruway Lafayette, LA 70501
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