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    418 SW Evangeline Dr Lafayette, LA 70501

    For Sale
    $495,000

    Commercial - Lafayette, LA

    Property size:
    4,094 SF
    Lot size:
    0.29 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 418 SW Evangeline Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking
    8
    Parking features
    Parking Lot
    Interior features
    Storage Above Offices
    Exterior features
    Oh Door 10 - 15 Ft
    Size
    4,094 SF
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

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

    Listing agent Robert Burke (337) 735-9300

    Listing date Sep 11, 2025

    MLS# 2500003383 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

    High-Visibility Commercial Building on Thruway

    This commercial building, spanning over 4,000 sq ft, is situated on a concrete slab foundation. Constructed with iron beams and featuring a 2-hour firewall, the structure prioritizes both durability and safety. The property includes four roll-up doors, a private office, and a restroom. It is equipped with two 220 Amp breaker panels, allowing for future electrical expansion. Located on a corner lot along the Evangeline Thruway, the property benefits from high visibility. Traffic reports indicate a daily volume of 68,000 to 95,000 vehicles. Currently operating as a body and paint shop, the building can be sold with a certified oversized paint booth system and a commercial-grade air compressor. Additional features include a security system with exterior lighting, paved and rock parking areas, and multiple access points. The property is suited for business owners, investors, or commercial developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Just For You Towing & Roadside Solutions, Congress Auto Care, Beyond Automotive, One stop automotive llc, Diezel's Automotive onSite

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0285624
    Latitude
    30.2286578

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    FAQs

    What type of property is this?
    Auto shop - 4,000+ sq ft building on high-traffic corner lot.
    Where is this auto shop located?
    The property is located at 418 SW Evangeline Dr Lafayette, LA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - High-visibility corner lot on Evangeline Thruway with 68,000-95,000 daily traffic count.; - Spacious 4,000+ sq ft metal commercial building on a concrete slab foundation.; - Turn-key opportunity: Option to purchase with certified oversized paint booth system and commercial-grade air compressor.
    (337) 735-9300
    Request Owner's contact information
    418 SW Evangeline Dr 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
    418 SW Evangeline Dr Lafayette, LA 70501
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