Sign Up Successful!
You now have access to more from Realmo!
    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

    506 Lafayette St Youngsville, LA 70592

    Sponsored
    For Lease
    $1,650 /Mo ($13 SF/Yr)

    Medical,Professional/Office,Retail - Youngsville, LA

    Property size:
    1,469 SF
    Lot size:
    0.75 Acres
    Days on Market:
    196
    Last Refresh:
    Feb 10 at 9:06 am

    Property Features for 506 Lafayette St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Exterior features
    Door Sign, Pole Sign, Roof Sign
    Size
    1,469 SF
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Expense value
    4
    Expense
    Common Area Maintenance Fee

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Carpet - Full, Concrete
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Peyton Pharr

    The Gleason Group (337) 262-7873

    Listing agent Peyton Pharr (337) 262-7873

    Listing date Jul 30, 2025

    MLS# 2500001812 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Retail Opportunity in Twin Oaks

    Located in the Twin Oaks Shopping Center near the heart of Youngsville, Louisiana, a retail opportunity is available at 506 Lafayette Street, Suite B. The unit features a front area suitable for reception, display, or customer interaction, leading into a 1,035 square feet open showroom. The space also includes a breakroom with a sink and counter, as well as two restrooms. Situated within a growing retail corridor, this location benefits from neighboring businesses. Youngsville is one of Louisiana's fastest-growing cities with a commercial environment supported by municipal policies that encourage business development and expansion. The available space is suited for retail, service, or office use. The property is located on a 0.75-acre lot. The property size is 1,469 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Love My Hair ... Hair Salon Breathe & Move Training Center The Pentecostals of Youngsville Church City Cuts Barbershop Barber Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm 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
    Youngsville
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9899655
    Latitude
    30.1038134

    Nearby Similar for Lease

    • $9,700 /Mo
      7,500 SF

      Versatile Commercial Building with Warehouse

      7,500 sq ft commercial building with office and warehouse space.
      255 Rousseau Rd, Youngsville, LA 70592
      View Details
    • $6,450 /Mo
      9,050 SF

      Youngsville Industrial Space For Rent

      Well-maintained industrial building with office space and warehouse in Youngsville.
      107 Jersey Dr, Youngsville, LA 70592
      View Details
    • $22 SF/Yr
      4,410 SF

      Restaurant with Outdoor Seating

      4,410 SF restaurant with pick-up window and outdoor seating.
      2018 Chemin Metairie Pkwy, Youngsville, LA 70592
      View Details
    • $23 SF/Yr
      5,060 SF

      Prime Retail Space in Youngsville

      Retail and office spaces in a vibrant, growing community.
      120 Waterview Rd, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      13,500 SF

      New Retail Strip Center

      New retail center with drive-thru in growing Youngsville, LA.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail strip center in Youngsville, Louisiana, with versatile suites.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail center in growing area, multiple uses possible.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail center with drive-thru in Youngsville, Louisiana.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      1,500 SF

      New Retail Strip Center

      Newly constructed retail center with versatile suites in Youngsville, LA.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail center with versatile suites in growing area.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $27 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail center in Youngsville, LA with versatile suites.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • $29 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail suites suitable for various businesses in Youngsville, LA.
      615 Lafayette St, Youngsville, LA 70592
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail space in a growing Youngsville commercial center.
    Where is this retail space located?
    The property is located at 506 Lafayette St Youngsville, LA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail location in the Twin Oaks Shopping Center, near the heart of Youngsville, Louisiana.; - 1,035 SF +/- open showroom suitable for retail, service, or office space.; - Located in a growing retail corridor with high foot traffic and strong business synergy.
    (337) 262-7873
    Request Owner's contact information
    506 Lafayette St Youngsville, LA 70592
    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.
    506 Lafayette St
    Youngsville, LA 70592
    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
    506 Lafayette St Youngsville, LA 70592
    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

    We can help!
    Listing Contact
    Peyton Pharr
    (337) 262-7873
    Learn more
    Google sign-in failed. Please try again or use another login method.