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

    615 Lafayette St, Unit 10 Youngsville, LA 70592

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Youngsville, LA

    Property size:
    13,500 SF
    Lot size:
    0.60 Acres
    Days on Market:
    53
    Last Refresh:
    Feb 26 at 2:06 pm

    Property Features for 615 Lafayette St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    CM-1 (COMMERCIA
    APN
    6151254
    Parking
    89
    Parking features
    Off Street, Parking Lot
    Exterior features
    Door Sign
    Size
    13,500 SF
    Lot size
    0.60 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Jake Zimmerman
    Jake Zimmerman

    Scout Real Estate Company (337) 501-6457

    Listing agent Jake Zimmerman License #995715702

    Listing date Jan 5, 2026

    MLS# 2500004642

    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

    New Retail Strip Center

    This newly constructed retail strip center is located in Youngsville, LA. The center features 9 versatile suites with the option to combine multiple suites. Suite #1 includes drive-thru access, making it ideal for coffee, QSR, or other high-traffic concepts. The property is perfect for retail, office, medical, or food service-oriented businesses. Situated in one of Acadiana's fastest-growing areas, the center offers excellent visibility and access, along with ample parking and strong surrounding residential growth. The modern design provides both functionality and curb appeal. The property size is 13,500 square feet, situated on a 0.6-acre lot. The zoning is CM-1 (COMMERCIA).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -91.990983
    Latitude
    30.106777

    Nearby Similar for Lease

    • New
      Contact for pricing
      1,393 SF

      Retail Space in Fortune Plaza

      Retail space for lease in Youngsville's Fortune Plaza.
      814 Fortune Rd, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in growing area, versatile suites available.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in Youngsville, perfect for diverse businesses.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in Youngsville, perfect for diverse businesses.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail strip center in Youngsville, LA for lease.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in Youngsville, LA, with versatile suites.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in Youngsville, LA with drive-thru access.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in growing area, versatile suites available.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center in Youngsville, LA with versatile suites.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,500 SF

      New Retail Strip Center

      New retail center with drive-thru in Youngsville, Louisiana.
      615 Lafayette St, Youngsville, LA 70592
      View Details
    • Contact for pricing
      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
    • Contact for pricing
      9,050 SF

      Commercial Property in Youngsville, LA

      Well-maintained commercial building with office and warehouse space for rent.
      107 Jersey Dr, Youngsville, LA 70592
      View Details

    FAQs

    What type of property is this?
    Strip mall - New retail strip center in Youngsville, LA for lease.
    Where is this strip mall located?
    The property is located at 615 Lafayette St, Unit 10 Youngsville, LA.
    What are key features of this property?
    This property features: - Brand new retail strip center in Youngsville, LA, one of Acadiana's fastest-growing areas.; - Versatile suites suitable for retail, office, medical, or food service businesses; option to combine multiple suites.; - Suite #1 includes drive-thru access, ideal for high-traffic businesses.
    (337) 781-9733
    Request Owner's contact information
    615 Lafayette St, Unit 10 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.
    615 Lafayette St, Unit 10
    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
    615 Lafayette St, Unit 10 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
    Jake Zimmerman
    Jake Zimmerman
    Real Estate License ID: 995715702
    (337) 781-9733 (337) 443-0880 (337) 501-6457
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!