Four-Suite Retail
For Sale
$735,000
107 Energy Parkway, Lafayette, LA 70508
Commercial Sale, Lafayette, LA
Property Size5,856 SF
Lot Size0.43 Acres
Price / SF$125.51
Days on Market193
Property Features for 107 Energy Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
26
Parking features
Parking Lot
Directions
Take Pinhook towards Broussard. Pass through Kaliste Saloom intersection and approximately 1 mile take a right turn on to Energy Parkway. Building will be on the left.
Subdivision
G1
Standard status
Active
APN
6094625
Size
5,856 SF
Lot size
0.43 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
SEC 50 T10S R4E (0.423 AC)(165.23X110X162.48X90X2.80X20) PAR OF GRO SEC 50 T10S R4E (0.012 AC)(5X110.71X5X110.71) (A/K/A ENERGY PARKWAY PH III)
Tax Annual Amount
4975
Legal Description
SEC 50 T10S R4E (0.423 AC)(165.23X110X162.48X90X2.80X20) PAR OF GRO SEC 50 T10S R4E (0.012 AC)(5X110.71X5X110.71) (A/K/A ENERGY PARKWAY PH III)
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Building materials
Concrete
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Joel Bacque · License #995684240
(337) 739-0425
Added: Apr 14
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2600003155
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 5,856-square-foot retail center sits on 0.43 acres and is arranged as four suites. Two tenants occupy the property: a professional office uses a suite of approximately 2,900 square feet, while an entertainment business occupies the other three suites as a combined space. The building has concrete construction, central heating and air conditioning, and a parking lot.
Located at 107 Energy Parkway in Lafayette, the property is near Kaliste Saloom Road and Pinhook Road. Professional offices, retail businesses, restaurants, and residential development are among the surrounding uses. Public water and public sewer serve the site.
Located at 107 Energy Parkway in Lafayette, the property is near Kaliste Saloom Road and Pinhook Road. Professional offices, retail businesses, restaurants, and residential development are among the surrounding uses. Public water and public sewer serve the site.
Key Highlights
- Four suites occupied by two tenants
- 5,856 square feet on 0.43 acres
- Approximately 2,900‑square‑foot suite used by a professional office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,637
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,352,740
$1.4M
Cap Rate 7%
$966,243
$966.2K
Cap Rate 9%
$751,522
$751.5K
Market Conditions
NOI Build-Up for 5,856 SF
Gross rent
$123.0K $21.00/SF
− Vacancy
−$14.8K −$2.52/SF
EGI
$108.2K $18.48/SF
− OpEx
−$40.6K −$6.93/SF
NOI
$67.6K $11.55/SF
Area
Lafayette, LA
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,352,740
Cap Rate 7%
$966,243
Cap Rate 9%
$751,522
Alternative Uses
Best Use
Retail
$1.01M
$887.8K – $1.18M
NOI $71,020 @ 7.0% cap · market cap 9.66%
Second Best
Mixed Use
$966.2K
$845.5K – $1.13M
NOI $67,637 @ 7.0% cap · market cap 9.20%
Theoretical Best
Office A
$1.38M
$1.21M – $1.62M
NOI $96,919 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,485
Businesses Nearby
Explore this area
Business Placement
Demographics for 70508, LA
40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Commercial-zoned property with on-site parking and two tenants occupying all four suites.
Where is this strip mall located?
The property is located at 107 Energy Parkway Lafayette, LA.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Four suites occupied by two tenants; 5,856 square feet on 0.43 acres; Approximately 2,900‑square‑foot suite used by a professional office
