Office-Warehouse Flex
New
For Sale
$385,000
107 Row 2, Lafayette, LA 70508
Commercial Sale, Lafayette, LA
Property Size4,240 SF
Lot Size0.63 Acres
Price / SF$90.80
Days on Market2
Property Features for 107 Row 2
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IH
Directions
From W. Pinhook Rd, turn onto Turn Row into Canebrake Commercial and Business Park, then right onto Row 2. The property is on the right.
Subdivision
O
Standard status
Active
APN
6050634
Size
4,240 SF
Lot size
0.63 Acres
Taxes and HOA fees
Tax Description
LOT 41B, CANEBRAKE COMMERCIAL AND BUSINESS PARK, (100 X 231.87 X 137.53), LAFAYETTE PARISH, LA.
Legal Description
LOT 41B, CANEBRAKE COMMERCIAL AND BUSINESS PARK, (100 X 231.87 X 137.53), LAFAYETTE PARISH, LA.
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Building materials
Brick, Metal Siding
Listing Agency:
Scout Real Estate Co.
(337) 443-0880
Listed By:
Braxton Higginbotham · License #9957099385
(337) 501-6457
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2600009955
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.
This flex property combines 1,760 square feet of finished office area with 2,480 square feet of warehouse space, totaling approximately 4,240 square feet. Brick and metal siding frame the building, with central heating and central air. The 0.63-acre parcel is served by public water and public sewer, and the property is zoned IH.
The property is in Canebrake Commercial and Business Park, one turn from W. Pinhook Road and minutes from Highway 90 and the future I-49. An adjacent property at 109 Row 2 is also available; together, the two sites total 2.11 acres.
The property is in Canebrake Commercial and Business Park, one turn from W. Pinhook Road and minutes from Highway 90 and the future I-49. An adjacent property at 109 Row 2 is also available; together, the two sites total 2.11 acres.
Key Highlights
- Approximately 4,240 square feet total: 1,760 square feet of finished office and 2,480 square feet of warehouse
- 0.63‑acre site zoned IH
- Located in Canebrake Commercial and Business Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,292
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,840
$485.8K
Cap Rate 7%
$347,029
$347.0K
Cap Rate 9%
$269,911
$269.9K
Market Conditions
NOI Build-Up for 4,240 SF
Gross rent
$30.0K $7.08/SF
− Vacancy
−$1.4K −$0.34/SF
EGI
$28.6K $6.74/SF
− OpEx
−$4.3K −$1.01/SF
NOI
$24.3K $5.73/SF
Area
Lafayette, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,840
Cap Rate 7%
$347,029
Cap Rate 9%
$269,911
Alternative Uses
Best Use
Warehouse
$347.0K
$303.7K – $404.9K
NOI $24,292 @ 7.0% cap · market cap 6.31%
Second Best
Industrial
$285.8K
$250.1K – $333.4K
NOI $20,005 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.00M
$877.2K – $1.17M
NOI $70,174 @ 7.0% cap · market cap 18.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bateman Food & Nutrition — 3155 W Pinhook Rd, Lafayette, LA 70508
Frequently Asked Questions
What type of property is this?
Flex space - A balanced office and warehouse layout sits on an IH-zoned site in an established commercial park.
Where is this flex space located?
The property is located at 107 Row 2 Lafayette, LA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Approximately 4,240 square feet total: 1,760 square feet of finished office and 2,480 square feet of warehouse; 0.63‑acre site zoned IH; Located in Canebrake Commercial and Business Park
