Multi-Building Industrial
110 Consolidated Drive Lafayette, LA 70508
For Sale
$6,435,000
Pending
COMMERCIAL - Lafayette, LA
Property Size64,208 SF
Lot Size11.92 Acres
Days on Market48
Property Features for 110 Consolidated Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- IL
- Parking
- 50
- Exterior features
- Fully Fenced, OH Door 16 - 20 Ft, Outside Storage, Stabilized Yard Base
- Fencing
- Full
- Standard status
- Pending
- APN
- 6044268
- Size
- 64,208 SF
- Lot size
- 11.92 Acres
Taxes and HOA fees
- Tax Description
- LOT 4 TIDELAND INDUSTRIAL PARK PHASE 2 (3.330 acs); LOT 1 TIDELAND INDUSTRIAL PARK PHASE I (2 AC); LOT 2 TIDELAND INDUSTRIAL PARK PHASE I LOTS 2 & 3 1.87 acres; LOT 3 BUGLE REALTY PARK (1.394 AC)(132X460); LOT 4 BUGLE REALTY PARK (1.394 AC) (132X460);
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
Building Details
- Floors in Building
- 2
- Flooring type
- Tile
- Roof type
- Metal
- Additional Structures
- Storage
Listing Agency:
Compass
(337) 233-9700
Listed By:
Brennan Billeaud · License #0000069755
(337) 654-2591
Added: Jun 9
Changed: Jul 25
Last Checked: Jul 26 at 8:06AM
MLS# 2600005131
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.
Investment Insights
Based on property information with market context.
A multi-building industrial facility totaling 64,208 SF, built in phases (2002 and 2007), with a mix of office and warehouse space across three buildings. The main campus includes 41,208 SF with 15,032 SF of office and 26,176 SF of warehouse, along with seven overhead doors and 26' and 18' eave heights. It is supported by LUS sewer, water, and electric, and includes six 5-ton bridge cranes with a 21' hook height.
Building 4 includes 7,500 SF with 2,000 SF office and 5,500 SF warehouse on 1.04 acres. Building 5 totals 15,500 SF with 1,190 SF office and 14,310 SF warehouse on 0.89 acres, including multiple bridge cranes and 11' hook heights. Both warehouse buildings are insulated and have duct work for AC, with the AC taken out, and they include overhead doors and eave height details as described in the listing.
An additional stabilized, fenced laydown yard is included on 2.788 acres. The campus includes flood zone designations of X, A, and floodway and is zoned IL, with the main campus located within the city limits of Lafayette and Buildings 4 and 5 located in unincorporated Lafayette Parish.
Building 4 includes 7,500 SF with 2,000 SF office and 5,500 SF warehouse on 1.04 acres. Building 5 totals 15,500 SF with 1,190 SF office and 14,310 SF warehouse on 0.89 acres, including multiple bridge cranes and 11' hook heights. Both warehouse buildings are insulated and have duct work for AC, with the AC taken out, and they include overhead doors and eave height details as described in the listing.
An additional stabilized, fenced laydown yard is included on 2.788 acres. The campus includes flood zone designations of X, A, and floodway and is zoned IL, with the main campus located within the city limits of Lafayette and Buildings 4 and 5 located in unincorporated Lafayette Parish.
Key Highlights
- 64,208 SF industrial facility on 11.9 acres near Hwy. 90 between Lafayette and Broussard.
- Main campus (110 Consolidated Dr.): 41,208 SF on 7.2 acres with 15,032 SF office and 26,176 SF warehouse.
- Main campus features 7 overhead doors, 21' hook height, and 26 & 18' eve heights plus 6 bridge cranes.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $454.6k | $7.08 |
| − Vacancy | −$21.8k | −$0.34 |
| EGI | $432.8k | $6.74 |
| − OpEx | −$64.9k | −$1.01 |
| NOI | $367.9k | $5.73 |
64,208 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$10.67M
$9.34M – $12.45M
NOI $747,188 @ 7.0% cap · market cap 11.61%
Second Best
Warehouse
$5.26M
$4.60M – $6.13M
NOI $367,856 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$15.18M
$13.28M – $17.71M
NOI $1,062,668 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial campus with warehouse space, overhead doors, bridge cranes, and dedicated office areas on 11.9 acres.
Where is this flex space located?
The property is located at 110 Consolidated Drive Lafayette, LA.
What is the asking price?
The asking price for this property is $6,435,000.
What are key features of this property?
This property features: 64,208 SF industrial facility on 11.9 acres near Hwy. 90 between Lafayette and Broussard.; Main campus (110 Consolidated Dr.): 41,208 SF on 7.2 acres with 15,032 SF office and 26,176 SF warehouse.; Main campus features 7 overhead doors, 21' hook height, and 26 & 18' eve heights plus 6 bridge cranes.
