Industrial Facility with Bridge
For Sale
$6,435,000
110 Consolidated Drive, Lafayette, LA 70508
Commercial Sale, Lafayette, LA
Property Size64,208 SF
Lot Size11.92 Acres
Price / SF$100.22
Days on Market131
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
Subdivision
Tideland Ind Park
Lot features
Level
Directions
From the intersection of Southpark Rd. and Pinhook travel on Southpark Road headed towards Hwy. 90. Turn right on Tideland. The facility starts at the Y where Tideland Rd. turns into Consolidation Dr.
Standard status
Active
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);
Legal 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
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Amenities
overhead doors
bridge cranes
laydown yard
Building Details
Floors in Building
2
Flooring type
Tile
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Brennan Billeaud · License #0000069755
(337) 654-2591
Added: Jun 9
Changed: Oct 8
Last Checked: Oct 17 at 5:06PM
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.
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Investment Insights
Based on property information with market context.
The industrial property comprises 64,208 SF across three buildings and a separate laydown yard. The main campus at 110 Consolidated Drive contains 41,208 SF, including 15,032 SF of office and 26,176 SF of warehouse space, on 7.2 acres. It has seven overhead doors, six 5-ton bridge cranes, and 21-foot hook height; construction dates are 2002 and 2007. Public sewer, water, and electric serve the campus, which is zoned IL within Lafayette city limits.
Building 4 at 412 Tideland Road contains 7,500 SF, with 2,000 SF of office and 5,500 SF of warehouse, two 2-ton bridge cranes, and two overhead doors. Building 5 at 318 Tideland Road totals 15,500 SF, including 1,190 SF of office and 14,310 SF of warehouse. It has three 5-ton and one 7.5-ton bridge cranes, three overhead doors, and 11-foot hook height. Both buildings are insulated and have ductwork for warehouse AC, though the AC units have been removed. The 2.788-acre stabilized, fenced laydown yard is at 129 and 133 Boyce Street.
Building 4 at 412 Tideland Road contains 7,500 SF, with 2,000 SF of office and 5,500 SF of warehouse, two 2-ton bridge cranes, and two overhead doors. Building 5 at 318 Tideland Road totals 15,500 SF, including 1,190 SF of office and 14,310 SF of warehouse. It has three 5-ton and one 7.5-ton bridge cranes, three overhead doors, and 11-foot hook height. Both buildings are insulated and have ductwork for warehouse AC, though the AC units have been removed. The 2.788-acre stabilized, fenced laydown yard is at 129 and 133 Boyce Street.
Key Highlights
- 64,208 SF across three industrial buildings
- Main campus: 41,208 SF on 7.2 acres, with 15,032 SF of office and 26,176 SF of warehouse
- Main campus features seven overhead doors and six 5‑ton bridge cranes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$367,856
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,357,120
$7.4M
Cap Rate 7%
$5,255,086
$5.3M
Cap Rate 9%
$4,087,289
$4.1M
Market Conditions
NOI Build-Up for 64,208 SF
Gross rent
$454.6K $7.08/SF
− Vacancy
−$21.8K −$0.34/SF
EGI
$432.8K $6.74/SF
− OpEx
−$64.9K −$1.01/SF
NOI
$367.9K $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%
$7,357,120
Cap Rate 7%
$5,255,086
Cap Rate 9%
$4,087,289
Alternative Uses
Best Use
Warehouse
$5.26M
$4.60M – $6.13M
NOI $367,856 @ 7.0% cap · market cap 5.72%
Second Best
Industrial
$4.33M
$3.79M – $5.05M
NOI $302,941 @ 7.0% cap · market cap 4.71%
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Well-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
- Southpark Self Storage — 3540 W Pinhook Rd, Lafayette, LA 70508
- AAA U-Store-UM — 3515 Hwy 90 E, Broussard, LA 70518
- All American Transfer And Storage — 120 Southpark Rd, Lafayette, LA 70508
- Acadiana Movers — 120 Southpark Rd, Lafayette, LA 70508
Frequently Asked Questions
What type of property is this?
Warehouse - Multiple warehouse buildings and a stabilized, fenced laydown yard serve industrial operations.
Where is this warehouse 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 across three industrial buildings; Main campus: 41,208 SF on 7.2 acres, with 15,032 SF of office and 26,176 SF of warehouse; Main campus features seven overhead doors and six 5‑ton bridge cranes
