Warehouse with Overhead
For Sale
$250,000
110 Gallier Street, Lafayette, LA 70506
Commercial Sale, Lafayette, LA
Property Size4,000 SF
Lot Size0.38 Acres
Price / SF$62.50
Days on Market53
Property Features for 110 Gallier Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
comm
Parking
15
Exterior features
OH Door 16 - 20 Ft
Subdivision
Elphege Roger
Directions
North on University, left on Cameron, left on Evelyn, Left on Gallier
Standard status
Active
APN
6055986
Size
4,000 SF
Lot size
0.38 Acres
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Tax Description
Lots 10 & 11 Elphege Roger sub
Legal Description
Lots 10 & 11 Elphege Roger sub
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Lucius A Hornsby · License #69258
(337) 344-9949
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 26 at 11:06PM
MLS# 2600008474
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.
Located at 110 Gallier Street in Lafayette, this 4,000-square-foot warehouse occupies a 0.38-acre site within an industrial district. The building features concrete flooring, a metal roof, and 2 overhead doors, including an exterior door in the 16–20 ft range. The property is identified with comm zoning and can accommodate uses such as light manufacturing, distribution, oilfield services, and flex storage space.
The site is near Ambassador Caffery and I-10, providing access to established commercial corridors and regional transportation routes. A large parking area supports vehicle parking and on-site maneuverability for warehouse or service-oriented operations.
The site is near Ambassador Caffery and I-10, providing access to established commercial corridors and regional transportation routes. A large parking area supports vehicle parking and on-site maneuverability for warehouse or service-oriented operations.
Key Highlights
- 4,000‑square‑foot warehouse on a 0.38‑acre site
- 2 overhead doors, including an OH Door 16 - 20 Ft
- Industrial‑district setting near Ambassador Caffery and I‑10
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,917
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,340
$458.3K
Cap Rate 7%
$327,386
$327.4K
Cap Rate 9%
$254,633
$254.6K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$28.3K $7.08/SF
− Vacancy
−$1.4K −$0.34/SF
EGI
$27.0K $6.74/SF
− OpEx
−$4.0K −$1.01/SF
NOI
$22.9K $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%
$458,340
Cap Rate 7%
$327,386
Cap Rate 9%
$254,633
Alternative Uses
Best Use
Warehouse
$327.4K
$286.5K – $382.0K
NOI $22,917 @ 7.0% cap · market cap 9.17%
Second Best
Industrial
$269.6K
$235.9K – $314.5K
NOI $18,872 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$945.7K
$827.5K – $1.10M
NOI $66,202 @ 7.0% cap · market cap 26.48%
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
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
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
- EZ R.V.-Boat Storage — Mailing address: see website, 1900 Eraste Landry Rd, Lafayette, LA 70506
- Louisiana Moving Company — 312 Wall St, Lafayette, LA 70506
- Bertrand Storage Units — 1760 Bertrand Dr, Lafayette, LA 70506
- Acadiana Public Warehouse - Dry and Cold Storage — 116 Alley 3, Lafayette, LA 70506
- U-Pack — 1038 Walker Rd, Lafayette, LA 70506
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial-district warehouse with concrete flooring, metal roofing, and space suited to storage or light industrial operations.
Where is this warehouse located?
The property is located at 110 Gallier Street Lafayette, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4,000‑square‑foot warehouse on a 0.38‑acre site; 2 overhead doors, including an OH Door 16 - 20 Ft; Industrial‑district setting near Ambassador Caffery and I‑10
