Car Wash on Commercial
For Sale
$299,900
110 Inez Lane, Lafayette, LA 70506
Commercial Sale, Lafayette, LA
Property Size1,500 SF
Lot Size0.72 Acres
Price / SF$199.93
Days on Market75
Property Features for 110 Inez Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
Go south on Johnston toward Ambassador Caffery then take a right on Ambassador then a left on to Inez Lane. Property will be on the right.
Subdivision
G3
Standard status
Active
APN
6067358
Size
1,500 SF
Lot size
0.72 Acres
Additional Details
Real Estate Included
Yes
Automotive Uses
car wash
Taxes and HOA fees
Tax Description
LOT 2 SEC 8 T10S R4E (.72 AC)(250X125.30) Sect/Twp/Range 8/ 10/ 4
Tax Annual Amount
3500
Legal Description
LOT 2 SEC 8 T10S R4E (.72 AC)(250X125.30) Sect/Twp/Range 8/ 10/ 4
Utilities
Sewer type
Private Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Zoned
Water source
Public
Building Details
Flooring type
Concrete
Building materials
Brick, Concrete
Roof type
Metal
Buildings
1
Listing Agency:
Epique Realty
(888) 893-3537
Listed By:
Kiwi Bautista · License #0995705799
(337) 706-4445
Added: Aug 10
Changed: Oct 23
Last Checked: Oct 23 at 1:06PM
MLS# 2600007368
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An operating car wash occupies an approximately 1,500-square-foot structure on a 0.72-acre parcel. The building has brick and concrete construction, concrete flooring, a metal roof, and zoned cooling. The remaining portion of the site is undeveloped. Public water and private sewer serve the property, which is designated Flood Zone X.
The parcel measures approximately 250 feet by 125.3 feet and is located at 110 Inez Lane in Lafayette. Nearby businesses along Ambassador Caffery Parkway include Murphy USA, Starbucks, and KOK Wings and Things.
The parcel measures approximately 250 feet by 125.3 feet and is located at 110 Inez Lane in Lafayette. Nearby businesses along Ambassador Caffery Parkway include Murphy USA, Starbucks, and KOK Wings and Things.
Key Highlights
- Existing car wash in an approximately 1,500‑square‑foot structure
- 0.72‑acre parcel with an undeveloped portion
- Approximate site dimensions: 250' by 125.3'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,491
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,820
$389.8K
Cap Rate 7%
$278,443
$278.4K
Cap Rate 9%
$216,567
$216.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$28.3K $18.84/SF
− Vacancy
−$2.3K −$1.51/SF
EGI
$26.0K $17.33/SF
− OpEx
−$6.5K −$4.33/SF
NOI
$19.5K $12.99/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,820
Cap Rate 7%
$278,443
Cap Rate 9%
$216,567
Alternative Uses
Best Use
Specialty Retail
$278.4K
$243.6K – $324.9K
NOI $19,491 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$259.9K
$227.4K – $303.2K
NOI $18,192 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$354.7K
$310.3K – $413.8K
NOI $24,826 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
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
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?
Car wash - An existing wash facility occupies part of a commercially zoned site, with undeveloped land alongside.
Where is this car wash located?
The property is located at 110 Inez Lane Lafayette, LA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Existing car wash in an approximately 1,500‑square‑foot structure; 0.72‑acre parcel with an undeveloped portion; Approximate site dimensions: 250' by 125.3'
