Turnkey Industrial
116 Eunice St Lafayette, LA 70508
For Sale
$776,000
Turnkey industrial building with climate-controlled warehouse and office space, loading dock, and updated electrical and insulation.
Property Size9,700 SF
Price / SF$80
Days on Market14
Property Features for 116 Eunice St
General Information
Standard status
Active
Size
9,700 SF
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 501-9325
Listed By:
Deanna Saizon · License #0995690261
(337) 501-9325
Source:
Exprealty
Added: Jul 17
Changed: Jul 28
Last Checked: Jul 29 at 3:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Trahan Real Estate Group
Investment Insights
Based on property information with market context.
Turnkey industrial warehouse with climate-controlled space, offering a practical blend of office and warehouse functionality. The building includes approximately 700 square feet of office space and about 9,000 square feet of warehouse space within a total building area of 9,700 square feet. The layout features a loading dock with a roll-up door for shipping and receiving, two restrooms, and a full kitchen/break area. Heating and cooling are provided throughout the entire building, supporting year-round operations.
The property is located at 116 Eunice St, Lafayette, LA, and is offered as a move-in-ready option with extensive updates. Improvements noted include updated electrical, new insulation throughout the building, and fresh interior paint. The open warehouse layout is designed to support flexible operations and future customization for a range of commercial uses.
The property is located at 116 Eunice St, Lafayette, LA, and is offered as a move-in-ready option with extensive updates. Improvements noted include updated electrical, new insulation throughout the building, and fresh interior paint. The open warehouse layout is designed to support flexible operations and future customization for a range of commercial uses.
Key Highlights
- 9,700 SF industrial/commercial building with approx. 700 SF office and 9,000 SF warehouse space
- Climate‑controlled heating and cooling throughout the entire 9,700 SF
- Loading dock with roll‑up door for shipping and receiving
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 | $68.7k | $7.08 |
| − Vacancy | −$3.3k | −$0.34 |
| EGI | $65.4k | $6.74 |
| − OpEx | −$9.8k | −$1.01 |
| NOI | $55.6k | $5.73 |
9,700 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.88M
NOI $112,879 @ 7.0% cap · market cap 14.55%
Second Best
Warehouse
$793.9K
$694.7K – $926.2K
NOI $55,573 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,539 @ 7.0% cap · market cap 20.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Firehouse Subs Kaliste Saloom — 104 E Kaliste Saloom Rd #109, Lafayette, LA 70508
Frequently Asked Questions
What type of property is this?
Flex space - Turnkey industrial building with climate-controlled warehouse and office space, loading dock, and updated electrical and insulation.
Where is this flex space located?
The property is located at 116 Eunice St Lafayette, LA.
What is the asking price?
The asking price for this property is $776,000.
What are key features of this property?
This property features: 9,700 SF industrial/commercial building with approx. 700 SF office and 9,000 SF warehouse space; Climate‑controlled heating and cooling throughout the entire 9,700 SF; Loading dock with roll‑up door for shipping and receiving
