Industrial Warehouse with Office &
116 Eunice Street Lafayette, LA 70508
New
116 Eunice Street, Lafayette, LA, 70508
$776,000
For Sale
$776,000
COMMERCIAL - Lafayette, LA
Property Size9,700 SF
Lot Size0.80 Acres
Price / SF$80
Days on Market3
Property Features for 116 Eunice Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- BG
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Parking Lot, Off Street
- Security features
- Security System
- Exterior features
- Door Sign, Loading Dock/Well, OH Door 16 - 20 Ft
- Standard status
- Active
- APN
- 6158090
- Size
- 9,700 SF
- Lot size
- 0.80 Acres
Taxes and HOA fees
- Tax Description
- LOT 1B SEC 50 T10S R4E (0.799 AC) (100.48X343.82X99.89X351.93)
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete, Wood
- Roof type
- Metal
Listing Agency
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
325 Settlers Trace Ste 100, Lafayette, LA
Listed by
Deanna Saizon · License #0995690261
(337) 501-9325
Added: Jul 16 Checked: Jul 18 at 7:06 am
MLS# 2600006583
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.
Turnkey industrial warehouse with climate-controlled space, combining office and warehouse functionality in a single 9,700-square-foot building. The property includes approximately 700 square feet of office space and 9,000 square feet of warehouse area with an open layout. Built for practical day-to-day operations, it features a loading dock with a roll-up door, two restrooms, and a full kitchen/break area. Heating and cooling are provided throughout the entire building.
Located at 116 Eunice Street in Lafayette, the property sits on approximately 0.8 acres and is listed under zoning BG.
Recent updates are noted to help reduce near-term capital needs, including updated electrical, new insulation throughout the building, and fresh interior paint. The configuration and condition make it suitable for owner-occupants and investors seeking a move-in-ready industrial/commercial facility.
Located at 116 Eunice Street in Lafayette, the property sits on approximately 0.8 acres and is listed under zoning BG.
Recent updates are noted to help reduce near-term capital needs, including updated electrical, new insulation throughout the building, and fresh interior paint. The configuration and condition make it suitable for owner-occupants and investors seeking a move-in-ready industrial/commercial facility.
Key Highlights
- 9,700 SF industrial/commercial building with approx. 700 SF office and 9,000 SF warehouse
- Heating and cooling throughout the entire 9,700 SF
- Loading dock with roll‑up door (OH door 16–20 ft) for shipping and receiving
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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Similar Off Market Nearby
- Firehouse Subs Kaliste Saloom — 104 E Kaliste Saloom Rd #109, Lafayette, LA 70508
FAQs
What type of property is this?
Flex space - Turnkey industrial building with office space, climate-controlled warehouse, and loading dock with roll-up door.
Where is this flex space located?
The property is located at 116 Eunice Street 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; Heating and cooling throughout the entire 9,700 SF; Loading dock with roll‑up door (OH door 16–20 ft) for shipping and receiving
