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    1043 Johnston St Lafayette, LA 70501

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    For Lease
    $3,500 /Mo ($16 SF/Yr)

    Corner property near the University of Louisiana with equipped kitchen.

    Property size:
    2,549 SF
    Lot size:
    2,549 SF

    Property Features for 1043 Johnston St

    General Information

    Size
    2,549 SF

    Source: Flo Meadows, CCIM, CPA Agent Flo Meadows, CCIM, CPA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near University

    This commercial space offers approximately 2,549 square feet and is situated on the corner of Johnston Street and General Mouton Avenue. The property is located less than a quarter mile from the University of Louisiana and near Downtown Lafayette. It features a partially equipped kitchen. The location benefits from an average daily traffic volume of 23,000. The property is positioned on the parade route for Mardi Gras season.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.017876
    Latitude
    30.2186385

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    FAQs

    What type of property is this?
    Retail space - Corner property near the University of Louisiana with equipped kitchen.
    Where is this retail space located?
    The property is located at 1043 Johnston St Lafayette, LA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Corner location on Johnston Street & General Mouton Avenue; - Located less than a quarter mile from the University of Louisiana; - Near Downtown Lafayette
    (337) 258-2301
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    1043 Johnston St Lafayette, LA 70501
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    Lafayette, LA 70501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1043 Johnston St Lafayette, LA 70501
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