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    5801 Johnston St Lafayette, LA 70503

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    For Sale
    $3,800,000

    Former restaurant with fixtures, furniture, and equipment included in sale.

    Property size:
    8,930 SF
    Lot size:
    2.12 Acres

    Property Features for 5801 Johnston St

    General Information

    Size
    8,930 SF
    Lot size
    2.12 Acres

    Source: Stirling | Lafayette Agent Rankin Bihm

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

    Overview

    Former Restaurant in High-Traffic Area

    This is a former restaurant property located in a high-traffic area of Lafayette. The location benefits from an average of 26,000 vehicles per day based on 2025 ADT data. The property offers excellent visibility and easy access to Johnston Street and Target Loop Access Road. The building size is 8,930 square feet. Fixtures, furniture, and equipment are included in the sale. The property is situated near retailers such as Rouses, Brookshires (Super 1), Home Depot, Lowe's, Best Buy, T.J. Maxx, Michaels, Home Furniture, and Five Below, as well as restaurants including Olive Garden, Texas Roadhouse, Starbucks, Fat Pat's Bar & Grill, and Dutch Bros. This location is suitable for a second-generation restaurant group.
    Location Intelligence

    Current Use by Public Records

    Twin Peaks Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0803605
    Latitude
    30.1708733

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with fixtures, furniture, and equipment included in sale.
    Where is this restaurant located?
    The property is located at 5801 Johnston St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility (26,000 +/- vehicles per day).; - Includes all fixtures, furniture, and equipment.; - New construction.
    (337) 384-6979
    Request Owner's contact information
    5801 Johnston St Lafayette, LA 70503
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    Lafayette, LA 70503
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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
    5801 Johnston St Lafayette, LA 70503
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