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    1229 Northwest Evangeline Trwy Lafayette, LA 70501

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    For Lease
    $5,500,000

    Heated and cooled flex space in an Opportunity Zone.

    Property size:
    100,000 SF
    Lot size:
    23.87 Acres

    Property Features for 1229 Northwest Evangeline Trwy

    General Information

    Size
    100,000 SF
    Lot size
    23.87 Acres

    Source: Stirling | Lafayette Agent Charles Cornay

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

    Overview

    Lafayette Industrial Flex Space Available

    This industrial flex space is located in an Opportunity Zone. The building, which is heated and cooled, offers fiber Gigabit internet connectivity. It can be subdivided into spaces ranging from 10,000 to 100,000 square feet. The dimensions of the space are approximately 310 feet by 325 feet, creating a roughly square layout. The property is suitable for industrial and flex space purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Sunset Slush Acadiana, Shelby's Kitchen, Candlelight Catering

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.01376
    Latitude
    30.238882

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    FAQs

    What type of property is this?
    Flex space - Heated and cooled flex space in an Opportunity Zone.
    Where is this flex space located?
    The property is located at 1229 Northwest Evangeline Trwy Lafayette, LA.
    What are key features of this property?
    This property features: - Located in an Opportunity Zone; - Building can be subdivided into **10,000 and 100,000 square foot increments**; - Heated and cooled building
    (337) 234-4481
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    1229 Northwest Evangeline Trwy 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
    1229 Northwest Evangeline Trwy Lafayette, LA 70501
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