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    2005 NW Evangeline Thruway Lafayette, LA

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    For Lease
    $10 SF/Yr ($10,708 /Mo)

    Retail space available in a recently renovated shopping center.

    Property size:
    12,850 SF
    Lot size:
    11.35 Acres

    Property Features for 2005 NW Evangeline Thruway

    General Information

    Size
    12,850 SF
    Lot size
    11.35 Acres

    Source: TCP Realty Services Agent Rubin Kremling

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

    Overview

    Lafayette Shopping Center Retail Space

    Located off Evangeline Throughway in Lafayette, Louisiana, Parkway Plaza is a shopping center with a variety of tenants, including Sears Outlet, It’s Fashion, Citi Trends, Dollar Tree, Sally Beauty, and Western Union. The property has been recently renovated and stabilized. It features prime frontage, two large pylon signs, and a billboard on Highway 167, which experiences high traffic, near Interstate 10. The center is easily accessible via Highway 167 and is surrounded by 10 hotels and several national retailers, including Walmart Supercenter, Home Depot, DD’s Discount, Super1Foods, and CVS Pharmacy. Available spaces offer approximately 12,850 square feet of retail area.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Map

    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.06
    Latitude
    30.17

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a recently renovated shopping center.
    Where is this shopping center located?
    The property is located at 2005 NW Evangeline Thruway Lafayette, LA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Prime frontage on highly-trafficked Highway 167.; - Recently renovated and stabilized shopping center.; - Easily accessible location near Interstate 10.
    (713) 243-6850
    Request Owner's contact information
    2005 NW Evangeline Thruway Lafayette, LA
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    Lafayette, LA
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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
    2005 NW Evangeline Thruway Lafayette, LA
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