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    212 SW Evangeline Thruway Lafayette, LA

    For Lease
    $1,950 /Mo ($21 SF/Yr)

    Restaurant space with drive-thru, ample parking, and existing equipment.

    Property size:
    1,080 SF
    Lot size:
    0.30 Acres

    Property Features for 212 SW Evangeline Thruway

    General Information

    Size
    1,080 SF
    Lot size
    0.30 Acres

    Source: The Gleason Group Agent Caitlyn B Williams

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

    Overview

    Restaurant Space with Drive-Thru

    This restaurant space offers an opportunity to establish a restaurant with visibility and high traffic. The property features approximately 1,080 square feet of space and ample parking. A drive-thru feature allows for customer service. All existing furniture, fixtures, and equipment (FFE) currently present in the restaurant will remain with the property and be available for use by the new tenant in as-is condition. The property is located at 212 SW Evangeline Thruway in Lafayette, LA.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Similar Places Nearby

    Audrey's Catering Services, ESS Support Services Worldwide

    Map

    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.06
    Latitude
    30.17

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with drive-thru, ample parking, and existing equipment.
    Where is this restaurant located?
    The property is located at 212 SW Evangeline Thruway Lafayette, LA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - High visibility and traffic location ideal for a restaurant.; - Includes existing restaurant fixtures, furniture, and equipment (FFE).; - Features a drive-thru for customer convenience.
    (337) 278-2048
    Request Owner's contact information
    212 SW 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
    212 SW Evangeline Thruway Lafayette, LA
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