Lafayette Commercial Building For
1203 Cameron Street Lafayette, LA 70501
1203 Cameron Street, Lafayette, LA, 70501
$169,900
For Sale
$169,900
COMMERCIAL - Lafayette, LA
Property Size2,200 SF
Lot Size0.35 Acres
Price / SF$77.23
Days on Market120
Property Features for 1203 Cameron Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CM-1
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, Off Street
- Exterior features
- Fully Fenced, OH Door 10 - 15 Ft
- Fencing
- Full
- Standard status
- Active
- APN
- 6172663 & 6172664
- Size
- 2,200 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Description
- W 21FT LOT 11 & E 30FT LOT 12 BLK 6 VORDENBAUMEN ADD (51X37.9X125X127.4)
Utilities
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Stucco
- Roof type
- Metal
Listing Agency
Dream Home Realty, LLC
(337) 385-1187
234 Rue Beauregard, Suite 204, Lafayette, LA
Listed by
Billy Pritchard · License #995715487
(337) 319-1544
Added: Mar 20 Checked: Jul 17 at 10:06 am
MLS# 2600002291
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial/industrial building, situated in a high-traffic commercial corridor, offers approximately 2,200 square feet of space. The building includes an office, half bath, and kitchenette. A large open work area of about 2,000 square feet features built-in workbench space, shelving, and a dedicated mud sink. Recent improvements include a freshly painted exterior and roof, updated stucco front, interior LED lighting, exterior dusk-to-dawn security lights, and a 14' roll-up door with new 3' entry door. Plumbing and bathroom fixtures have also been updated. The property includes an additional side lot suitable for equipment storage or extra parking. The site is fully fenced with two 10-foot gates and features limestone and concrete surfaces throughout. The property is located on Cameron Street and has approximately 125 feet of frontage. The lot size is 0.35 acres. This versatile property is well suited for a variety of commercial or industrial uses.
Key Highlights
- High‑traffic location with 125 feet of frontage on Cameron Street.
- Large 2,000 sq ft open work area with built‑in workbench, shelving, and mud sink.
- Recent improvements including painted exterior/roof, stucco front, LED lighting, security lights, and updated plumbing/fixtures.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.6k | $7.08 |
| − Vacancy | −$748 | −$0.34 |
| EGI | $14.8k | $6.74 |
| − OpEx | −$2.2k | −$1.01 |
| NOI | $12.6k | $5.73 |
2,200 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$180.1K
$157.6K – $210.1K
NOI $12,604 @ 7.0% cap · market cap 7.42%
Second Best
Industrial
$148.3K
$129.8K – $173.0K
NOI $10,380 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$520.2K
$455.1K – $606.9K
NOI $36,411 @ 7.0% cap · market cap 21.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Jump In The Bayou LLC — 1506 Cameron St, Lafayette, LA 70501
- G Dogs Mobile Cafe — 500 Jasmine St, Lafayette, LA 70506
- Candlelight Catering — 210 N Magnolia St, Lafayette, LA 70501
FAQs
What type of property is this?
Flex space - Well-located commercial/industrial building in high-traffic area with many recent improvements.
Where is this flex space located?
The property is located at 1203 Cameron Street Lafayette, LA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: High‑traffic location with 125 feet of frontage on Cameron Street.; Large 2,000 sq ft open work area with built‑in workbench, shelving, and mud sink.; Recent improvements including painted exterior/roof, stucco front, LED lighting, security lights, and updated plumbing/fixtures.
