Drive-Through
For Sale
$420,000
1322 Moss Street, Lafayette, LA 70501
Furniture, fixtures, and equipment accompany the currently operating restaurant.
Property Size2,295 SF
Price / SF$183.01
Days on Market16
Property Features for 1322 Moss Street
General Information
Standard status
Active
Size
2,295 SF
Additional Details
Furnished
Yes
Drive-Thru
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$3,571
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Yanli Foshee · License #0995695988
(337) 789-7066
Source:
Exprealty
Added: Oct 16
Changed: Oct 30
Last Checked: Oct 30 at 3:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1322 Moss Street in Lafayette, this operating restaurant has a drive-through. The property includes its furniture, fixtures, and equipment.
Key Highlights
- Drive‑through restaurant at 1322 Moss Street in Lafayette
- Furniture, fixtures, and equipment are included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,821
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,420
$596.4K
Cap Rate 7%
$426,014
$426.0K
Cap Rate 9%
$331,344
$331.3K
Market Conditions
NOI Build-Up for 2,295 SF
Gross rent
$43.2K $18.84/SF
− Vacancy
−$3.5K −$1.51/SF
EGI
$39.8K $17.33/SF
− OpEx
−$9.9K −$4.33/SF
NOI
$29.8K $12.99/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,420
Cap Rate 7%
$426,014
Cap Rate 9%
$331,344
Alternative Uses
Best Use
Specialty Retail
$426.0K
$372.8K – $497.0K
NOI $29,821 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$542.6K
$474.8K – $633.1K
NOI $37,983 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Furniture, fixtures, and equipment accompany the currently operating restaurant.
Where is this drive through restaurant located?
The property is located at 1322 Moss Street Lafayette, LA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Drive‑through restaurant at 1322 Moss Street in Lafayette; Furniture, fixtures, and equipment are included
