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Drive-Through Restaurant
For Sale
$420,000

1322 Moss Street, Lafayette, LA 70501

Commercial Sale, Lafayette, LA

Property Size2,295 SF
Lot Size0.34 Acres
Price / SF$183.01
Days on Market15

Property Features for 1322 Moss Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 15
Lot features Corner Lot, Level
Directions From Evangeline Throughway, turn on Willow toward Moss Street. Restaurant is located .3 miles on right on the corner of Moss and Willow.
Subdivision D
Standard status Active
APN 6067765
Size 2,295 SF
Lot size 0.34 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description S P Of Lot 2 & S P Of Lot 3 Blk 2 Northside Sub 563741-Sp Lot 1 (Less 779 Sq Ft 82-13668) & W 1/2 Of Lot 2 Blk 2 Northside Sub 625445 S P Lot 3-4-5 Blk 2 Northside Sub
Tax Annual Amount 3572
Legal Description S P Of Lot 2 & S P Of Lot 3 Blk 2 Northside Sub 563741-Sp Lot 1 (Less 779 Sq Ft 82-13668) & W 1/2 Of Lot 2 Blk 2 Northside Sub 625445 S P Lot 3-4-5 Blk 2 Northside Sub

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Tile
Building materials Brick, Frame
Roof type Tar/Gravel, Composition
Listing Agency: Real Broker, LLC
Listed By: Yanli Foshee · License #0995695988
Added: Oct 15 Changed: Oct 23 Last Checked: Oct 29 at 6:06AM
MLS# 2600009755

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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.

This 2,295-square-foot restaurant property occupies a 0.34-acre parcel in Lafayette. The building has brick and frame construction, tile flooring, central heating, and central air conditioning. A drive-through is part of the property, and furniture, fixtures, and equipment are included. The site is zoned Commercial, with natural gas available and public water and sewer service.

Key Highlights

  • Drive‑through restaurant property on a 0.34‑acre parcel
  • 2,295 square feet of building area
  • Furniture, fixtures, and equipment 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 (±1% cap)
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 (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 34%
Shell Shops & Services
10,096 visits/mo 0.2 miles
CC's Coffee House Dining
5,278 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - The restaurant includes furniture, fixtures, and equipment, with commercial zoning and public water and sewer.
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 property on a 0.34‑acre parcel; 2,295 square feet of building area; Furniture, fixtures, and equipment included
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Includes: Price & PSF · Cap rate · Location · Zoning

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