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Commercial Building on Ambassador Caffery

1324 Ambassador Caffery Pkwy Lafayette, LA 70506

Claim this Listing
For Sale
$950,000

9,084 SF building on 1.2 acres, high-traffic location.

Type:Retail
Property size:
9,084 SF
Price / SF:
$104.58/SF
Added:
Nov 21, 2025
Days on Market:
235
Last Refresh:
May 8 at 11:47 pm

Property Features for 1324 Ambassador Caffery Pkwy

General Information

Standard status
Active
Size
9,084 SF
Property subtype
Retail

Listing office

Listing date Nov 21, 2025

Source Naiglobal

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 Flo Meadows, CCIM, CPA


Investment Insights

Based on property information with market context.

A commercial building offering approximately 9,084 square feet of space is available for purchase. The standalone building is situated on approximately 1.2 acres. Located on Ambassador Caffery Parkway, the property benefits from high traffic volume, with approximately 26,000 vehicles per day. Its location offers convenient access to Interstate 10. A portion of the property could be converted to warehouse space for inventory.

Key Highlights

  • High traffic Ambassador Caffery location with approximately 26,000 vehicles per day.
  • Standalone building on ±1.2 acres.
  • ±9,084 SF commercial building available.

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 $64.3k $7.08
− Vacancy −$3.1k −$0.34
EGI $61.2k $6.74
− OpEx −$9.2k −$1.01
NOI $52.0k $5.73
9,084 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Retail
$1.57M
$1.38M – $1.84M (±1% cap)
NOI $110,168 @ 7.0% cap · market cap 11.60%
Second Best
Warehouse
$743.5K
$650.5K – $867.4K (±1% cap)
NOI $52,043 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,344 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Dental Office Law Firm Restaurant Parking Lot & Garage Garden Center Spa & Massage Center Grocery & Convenience Store Storage Facility Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - 9,084 SF building on 1.2 acres, high-traffic location.
Where is this retail space located?
The property is located at 1324 Ambassador Caffery Pkwy Lafayette, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High traffic Ambassador Caffery location with approximately 26,000 vehicles per day.; Standalone building on ±1.2 acres.; ±9,084 SF commercial building available.
Contact an agent
More about this property
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