1456 SURREY ST, Lafayette, LA 70501
Former dealership property with a sizable warehouse building and mostly stabilized concrete yard for vehicle- and equipment-focused operations.
- Added:
- May 29, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 6 at 4:53 am
Property Features for 1456 SURREY ST
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.95 Acres
- Property subtype
- Retail
Listing agent Burton Richard License #995700828
Listing office Beacon Realty, LLC
Listing date May 29, 2026
Source Crexi
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 Beacon Realty, LLC
HighLights
- Former car dealership property with a 2,500 SF building on 0.95 acres
- Most of the site is stabilized with existing concrete surfacing for vehicle and equipment use
- Commercial site layout suited for vehicle sales, equipment storage, contractor operations, or fleet services
- Located on a highly accessible corridor near the airport and US Hwy 90
- Adaptable property for owner‑users, redevelopment, or investors
Overview
The property is positioned in a highly accessible corridor near the airport and US Hwy 90. With strong visibility and easy access emphasized in the offering, the site is designed for practical day-to-day operations and convenient customer or workforce movement. The surrounding area includes activity associated with a newly developed amphitheater nearby, adding to the overall commercial context.
For tenants or buyers seeking a property that can support vehicle-related or storage-heavy business models, the concrete-stabilized yard and established dealership layout can help reduce initial operational friction. It may also fit redevelopment scenarios where an owner wants a large, already-improved site with an existing building in place rather than starting from raw land. Overall, the combination of a substantial enclosed space and a mostly stabilized outdoor yard supports a range of flexible commercial applications.
Local Financial Insights For Retail
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 | $47.1k | $18.84 |
| − Vacancy | −$3.8k | −$1.51 |
| EGI | $43.3k | $17.33 |
| − OpEx | −$13.0k | −$5.20 |
| NOI | $30.3k | $12.13 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- University Self Storage — 209 Lucille Ave, Lafayette, LA 70501
- Evangeline Thruway Storage — 814 SW Evangeline Thruway, Lafayette, LA 70501
- Lafayette Parish Sheriff’s Office Marine Building — 110 Grissom Dr, Lafayette, LA 70508
- Exec-U-Store LLC — 209 Lucille Ave, Lafayette, LA 70501
- Lpss Warehouse — Lafayette, LA 70508
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -91.994124
- Latitude
- 30.2197141
