Back to Search
Multi-Building Industrial Holding in Freetown

1816 Jefferson St Lafayette, LA 70501

Claim this Listing
For Sale
$1,030,300

Multi-building industrial holding in the heart of Freetown.

Property size:
21,119 SF
Lot size:
0.82 Acres
Price / SF:
$48.79/SF
Added:
Apr 17, 2026
Days on Market:
89
Last Refresh:
Jun 29 at 7:39 am

Property Features for 1816 Jefferson St

General Information

Standard status
Active
Size
21,119 SF
Lot size
0.82 Acres

Listing office Guidry & Co. Real Estate, Inc.

Listing date Apr 17, 2026

Source Exprealty

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 Guidry & Co. Real Estate, Inc.


Investment Insights

Based on property information with market context.

This offering includes five properties on 0.82 acres, with a total of over 21,000 sqft of buildings combined, a vacant corner lot, and a somewhat contiguous multi-use group of properties. The site features a combination of industrial buildings equipped with workshop space, ample storage, a fenced area, and dedicated parking areas. The properties are adaptable for a range of commercial mixed and light industrial operations. The location provides convenient access to downtown, the regional airport, Highway 90, and Interstate 10. The properties collectively offer frontage along Jefferson Street, Cleveland Street, West Taft Street, and General Mouton Avenue, providing visibility, multiple points of access, and operational flexibility. The property is located in an established and growing area.

Key Highlights

  • Strategic location with convenient access to downtown, regional airport, Highway 90, and Interstate 10.
  • Total of over 21,000 sqft of buildings combined on .82 acres.
  • Combination of industrial buildings equipped with workshop space, ample storage, fenced area, and dedicated parking.

Local Financial Insights For Flex RnD

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 $149.5k $7.08
− Vacancy −$7.2k −$0.34
EGI $142.3k $6.74
− OpEx −$49.8k −$2.36
NOI $92.5k $4.38
21,119 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 35.00%

Alternative Uses

Best Use
Warehouse
$1.73M
$1.51M – $2.02M (±1% cap)
NOI $120,994 @ 7.0% cap · market cap 11.74%
Second Best
Industrial
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,642 @ 7.0% cap · market cap 9.67%
Theoretical Best
Office A
$4.99M
$4.37M – $5.83M (±1% cap)
NOI $349,528 @ 7.0% cap · market cap 33.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Guidry Iron Works, ... Fabrication Engineer

Suggested Use

HVAC Service Home Appliance Store Bakery (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Restaurant

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

Similar Off Market Nearby

  • G Dogs Mobile Cafe — 500 Jasmine St, Lafayette, LA 70506
  • ESS Support Services Worldwide — 503 W Pinhook Rd, Lafayette, LA 70503

FAQs

What type of property is this?
Flex space - Multi-building industrial holding in the heart of Freetown.
Where is this flex space located?
The property is located at 1816 Jefferson St Lafayette, LA.
What is the asking price?
The asking price for this property is $1,030,300.
What are key features of this property?
This property features: Strategic location with convenient access to downtown, regional airport, Highway 90, and Interstate 10.; Total of over 21,000 sqft of buildings combined on .82 acres.; Combination of industrial buildings equipped with workshop space, ample storage, fenced area, and dedicated parking.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message