Multi-Building Industrial Holding in
1816 Jefferson St Lafayette, LA 70501
1816 Jefferson St, Lafayette, LA, 70501
$1,030,300
For Sale
$1,030,300
Multi-building industrial holding in the heart of Freetown.
Property Size21,119 SF
Lot Size0.82 Acres
Price / SF$48.79
Days on Market93
Property Features for 1816 Jefferson St
General Information
- Standard status
- Active
- Size
- 21,119 SF
- Lot size
- 0.82 Acres
Listing Agency
Guidry & Co. Real Estate, Inc.
(337) 277-6503
Listed by
Andrea Laborde · License #0995690746
(337) 277-6503
Source
Exprealty
Added: Apr 17 Checked: Jul 17 at 7:54 pm
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
NOI $120,994 @ 7.0% cap · market cap 11.74%
Second Best
Industrial
$1.42M
$1.25M – $1.66M
NOI $99,642 @ 7.0% cap · market cap 9.67%
Theoretical Best
Office A
$4.99M
$4.37M – $5.83M
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
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Similar Off Market Nearby
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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.
