Multi-Building Industrial Holding in
1816 Jefferson Street Lafayette, LA 70501
1816 Jefferson Street, Lafayette, LA, 70501
$1,030,300
For Sale
$1,030,300
COMMERCIAL - Lafayette, LA
Property Size21,119 SF
Lot Size0.82 Acres
Price / SF$48.79
Days on Market98
Property Features for 1816 Jefferson Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- IL & CM1
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Exterior features
- Door Sign, Partially Fenced, OH Door > 20 Ft
- Fencing
- Partial
- Standard status
- Active
- APN
- 6022438
- Size
- 21,119 SF
- Lot size
- 0.82 Acres
Taxes and HOA fees
- Tax Description
- Tract II on plat of survey in Barry Billeaud Sub. .21 of an acre Lots 6-7 blk 6 Barry Billeaud Add (50 x 115) Lots 8-9 blk 6 Barry Billeaud Add Lots 13-14 blk 6 Barry Billeaud Add Lot 15blk 6 Barry Billeaud Add Lots 18-19 blk 6 Barry Billeaud Add 50x 125
Utilities
- Water source
- Public
Building Details
- Roof type
- Metal
Listing agency
Guidry & Co. Real Estate, Inc.
(337) 984-4345
Listed by
Andrea Laborde · License #0995690746
(337) 277-6503
Added: Apr 15 Updated: Jun 4 at 5:36AM Checked: Jul 21 at 10:06PM
MLS# 2600003319
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-building industrial holding is located in the heart of Freetown. The offering includes five properties on 0.82 acres, with a total of over 21,000 square feet 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, making it adaptable for a range of commercial mixed and light industrial operations. The property's location provides convenient access to downtown, the regional airport, Highway 90, and Interstate 10, positioning it for logistics, distribution, or service-based businesses. 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 zoning is IL & CM1. This property is located in Lafayette, LA 70501, Lafayette Parish.
Key Highlights
- Industrial multi‑building holding on 0.82 acres with five properties and over 21,000 SF of combined buildings
- Multiple industrial buildings with workshop space and ample storage plus fenced areas and dedicated parking areas
- Vacant corner lot with somewhat contiguous multi‑use group of properties for flexible setup
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
Similar For Sale Nearby
Similar Off Market Nearby
- ESS Support Services Worldwide — 503 W Pinhook Rd, Lafayette, LA 70503
- Cafe Bella — 301 Heymann Blvd, Lafayette, LA 70503
FAQs
What type of property is this?
Flex space - Multi-building industrial property in the heart of Freetown.
Where is this flex space located?
The property is located at 1816 Jefferson Street 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: Industrial multi‑building holding on 0.82 acres with five properties and over 21,000 SF of combined buildings; Multiple industrial buildings with workshop space and ample storage plus fenced areas and dedicated parking areas; Vacant corner lot with somewhat contiguous multi‑use group of properties for flexible setup
