Flex Space with Warehouse
For Sale
$420,000
201 Marcon Drive, Lafayette, LA 70507
Commercial Sale, Lafayette, LA
Property Size5,000 SF
Lot Size0.50 Acres
Price / SF$84
Days on Market9
Property Features for 201 Marcon Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
L-1/ I-L
Parking
12
Parking features
Off Street, Parking Lot
Exterior features
OH Door 10 - 15 Ft, Partially Fenced
Fencing
Partial
Subdivision
Marcon Ind. Pk
Lot features
Near Golf Course
Directions
From University Ave. North from I-10. Just before Wetlands golf course, take a left into Marcon Industrial Parkway.
Standard status
Active
APN
6052830
Size
5,000 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
LOT 9 MARCON INDUSTRIAL PARK PHASE I (114.27X163.52)
Legal Description
LOT 9 MARCON INDUSTRIAL PARK PHASE I (114.27X163.52)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile, Concrete, Vinyl
Roof type
Metal
Listing Agency:
EXP Realty, LLC
(337) 522-7554
Listed By:
Dustan Quebodeaux · License #995710328
(337) 704-1045
Added: Sep 29
Changed: Sep 30
Last Checked: Oct 7 at 12:06AM
MLS# 2600009135
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.
Two buildings share a 0.5-acre parcel and parking lot at 201 Marcon Drive in Lafayette. Unit A contains approximately 3,030 square feet, with 2,250 square feet of office space and 780 square feet of warehouse space. Its offices include a main office, two front offices, and a private rear office; the warehouse has one overhead door.
Unit B has approximately 2,000 square feet, including 330 square feet of office space, 1,150 square feet of warehouse space, and 200 square feet of retail area. It includes two front offices, a smaller office in the warehouse, and two overhead doors. Both units are leased under NNN terms. The property is zoned L-1 / I-L and has central heating and air conditioning, a metal roof, partial fencing, and off-street parking.
Unit B has approximately 2,000 square feet, including 330 square feet of office space, 1,150 square feet of warehouse space, and 200 square feet of retail area. It includes two front offices, a smaller office in the warehouse, and two overhead doors. Both units are leased under NNN terms. The property is zoned L-1 / I-L and has central heating and air conditioning, a metal roof, partial fencing, and off-street parking.
Key Highlights
- Two buildings on a shared 0.5‑acre parcel
- Unit A: approximately 3,030 square feet, including 2,250 square feet of office and 780 square feet of warehouse space
- Unit B: approximately 2,000 square feet, with 330 square feet of office, 1,150 square feet of warehouse, and 200 square feet of retail area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,646
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,920
$572.9K
Cap Rate 7%
$409,229
$409.2K
Cap Rate 9%
$318,289
$318.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$35.4K $7.08/SF
− Vacancy
−$1.7K −$0.34/SF
EGI
$33.7K $6.74/SF
− OpEx
−$5.1K −$1.01/SF
NOI
$28.6K $5.73/SF
Area
Lafayette, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,920
Cap Rate 7%
$409,229
Cap Rate 9%
$318,289
Alternative Uses
Best Use
Warehouse
$409.2K
$358.1K – $477.4K
NOI $28,646 @ 7.0% cap · market cap 6.82%
Second Best
Industrial
$337.0K
$294.9K – $393.2K
NOI $23,591 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,752 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70507, LA
17,791
Population
8,133
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
831
Density / Sq Mi
$64,010
Median Household Income
$40,700
Median Earnings
$937
Median Rent
$206,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Two leased spaces combine office, warehouse, and retail areas under NNN terms.
Where is this flex space located?
The property is located at 201 Marcon Drive Lafayette, LA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two buildings on a shared 0.5‑acre parcel; Unit A: approximately 3,030 square feet, including 2,250 square feet of office and 780 square feet of warehouse space; Unit B: approximately 2,000 square feet, with 330 square feet of office, 1,150 square feet of warehouse, and 200 square feet of retail area
