Two-Building Flex
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 Market27
Property Features for 201 Marcon Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
L-1/ I-L
Parking
12
Parking features
Parking Lot
Directions
From University Ave. North from I-10. Just before Wetlands golf course, take a left into Marcon Industrial Parkway.
Subdivision
C
Standard status
Active
APN
6052830
Size
5,000 SF
Lot size
0.50 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
office, warehouse, retail
Taxes and HOA fees
Tax Description
LOT 9 MARCON INDUSTRIAL PARK PHASE I (114.27X163.52)
Tax Annual Amount
1200
Legal Description
LOT 9 MARCON INDUSTRIAL PARK PHASE I (114.27X163.52)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile, Concrete, Vinyl
Building materials
Metal Siding
Roof type
Metal
Buildings
2
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Dustan Quebodeaux · License #995710328
(337) 704-1045
Added: Sep 29
Changed: Oct 24
Last Checked: Oct 25 at 12:06AM
MLS# 2600009135
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Two metal-sided flex buildings at 201 Marcon Drive provide approximately 5,030 square feet combined, based on the stated individual building areas. Unit A contains about 3,030 square feet, divided between 2,250 square feet of office space and 780 square feet of warehouse space. Its offices include a main office, two at the front, and a private rear office; the warehouse has one overhead door. Unit B is approximately 2,000 square feet, with two front offices, a smaller office in the warehouse, and two overhead doors. The stated areas for Unit B include 330 square feet of office, 1,150 square feet of warehouse, and 200 square feet of retail space.
The Lafayette property is zoned L-1/I-L. Both buildings are leased on NNN terms and share a parking lot. Concrete, vinyl, and tile flooring, central heating and air conditioning, a metal roof, public water, and public sewer are listed among the property features.
The Lafayette property is zoned L-1/I-L. Both buildings are leased on NNN terms and share a parking lot. Concrete, vinyl, and tile flooring, central heating and air conditioning, a metal roof, public water, and public sewer are listed among the property features.
Key Highlights
- 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 two overhead doors
- Unit B includes 330 square feet of office, 1,150 square feet of warehouse, and 200 square feet of retail space
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.
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Both buildings are leased under NNN terms and use a shared parking lot.
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: 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 two overhead doors; Unit B includes 330 square feet of office, 1,150 square feet of warehouse, and 200 square feet of retail space
