Office/Warehouse Flex
For Sale
$270,000
205 Four Park Rd, Lafayette, LA 70507
Versatile office and insulated warehouse configuration with roll-up loading for industrial or service users.
Property Size3,000 SF
Price / SF$90
Days on Market142
Property Features for 205 Four Park Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Industrial
Zoning
CM
Additional Details
Highway Access
Yes
Drive-In Doors
1
Listing Agency:
The Gleason Group
Listed By:
Caitlyn Williams · License #0995684676
(337) 278-2048
Source:
Lacdb.resimplifi
Added: Jun 6
Changed: Oct 7
Last Checked: Oct 24 at 1:23PM
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 The Gleason Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex office/warehouse totals 3,000 SF, combining approximately 800 SF of office space with 2,200 SF of insulated warehouse area. The warehouse is designed for practical daily operations, featuring 10' eave heights and a 10' x 10' roll-up door for loading, receiving, and storage.
The property is positioned just off Gloria Switch Road, with quick access to I-49 for convenient connectivity to the broader Lafayette area and surrounding markets. Parking is available at both the front and rear of the building to support employee, customer, and fleet vehicle access.
With its split office and insulated warehouse layout, the space can work well for a range of industrial or service-based operations that need both workspace and controlled storage. The roll-up door and favorable loading access support efficient movement of goods and equipment as part of an everyday workflow.
The property is positioned just off Gloria Switch Road, with quick access to I-49 for convenient connectivity to the broader Lafayette area and surrounding markets. Parking is available at both the front and rear of the building to support employee, customer, and fleet vehicle access.
With its split office and insulated warehouse layout, the space can work well for a range of industrial or service-based operations that need both workspace and controlled storage. The roll-up door and favorable loading access support efficient movement of goods and equipment as part of an everyday workflow.
Key Highlights
- 3,000 SF office/warehouse in Carencro with 800 SF office space and 2,200 SF insulated warehouse space
- Warehouse has 10' eave heights and a 10' x 10' roll‑up door for loading and storage
- Front and rear parking for employee, customer, and fleet vehicle access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,187
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,740
$343.7K
Cap Rate 7%
$245,529
$245.5K
Cap Rate 9%
$190,967
$191.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$21.2K $7.08/SF
− Vacancy
−$1.0K −$0.34/SF
EGI
$20.2K $6.74/SF
− OpEx
−$3.0K −$1.01/SF
NOI
$17.2K $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%
$343,740
Cap Rate 7%
$245,529
Cap Rate 9%
$190,967
Alternative Uses
Best Use
Warehouse
$245.5K
$214.8K – $286.5K
NOI $17,187 @ 7.0% cap · market cap 6.37%
Second Best
Industrial
$202.2K
$176.9K – $235.9K
NOI $14,154 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$709.3K
$620.6K – $827.5K
NOI $49,651 @ 7.0% cap · market cap 18.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Balanced
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile office and insulated warehouse configuration with roll-up loading for industrial or service users.
Where is this flex space located?
The property is located at 205 Four Park Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 3,000 SF office/warehouse in Carencro with 800 SF office space and 2,200 SF insulated warehouse space; Warehouse has 10' eave heights and a 10' x 10' roll‑up door for loading and storage; Front and rear parking for employee, customer, and fleet vehicle access
