Industrial Flex Property with
For Sale
Contact for pricing
205 Marcon Dr, Lafayette, LA 70507
Multi-parcel industrial flex property with climate-controlled space, office component, and multiple bridge cranes.
Property Size19,655 SF
Lot Size1.70 Acres
Price / SF$94.89
Days on Market268
Property Features for 205 Marcon Dr
General Information
Standard status
Active
Size
19,655 SF
Lot size
1.70 Acres
Property subtype
Industrial
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Clear Height
20 ft
Amenities
bridge cranes
yard space
Building Details
Buildings
2
Stories
2
Listing Agency:
Elifin Realty Lafayette
Listed By:
Mark Johns · License #995715972
(501) 513-7394
Source:
Crexi
Added: Jan 28
Changed: Oct 21
Last Checked: Oct 23 at 6:48AM
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 Elifin Realty Lafayette
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.
Now for sale and lease, this multi-parcel industrial flex property includes three parcels within an established industrial area at 205–207 Marcon Dr and 103–105 Annonce St in Lafayette, Louisiana. The offering provides 19,655 SF of industrial flex space on a 1.7-acre lot, with a strong office-to-warehouse ratio and a well-built office component designed to support both administrative and industrial functions.
The improvements include all climate-controlled space, multiple bridge cranes, and 18’–20’ eave heights. The property also supports operational flexibility with yard space and offers seconds-away access to LA-182, along with proximity to LA-723 and I-10 for efficient regional connectivity.
With crane capability, office-ready configuration, and immediate interstate access, this property is positioned for industrial flex users seeking a combination of production space and workplace functionality.
The improvements include all climate-controlled space, multiple bridge cranes, and 18’–20’ eave heights. The property also supports operational flexibility with yard space and offers seconds-away access to LA-182, along with proximity to LA-723 and I-10 for efficient regional connectivity.
With crane capability, office-ready configuration, and immediate interstate access, this property is positioned for industrial flex users seeking a combination of production space and workplace functionality.
Key Highlights
- Multi‑parcel industrial flex property: 205–207 Marcon Dr and 103–105 Annonce St, Lafayette, LA
- 19,655 SF industrial flex space on ~1.7‑acre lot with a strong office‑to‑warehouse space ratio
- All climate‑controlled space and well‑built office component for owner‑users or tenants needing admin plus industrial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,606
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,252,120
$2.3M
Cap Rate 7%
$1,608,657
$1.6M
Cap Rate 9%
$1,251,178
$1.3M
Market Conditions
NOI Build-Up for 19,655 SF
Gross rent
$139.2K $7.08/SF
− Vacancy
−$6.7K −$0.34/SF
EGI
$132.5K $6.74/SF
− OpEx
−$19.9K −$1.01/SF
NOI
$112.6K $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%
$2,252,120
Cap Rate 7%
$1,608,657
Cap Rate 9%
$1,251,178
Alternative Uses
Best Use
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,606 @ 7.0% cap · market cap 6.04%
Second Best
Industrial
$1.32M
$1.16M – $1.55M
NOI $92,734 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$4.65M
$4.07M – $5.42M
NOI $325,298 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
151
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Multi-parcel industrial flex property with climate-controlled space, office component, and multiple bridge cranes.
Where is this flex space located?
The property is located at 205 Marcon Dr Lafayette, LA.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Multi‑parcel industrial flex property: 205–207 Marcon Dr and 103–105 Annonce St, Lafayette, LA; 19,655 SF industrial flex space on ~1.7‑acre lot with a strong office‑to‑warehouse space ratio; All climate‑controlled space and well‑built office component for owner‑users or tenants needing admin plus industrial space
