Industrial Flex Property with
205 Marcon Dr Lafayette, LA 70507
205 Marcon Dr, Lafayette, LA, 70507
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For Sale
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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$99.97
Days on Market176
Property Features for 205 Marcon Dr
General Information
- Standard status
- Active
- Size
- 19,655 SF
- Lot size
- 1.70 Acres
- Property subtype
- Industrial
Listing agency
Elifin Realty Lafayette
(501) 513-7394
Listed by
Mark Johns · License #995715972
Source
Crexi
Added: Jan 28 Updated: Jul 21 at 6:25PM Checked: Jul 21 at 6:25PM
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
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
Local Financial Insights For Warehouse
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 | $139.2k | $7.08 |
| − Vacancy | −$6.7k | −$0.34 |
| EGI | $132.5k | $6.74 |
| − OpEx | −$19.9k | −$1.01 |
| NOI | $112.6k | $5.73 |
19,655 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.27M
$2.86M – $3.81M
NOI $228,725 @ 7.0% cap · market cap 11.64%
Second Best
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,606 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$4.65M
$4.07M – $5.42M
NOI $325,298 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
2 M Tek
Professional Services
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FAQs
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 $1,965,000.
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
