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    Lafayette Commercial Building For Sale

    218 Four Park Road Lafayette, LA 70507

    Claim this Listing
    For Sale
    $1,150,000

    COMMERCIAL - Lafayette, LA

    Property size:
    17,470 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $65.83/SF
    Added:
    Feb 10, 2026
    Days on Market:
    154
    Last Refresh:
    Jul 14 at 12:06 pm

    Property Features for 218 Four Park Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    20
    Parking features
    Parking Lot
    Exterior features
    OH Door 10 - 15 Ft, Pole Sign
    Standard status
    Active
    APN
    6016258
    Size
    17,470 SF
    Lot size
    0.67 Acres

    Taxes and HOA fees

    Tax Description
    LOT 21 & 22 NORTHERLAND- AN INDUSTRIAL DEVELOPMENT (160.66X10.55X206.66X160X193.04)

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Roof type
    Metal

    Listing agent Viki L Falgout License #0995685591

    Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA

    Listing date Feb 10, 2026

    MLS# 2600000788

    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.

    This commercial building in Lafayette, Louisiana, offers a variety of business options. The facility, with over 17,000 square feet under roof, has been used as a retail shop, call center, indoor gun range, and warehouse. It includes 4 restrooms, more than 6 office spaces, a shower facility, a loading dock, and an employee lounge area. There are 20 parking spots available. The property is zoned commercial and is situated on a 0.67-acre lot.

    Key Highlights

    • 17,000+ sq ft commercial building suitable for diverse businesses.
    • Adaptable space previously used as retail, call center, gun range, and warehouse.
    • Includes loading dock and 20 parking spots.

    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 $123.7k $7.08
    − Vacancy −$5.9k −$0.34
    EGI $117.8k $6.74
    − OpEx −$17.7k −$1.01
    NOI $100.1k $5.73
    17,470 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Retail
    $3.03M
    $2.65M – $3.53M (±1% cap)
    NOI $211,871 @ 7.0% cap · market cap 18.42%
    Second Best
    Office B
    $2.90M
    $2.54M – $3.39M (±1% cap)
    NOI $203,298 @ 7.0% cap · market cap 17.68%
    Theoretical Best
    Office A
    $4.13M
    $3.61M – $4.82M (±1% cap)
    NOI $289,135 @ 7.0% cap · market cap 25.14%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Barney's Police Supplies (Bike/Boat/Book/etc) Store

    Suggested Use

    Auto Parts Store Real Estate Agency Grocery & Convenience Store Dental Office Electrical Service Bakery Cafe & Coffee Shop Garden Center HVAC Service Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Warehouse - Large commercial building with multiple business options in Lafayette, Louisiana.
    Where is this warehouse located?
    The property is located at 218 Four Park Road Lafayette, LA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 17,000+ sq ft commercial building suitable for diverse businesses.; Adaptable space previously used as retail, call center, gun range, and warehouse.; Includes loading dock and 20 parking spots.
    Contact an agent
    (337) 356-8101
    We can help!
    Contact an agent
    Viki L Falgout
    Viki L Falgout
    Real Estate License ID: 0995685591
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