Lafayette Commercial Building For
For Sale
$1,150,000
218 Four Park Road, Lafayette, LA 70507
COMMERCIAL - Lafayette, LA
Property Size17,470 SF
Lot Size0.67 Acres
Price / SF$65.83
Days on Market173
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
Subdivision
Northerland
Directions
From Gloria Switch west of I-49, turn onto Four Park Rd and follow it to the end where building is the last on the right.
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)
Legal 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 Agency:
EXP Realty, LLC
(337) 522-7554
Listed By:
Viki L Falgout · License #0995685591
(337) 356-8101
Added: Feb 10
Changed: May 14
Last Checked: Aug 2 at 3:06PM
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.
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
NOI $211,871 @ 7.0% cap · market cap 18.42%
Second Best
Office B
$2.90M
$2.54M – $3.39M
NOI $203,298 @ 7.0% cap · market cap 17.68%
Theoretical Best
Office A
$4.13M
$3.61M – $4.82M
NOI $289,135 @ 7.0% cap · market cap 25.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
283
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
Market
Properties on Market for Warehouses in Lafayette
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Melancon I-49 Storage Center — 3360 NE Evangeline Thruway, Lafayette, LA 70507
- 1 Call Storage Center — 109 Four Park Rd, Lafayette, LA 70507
- Storage Rentals of America — 311 Smalley Rd, Lafayette, LA 70507
- Dominique's Record Management — 704 W Gloria Switch Rd, Lafayette, LA 70507
- Lafayette Lock Storage — 311 smalley rd, lafayette, la 70507
Frequently Asked Questions
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.
