Climate-Controlled Flex
For Sale
$1,200,000
303 Marcon Drive, Lafayette, LA 70507
Commercial Sale, Lafayette, LA
Property Size6,000 SF
Lot Size14.00 Acres
Price / SF$200
Days on Market47
Property Features for 303 Marcon Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MN-1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot, Off Street
Security features
Security System
Exterior features
OH Door 10 - 15 Ft, Partially Fenced
Fencing
Partial
Lot features
Commons, Near Golf Course, Level, Zero Lot Line
Directions
University Ave heading North, left on Marcon Drive, development to be located at the end of the road.
Subdivision
C
Standard status
Active
Size
6,000 SF
Lot size
14.00 Acres
Taxes and HOA fees
Tax Description
TBD- Unit A of Bunker Lofts Phase 1 - Proposed Construction. Subject to final plat Approval. (Original parcel #: 6164768 -Original parcel Legal: SEC 14 T9S R4E (14.52 AC MORE OR LESS)(18-31416 PLAT))
Legal Description
TBD- Unit A of Bunker Lofts Phase 1 - Proposed Construction. Subject to final plat Approval. (Original parcel #: 6164768 -Original parcel Legal: SEC 14 T9S R4E (14.52 AC MORE OR LESS)(18-31416 PLAT))
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Robbie Breaux · License #76395
(337) 658-5690
Added: Sep 2
Changed: Oct 8
Last Checked: Oct 18 at 9:06PM
MLS# 2600008277
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.
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Investment Insights
Based on property information with market context.
Bunker Lofts is a proposed flex-space development planned across a 14-acre master-planned site in Lafayette. Units are configurable from 1,500 to 6,000+ square feet, with full insulation, climate control, 20'-24' ceilings, 12'x14' overhead doors, and private bathrooms. The plans include 24/7 video security, with optional mezzanine levels and private outdoor courtyards. The development is intended to allow owners to customize spaces for work, storage, or personal projects.
The site is adjacent to The Wetlands Golf Course and offers access to I-10 and I-49. Zoning is MN-1.
The site is adjacent to The Wetlands Golf Course and offers access to I-10 and I-49. Zoning is MN-1.
Key Highlights
- Proposed flex‑space development on a 14‑acre master‑planned site
- Configurable units from 1,500 to 6,000+ sq. ft.
- 20'-24' ceiling heights and 12'x14' overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,375
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,500
$687.5K
Cap Rate 7%
$491,071
$491.1K
Cap Rate 9%
$381,944
$381.9K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$42.5K $7.08/SF
− Vacancy
−$2.0K −$0.34/SF
EGI
$40.4K $6.74/SF
− OpEx
−$6.1K −$1.01/SF
NOI
$34.4K $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%
$687,500
Cap Rate 7%
$491,071
Cap Rate 9%
$381,944
Alternative Uses
Best Use
Warehouse
$491.1K
$429.7K – $572.9K
NOI $34,375 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$404.4K
$353.9K – $471.8K
NOI $28,309 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,302 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway 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 - Planned configurable units can accommodate commercial work areas, vehicle storage, or personal project space.
Where is this flex space located?
The property is located at 303 Marcon Drive Lafayette, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Proposed flex‑space development on a 14‑acre master‑planned site; Configurable units from 1,500 to 6,000+ sq. ft.; 20'-24' ceiling heights and 12'x14' overhead doors
