Climate-Controlled Flex
For Sale
$900,000
303 Marcon Drive, Lafayette, LA 70507
Commercial Sale, Lafayette, LA
Property Size4,500 SF
Lot Size14.00 Acres
Price / SF$200
Days on Market52
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
Underground/Basement, Parking Lot
Lot features
Commons, 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
4,500 SF
Lot size
14.00 Acres
Additional Details
Property Use
Flex Space
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
Amenities
24/7 video security
private bathrooms
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding
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 23
Last Checked: Oct 23 at 3:06PM
MLS# 2600008275
Copyright © 2026 ROAM MLS. 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.
Planned on a 14-acre site in Lafayette, Bunker Lofts is a proposed flex-space development with units configurable from 1,500 to 6,000+ square feet. Planned features include full insulation, central climate control, 20'-24' ceilings, 12'x14' overhead doors, private bathrooms, and 24/7 video security. Optional mezzanines and private outdoor courtyards are also part of the offering. The property is zoned MN-1.
The development is adjacent to The Wetlands Golf Course, with access to I-10 and I-49. Unit layouts and features are intended to accommodate a range of owner-selected configurations.
The development is adjacent to The Wetlands Golf Course, with access to I-10 and I-49. Unit layouts and features are intended to accommodate a range of owner-selected configurations.
Key Highlights
- Proposed 14‑acre flex‑space development
- Configurable units from 1,500 to 6,000+ square feet
- 20'-24' ceiling heights and 12'x14' overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,781
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,620
$515.6K
Cap Rate 7%
$368,300
$368.3K
Cap Rate 9%
$286,456
$286.5K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$31.9K $7.08/SF
− Vacancy
−$1.5K −$0.34/SF
EGI
$30.3K $6.74/SF
− OpEx
−$4.5K −$1.01/SF
NOI
$25.8K $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%
$515,620
Cap Rate 7%
$368,300
Cap Rate 9%
$286,456
Alternative Uses
Best Use
Warehouse
$368.3K
$322.3K – $429.7K
NOI $25,781 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$303.3K
$265.4K – $353.9K
NOI $21,232 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$1.06M
$931.0K – $1.24M
NOI $74,477 @ 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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The planned development offers customizable units for commercial work, storage, and other owner-defined uses.
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 $900,000.
What are key features of this property?
This property features: Proposed 14‑acre flex‑space development; Configurable units from 1,500 to 6,000+ square feet; 20'-24' ceiling heights and 12'x14' overhead doors
