Climate-Controlled Flex
For Sale
$600,000
303 Marcon Drive, Lafayette, LA 70507
Commercial Sale, Lafayette, LA
Property Size3,000 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
Parking Lot, Underground/Basement
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
APN
Tbd-Proposedconstrction
Size
3,000 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
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# 2600008273
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.
Bunker Lofts is a proposed flex-space development with a listed unit size of 3,000 square feet. Planned unit configurations range from 1,500 to 6,000+ square feet, with 20'-24' ceilings, 12'x14' overhead doors, concrete floors, central heating and air, and private bathrooms. Optional mezzanines and private outdoor courtyards are also planned. The development is described as 100% insulated, with 24/7 video security.
The project is planned across 14 acres at 303 Marcon Drive in Lafayette, adjacent to The Wetlands Golf Course and with access to I-10 and I-49. Zoning is MN-1. Public water and sewer are listed for the property.
The project is planned across 14 acres at 303 Marcon Drive in Lafayette, adjacent to The Wetlands Golf Course and with access to I-10 and I-49. Zoning is MN-1. Public water and sewer are listed for the property.
Key Highlights
- Planned unit sizes range from 1,500 to 6,000+ sq. ft.; listed property size is 3,000 square feet
- Planned ceiling heights of 20'-24' and 12'x14' overhead doors
- 100% insulated units with climate control and 24/7 video security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,187
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,740
$343.7K
Cap Rate 7%
$245,529
$245.5K
Cap Rate 9%
$190,967
$191.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$21.2K $7.08/SF
− Vacancy
−$1.0K −$0.34/SF
EGI
$20.2K $6.74/SF
− OpEx
−$3.0K −$1.01/SF
NOI
$17.2K $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%
$343,740
Cap Rate 7%
$245,529
Cap Rate 9%
$190,967
Alternative Uses
Best Use
Warehouse
$245.5K
$214.8K – $286.5K
NOI $17,187 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$202.2K
$176.9K – $235.9K
NOI $14,154 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$709.3K
$620.6K – $827.5K
NOI $49,651 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
24 ft
Clear height
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Planned flex units offer climate control, private bathrooms, and options for mezzanines or outdoor courtyards.
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 $600,000.
What are key features of this property?
This property features: Planned unit sizes range from 1,500 to 6,000+ sq. ft.; listed property size is 3,000 square feet; Planned ceiling heights of 20'-24' and 12'x14' overhead doors; 100% insulated units with climate control and 24/7 video security
