Customizable Flex Space
New
For Sale
$300,000
303 Marcon Drive A, Lafayette, LA 70507
Planned units combine climate control, private bathrooms, and options for mezzanines or outdoor courtyards.
Property Size1,500 SF
Price / SF$200
Days on Market7
Property Features for 303 Marcon Drive A
General Information
Standard status
Active
Size
1,500 SF
Warehouse & Industrial
Clear Height
24 ft
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Amenities
24/7 video security
private outdoor courtyards
Listing Agency:
Real Broker, LLC
Listed By:
Robbie Breaux · License #76395
(337) 658-5690
Source:
Athomerealtyla
Added: Oct 1
Last Checked: Oct 5 at 10:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
Investment Insights
Based on property information with market context.
Bunker Lofts is a proposed flex-space project in Lafayette, planned as part of a 14-acre development. Units are designed to offer 1,500 to 6,000+ sq. ft. of configurable space, with full insulation, climate control, 20'-24' ceilings, 12'x14' overhead doors, and private bathrooms. Plans also include 24/7 video security, with mezzanines and private outdoor courtyards available as options.
The development is adjacent to The Wetlands Golf Course and offers access to I-10 and I-49. Potential configurations described for the project include commercial office space and storage for vehicles or recreational equipment; hookups, car lifts, epoxy floors, and outdoor kitchens are among the features that may be incorporated into a unit.
The development is adjacent to The Wetlands Golf Course and offers access to I-10 and I-49. Potential configurations described for the project include commercial office space and storage for vehicles or recreational equipment; hookups, car lifts, epoxy floors, and outdoor kitchens are among the features that may be incorporated into a unit.
Key Highlights
- Proposed 14‑acre master‑planned development in Lafayette
- Configurable units from 1,500 to 6,000+ sq. ft.
- Planned ceiling heights of 20'-24' and 12'x14' overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,594
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,880
$171.9K
Cap Rate 7%
$122,771
$122.8K
Cap Rate 9%
$95,489
$95.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$10.6K $7.08/SF
− Vacancy
−$510 −$0.34/SF
EGI
$10.1K $6.74/SF
− OpEx
−$1.5K −$1.01/SF
NOI
$8.6K $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%
$171,880
Cap Rate 7%
$122,771
Cap Rate 9%
$95,489
Alternative Uses
Best Use
Warehouse
$122.8K
$107.4K – $143.2K
NOI $8,594 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$101.1K
$88.5K – $118.0K
NOI $7,077 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$354.7K
$310.3K – $413.8K
NOI $24,826 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Planned units combine 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 A Lafayette, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Proposed 14‑acre master‑planned development in Lafayette; Configurable units from 1,500 to 6,000+ sq. ft.; Planned ceiling heights of 20'-24' and 12'x14' overhead doors
