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Climate-Controlled Flex Space
For Sale
$900,000

303 Marcon Drive C, Lafayette, LA 70507

Customizable commercial units include private bathrooms and optional mezzanine levels.

Property Size4,500 SF
Price / SF$200
Days on Market48

Property Features for 303 Marcon Drive C

General Information

Standard status Active
Size 4,500 SF

Additional Details

Highway Access Yes
Listing Agency: Real Broker, LLC
Listed By: Robbie Breaux · License #76395
Source: Athomerealtyla
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 7 at 1:11PM

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

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Investment Insights

Based on property information with market context.

Bunker Lofts is a proposed flex-space development in Lafayette, Louisiana, planned within a 14-acre master-planned project. Units are designed for commercial offices, vehicle and equipment storage, workshops, and private owner spaces, with configurations ranging from 1,500 to 6,000+ square feet. Each unit is planned with full insulation, climate control, a private bathroom, and the option for a mezzanine or outdoor courtyard.

Building specifications include 20'-24' ceiling heights and 12'x14' overhead doors. The development is planned with 24/7 video security and is positioned adjacent to The Wetlands Golf Course, with access to I-10 and I-49. Optional features described for individual spaces include vehicle lifts, epoxy flooring, outdoor kitchens, and hookups for RV or boat storage.

Key Highlights

  • Proposed 14‑acre master‑planned flex‑space development
  • Configurable units from 1,500 to 6,000+ square feet
  • 100% insulated, climate‑controlled units with private bathrooms

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 (±1% cap)
NOI $25,781 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$303.3K
$265.4K – $353.9K (±1% cap)
NOI $21,232 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$1.06M
$931.0K – $1.24M (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Law Firm Auto Parts Store Storage Facility Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
Well-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Customizable commercial units include private bathrooms and optional mezzanine levels.
Where is this flex space located?
The property is located at 303 Marcon Drive C 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 master‑planned flex‑space development; Configurable units from 1,500 to 6,000+ square feet; 100% insulated, climate‑controlled units with private bathrooms
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