Climate-Controlled Flex
For Sale
$1,200,000
303 Marcon Drive D, Lafayette, LA 70507
Planned units include private bathrooms, with optional mezzanines and outdoor courtyards available.
Property Size6,000 SF
Price / SF$200
Days on Market34
Property Features for 303 Marcon Drive D
General Information
Standard status
Active
Size
6,000 SF
Listing Agency:
Real Broker, LLC
Listed By:
Robbie Breaux · License #76395
(337) 267-4099
Source:
Athomerealtyla
Added: Sep 28
Changed: Oct 25
Last Checked: Oct 7 at 12:54PM
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 project at 303 Marcon Drive in Lafayette. Units are planned in sizes from 1,500 to 6,000+ square feet, with full insulation, climate control, 20'-24' ceilings and 12'x14' overhead doors. Plans also include private bathrooms and 24/7 video security. Optional mezzanines and private outdoor courtyards are available, and buyers can customize unit features such as car lifts, epoxy flooring and outdoor kitchens. RV and boat hookups are also part of the stated options.
The project is planned within a 14-acre development adjacent to The Wetlands Golf Course, with access to I-10 and I-49. The proposed configuration combines flexible interior space with optional outdoor areas and features suited to varied commercial or storage needs.
The project is planned within a 14-acre development adjacent to The Wetlands Golf Course, with access to I-10 and I-49. The proposed configuration combines flexible interior space with optional outdoor areas and features suited to varied commercial or storage needs.
Key Highlights
- Proposed unit configurations range from 1,500 to 6,000+ sq. ft.
- 20'-24' ceiling heights and 12'x14' overhead doors
- Insulated, climate‑controlled units with private bathrooms
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.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Well-served
Demand for This Use
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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 units include private bathrooms, with optional mezzanines and outdoor courtyards available.
Where is this flex space located?
The property is located at 303 Marcon Drive D 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 unit configurations range from 1,500 to 6,000+ sq. ft.; 20'-24' ceiling heights and 12'x14' overhead doors; Insulated, climate‑controlled units with private bathrooms
