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Lafayette Investment Opportunity

3103 W Pinhook Rd Lafayette, LA 70508

3103 W Pinhook Rd, Lafayette, LA, 70508
$450,000
For Sale
Claim this Listing
$450,000

1.43 acres with income-producing structures on W Pinhook Road.

Property Size7,500 SF
Lot Size1.43 Acres
Price / SF$60
AddedSep 19, 2025
Days on Market300
Last RefreshMay 19 at 11:27 pm

Property Features for 3103 W Pinhook Rd

General Information

Standard status
Active
Size
7,500 SF
Lot size
1.43 Acres

Listing office The Gleason Group

Listing date Sep 19, 2025

Source Exprealty

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 The Gleason Group


Investment Insights

Based on property information with market context.

Located on W Pinhook Road in Lafayette, the property at 3103 W Pinhook Road offers an investment opportunity on 1.43 acres. The site features two structures with potential for income generation. The main building, spanning 3,500 square feet, is currently occupied by a bar/cigar bar. The current tenant is open to negotiating a long-term lease with new ownership, which could provide immediate rental income. Additionally, there is a 4,000-square-foot warehouse on the property. This warehouse is currently vacant, presenting an opportunity for future tenant occupancy and additional revenue. The property's location on W Pinhook Road offers high visibility. The combination of existing income and potential for increased revenue positions this property as a potential investment for those seeking cash flow and long-term growth.

Key Highlights

  • High‑visibility location on W Pinhook Road.
  • Existing 3,500 SF main building with a tenant willing to negotiate a long‑term lease, providing immediate rental income.
  • Additional 4,000 SF vacant warehouse for future tenant and added revenue potential.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.1k $7.08
− Vacancy −$2.5k −$0.34
EGI $50.6k $6.74
− OpEx −$15.2k −$2.02
NOI $35.4k $4.72
7,500 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,455 @ 7.0% cap · market cap 21.66%
Second Best
Warehouse
$613.8K
$537.1K – $716.2K (±1% cap)
NOI $42,969 @ 7.0% cap · market cap 9.55%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,128 @ 7.0% cap · market cap 27.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Murphy's Law Sports ... Bar & Pub Murphy's Law Cigar ... Bar & Pub

Suggested Use

Daycare Center Grocery & Convenience Store Locksmith Real Estate Agency (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom Cafe & Coffee Shop Catering Service Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • KOK Wings & Things — 405 E University Ave, Lafayette, LA 70503
  • Whiskey & Vine — 507 W Pinhook Rd, Lafayette, LA 70503
  • The Loose Caboose — 201 McKinley St, Lafayette, LA 70501
  • Starbucks — 620 McKinley St, Lafayette, LA 70503
  • Daiquiris — e university ave, lafayette, la 70501

FAQs

What type of property is this?
Bar & Pub - 1.43 acres with income-producing structures on W Pinhook Road.
Where is this bar & pub located?
The property is located at 3103 W Pinhook Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High‑visibility location on W Pinhook Road.; Existing 3,500 SF main building with a tenant willing to negotiate a long‑term lease, providing immediate rental income.; Additional 4,000 SF vacant warehouse for future tenant and added revenue potential.
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