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Lafayette Commercial Flex Space

312 Westgate Road, Lafayette, LA 70506

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For Sale

$990,000

COMMERCIAL - Lafayette, LA

Property size:

11,600 SF

Lot size:

0.86 Acres

Price / SF:

$85/SF

HighLights

11,600 SF flexible facility suitable for a large enterprise or multiple businesses.
63 on‑site parking spaces with an additional 20 available through a transferable lease.
Climate‑controlled interior with three recently replaced 10‑ton HVAC units.
Includes a dedicated conference room, spacious kitchen, two private offices, and multiple restrooms.
Durable stained concrete flooring and a metal roof.
Located in Flood Zone X.

We can help!

Listing Contact

Taylor Johnson

For Sale

$990,000

COMMERCIAL - Lafayette, LA

Property size:

11,600 SF

Lot size:

0.86 Acres

Price / SF:

$85/SF

Added:: Mar 20, 2025
Days on Market:: 452
Last Refresh:: Jun 14 at 12:06 am

Property Features for 312 Westgate Road

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Commercial
Security features: Security System
Exterior features: OH Door 10 - 15 Ft, Partially Fenced, Outside Storage, Storage Building
Fencing: Partial
Standard status: Active
APN: 6122044
Size: 11,600 SF
Lot size: 0.86 Acres

Taxes and HOA fees

Tax Description: LOTS 23 24 25 26 27 OF NICKERSON COMMERCIAL DEVELOPMENT (APPROX 144.62X259.42X144.62X259. 23)

Utilities

Heating system: Central
Cooling system: Ceiling Fan(s), Central Air
Water source: Public

Building Details

Flooring type: Concrete
Roof type: Metal
Additional Structures: Storage

We can help!

Listing Contact

Taylor Johnson

Listing agent Taylor Johnson License #995716481

Listing office Epique Realty 717 Crockett St., Ste 205, New Orleans, LA

Listing date Mar 20, 2025

MLS# 2020021891

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

11,600 SF flexible facility suitable for a large enterprise or multiple businesses.
63 on‑site parking spaces with an additional 20 available through a transferable lease.
Climate‑controlled interior with three recently replaced 10‑ton HVAC units.
Includes a dedicated conference room, spacious kitchen, two private offices, and multiple restrooms.
Durable stained concrete flooring and a metal roof.
Located in Flood Zone X.

Overview

This 11,600 square foot commercial facility is located in Lafayette, Louisiana. The property is zoned commercial and offers a flexible layout suitable for a large enterprise or multiple businesses. The interior is climate-controlled and features stained concrete flooring. The layout includes a conference room, a spacious kitchen, two private offices, three single restrooms, and a separate men's restroom. The property includes 63 on-site parking spaces, with an additional 20 spaces available through a transferable lease. Three recently replaced 10-ton HVAC units provide climate control. A storage shed adds extra convenience. The property is located in Flood Zone X.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$82.1k	$7.08
− Vacancy	−$3.9k	−$0.34
EGI	$78.2k	$6.74
− OpEx	−$23.5k	−$2.02
NOI	$54.7k	$4.72

11,600 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use

Industrial

$781.9K

$684.1K – $912.2K (±1% cap)

NOI $54,730 @ 7.0% cap · market cap 5.53%

Second Best

Flex RnD

$726.0K

$635.3K – $847.0K (±1% cap)

NOI $50,821 @ 7.0% cap · market cap 5.13%

Theoretical Best

Office A

$2.74M

$2.40M – $3.20M (±1% cap)

NOI $191,985 @ 7.0% cap · market cap 19.39%

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

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Location Insight

Map
Local Demand

City: Lafayette
County: Lafayette
State: Louisiana
Longitude: -92.087598
Latitude: 30.229361

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For sale
Flex space
LA
Lafayette
70506
312 Westgate Road

What type of property is this?

Flex space - Versatile 11,600 SF commercial facility in Lafayette, Louisiana.

Where is this flex space located?

The property is located at 312 Westgate Road Lafayette, LA.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: 11,600 SF flexible facility suitable for a large enterprise or multiple businesses.; **63 on‑site parking spaces** with an additional 20 available through a transferable lease.; Climate‑controlled interior with three recently replaced 10‑ton HVAC units.

312 Westgate Road, Lafayette, LA 70506

COMMERCIAL - Lafayette, LA

Property Features for 312 Westgate Road

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Neighborhood Strip Center Investment

Historic Downtown Lafayette Commercial Property

Flex/Industrial Building with Three Suites

Multi-Purpose Event Center with Commercial Kitchen

Professional Office with Optional Income

Industrial Flex Facility with Showroom

Mixed-Use Building in Lafayette

Lafayette Commercial Investment Opportunity

Versatile Commercial Property on Corner Lot

Professional Office Building For Sale

Downtown Lafayette Commercial Property

Lafayette Commercial Building For Sale

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