320 W Willow St, Lafayette, LA 70501
Car wash business, building, and real estate for sale.
- Added:
- Mar 20, 2026
- Days on Market:
- 100
- Last Refresh:
- Mar 21 at 8:36 pm
Property Features for 320 W Willow St
General Information
- Standard status
- Active
- Size
- 1,120 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2016
Listing office Matthews (949) 300-4676
Listing date Mar 20, 2026
Source Crexi
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 Matthews
HighLights
- High‑visibility location on W Willow St with significant daily traffic (24,009 vehicles).
- Opportunity Zone location offering potential tax advantages.
- Owner/user acquisition opportunity including the business, building, and real estate.
- Modern car wash equipment included in the sale.
- Bonus depreciation potential for car wash equipment.
- Central Lafayette location near residential areas and major retailers like Home Depot and McDonald’s.
Overview
Local Financial Insights For Specialty Retail
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 | $21.1k | $18.84 |
| − Vacancy | −$1.7k | −$1.51 |
| EGI | $19.4k | $17.33 |
| − OpEx | −$4.9k | −$4.33 |
| NOI | $14.6k | $12.99 |
Alternative Uses
Current Use by Public Records
Map
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.0183497
- Latitude
- 30.24548