Retail Business For
For Sale
$500,000
3410 Moss St, Lafayette, LA 70507
Retail business for sale with 40% CAP rate.
Property Size1,489 SF
Price / SF$335.80
Days on Market242
Property Features for 3410 Moss St
General Information
Standard status
Active
Size
1,489 SF
Property subtype
Retail
Zoning
CM-1
Listing Agency:
Keaty Real Estate
Listed By:
Brad Gaubert · License #0995684579
(337) 278-8512
Source:
Lacdb.resimplifi
Added: Feb 25
Changed: Oct 2
Last Checked: Oct 24 at 1:36PM
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 Keaty Real Estate
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Investment Insights
Based on property information with market context.
This commercial property, comprising 2,889 square feet, is available for sale. The property is suitable for retail and mixed-use purposes. The property is being offered as a business for sale and features a 40.00% CAP rate.
Key Highlights
- 40.00% CAP Rate makes this an attractive investment.
- Business for Sale, offering a unique opportunity.
- 2,889 SqFt provides ample space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,058
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,160
$361.2K
Cap Rate 7%
$257,971
$258.0K
Cap Rate 9%
$200,644
$200.6K
Market Conditions
NOI Build-Up for 1,489 SF
Gross rent
$28.1K $18.84/SF
− Vacancy
−$2.3K −$1.51/SF
EGI
$25.8K $17.33/SF
− OpEx
−$7.7K −$5.20/SF
NOI
$18.1K $12.13/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,160
Cap Rate 7%
$257,971
Cap Rate 9%
$200,644
Alternative Uses
Best Use
Retail
$258.0K
$225.7K – $301.0K
NOI $18,058 @ 7.0% cap · market cap 3.61%
Second Best
Mixed Use
$245.7K
$215.0K – $286.6K
NOI $17,198 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$352.1K
$308.1K – $410.7K
NOI $24,644 @ 7.0% cap · market cap 4.93%
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
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - Retail business for sale with 40% CAP rate.
Where is this retail property located?
The property is located at 3410 Moss St Lafayette, LA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 40.00% CAP Rate makes this an attractive investment.; Business for Sale, offering a unique opportunity.; 2,889 SqFt provides ample space.
