Mixed-Use Property with Nail
For Sale
$500,000
3410 Moss Street, Lafayette, LA 70507
COMMERCIAL - Lafayette, LA
Property Size2,889 SF
Lot Size0.47 Acres
Price / SF$173.07
Days on Market168
Property Features for 3410 Moss Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM-1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
8
Parking features
Parking Lot
Security features
Security System
Exterior features
Partially Fenced, Outside Storage
Fencing
Partial
Subdivision
Coulee Shore
Lot features
Level
Directions
I-49N to Right on Pont des Mouton; Right on Moss. Building on Left.
Standard status
Active
APN
6024920
Size
2,889 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Description
SEC 50 T9S R4E (110X185)
Legal Description
SEC 50 T9S R4E (110X185)
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Jason Ray · License #995704236
(337) 230-0664
Added: Feb 25
Changed: Aug 4
Last Checked: Aug 12 at 7:06PM
MLS# 2600001416
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.
Investment Insights
Based on property information with market context.
Located in the North Lafayette corridor, this mixed-use property combines a front commercial building with a separate residential home on the same site. The commercial space is 1,250 square feet and is currently operating as a nail salon. Behind the commercial building is a separate 1,400-square-foot home featuring 3 bedrooms and 2 baths, providing on-site living or flexible use alongside the existing business.
The property sits along Moss Street with strong road frontage and is positioned for visibility along a high-visibility corridor. The site is zoned CM-1 mixed-use, supporting both commercial and residential uses.
Total building area is listed at 2,889 square feet, and the lot size is 0.47 acres. This configuration offers buyers the option to operate an established business while also owning a separate residence on the same property.
The property sits along Moss Street with strong road frontage and is positioned for visibility along a high-visibility corridor. The site is zoned CM-1 mixed-use, supporting both commercial and residential uses.
Total building area is listed at 2,889 square feet, and the lot size is 0.47 acres. This configuration offers buyers the option to operate an established business while also owning a separate residence on the same property.
Key Highlights
- Rare opportunity: Own an established business, commercial real estate, and a residential home in a high‑visibility location.
- 1,250 sq ft commercial building currently operating as a successful nail salon with strong road frontage.**
- CM‑1 mixed‑use zoning provides flexibility.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,037
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,740
$700.7K
Cap Rate 7%
$500,529
$500.5K
Cap Rate 9%
$389,300
$389.3K
Market Conditions
NOI Build-Up for 2,889 SF
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.
Gross rent
$54.4K $18.84/SF
− Vacancy
−$4.4K −$1.51/SF
EGI
$50.1K $17.33/SF
− OpEx
−$15.0K −$5.20/SF
NOI
$35.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,740
Cap Rate 7%
$500,529
Cap Rate 9%
$389,300
Alternative Uses
Best Use
Retail
$500.5K
$438.0K – $584.0K
NOI $35,037 @ 7.0% cap · market cap 7.01%
Second Best
Office B
$480.3K
$420.2K – $560.3K
NOI $33,619 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$683.1K
$597.7K – $796.9K
NOI $47,814 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Front commercial space is occupied by a nail salon, with a separate 3-bedroom, 2-bath home behind under CM-1 zoning.
Where is this storefront property located?
The property is located at 3410 Moss Street 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: Rare opportunity: Own an established business, commercial real estate, and a residential home in a high‑visibility location.; 1,250 sq ft commercial building currently operating as a successful nail salon with strong road frontage.**; CM‑1 mixed‑use zoning provides flexibility.
