Office-Warehouse Mixed-Use
New
For Sale
$1,675,000
402 Machine Loop, Scott, LA 70583
Commercial Sale, Scott, LA
Property Size10,938 SF
Lot Size1.20 Acres
Price / SF$153.14
Days on Market2
Property Features for 402 Machine Loop
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM-1
Parking features
Off Street
Exterior features
Loading Dock/Grade, OH Door 10 - 15 Ft
Lot features
Corner, Level
Directions
From Lafayette, take I-10 west towards Scott. Take exit 97 for LA 93 /Scott. Turn left onto Apollo Rd, then continue South. turn right onto Machine Loop. 402 Machine Loop will be on your left.
Subdivision
C
Standard status
Active
APN
6091138
Size
10,938 SF
Lot size
1.20 Acres
Taxes and HOA fees
Tax Description
LOTS 3 4 SPECIALTY PARK PH I
Legal Description
LOTS 3 4 SPECIALTY PARK PH I
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Concrete, Tile
Roof type
Metal
Listing Agency:
Scout Real Estate Co.
(337) 443-0880
Listed By:
Jeff Landry · License #995682229
(337) 257-5380
Added: Oct 19
Changed: Oct 20
Last Checked: Oct 20 at 6:06AM
MLS# 2600009806
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.
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Investment Insights
Based on property information with market context.
This two-story office-warehouse contains 10,938 square feet, with office space at the front and warehouse area behind. A 14-foot overhead door supports loading and equipment access. The property also has a metal roof, central heating and air conditioning, and concrete and tile flooring.
The 1.2-acre corner site is at Machine Loop and Specialty Lane in Scott, near I-10 and LA-93. A concrete drive leads to the building, while open ground provides space for off-street parking and may accommodate expansion or a laydown yard. Zoning is CM-1, and public water and sewer serve the property.
The 1.2-acre corner site is at Machine Loop and Specialty Lane in Scott, near I-10 and LA-93. A concrete drive leads to the building, while open ground provides space for off-street parking and may accommodate expansion or a laydown yard. Zoning is CM-1, and public water and sewer serve the property.
Key Highlights
- 10,938‑square‑foot, two‑story office‑warehouse
- 1.2‑acre corner site at Machine Loop and Specialty Lane
- 14‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,886
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,197,720
$2.2M
Cap Rate 7%
$1,569,800
$1.6M
Cap Rate 9%
$1,220,956
$1.2M
Market Conditions
NOI Build-Up for 10,938 SF
Gross rent
$196.9K $18.00/SF
− Vacancy
−$21.1K −$1.93/SF
EGI
$175.8K $16.07/SF
− OpEx
−$65.9K −$6.03/SF
NOI
$109.9K $10.05/SF
Area
Lafayette County, LA
Vacancy
10.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,197,720
Cap Rate 7%
$1,569,800
Cap Rate 9%
$1,220,956
Alternative Uses
Best Use
Mixed Use
$1.57M
$1.37M – $1.83M
NOI $109,886 @ 7.0% cap · market cap 6.56%
Second Best
Warehouse
$792.9K
$693.8K – $925.1K
NOI $55,505 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$2.59M
$2.26M – $3.02M
NOI $181,028 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The front office and rear warehouse are served by a concrete drive and an overhead loading door.
Where is this mixed-use property located?
The property is located at 402 Machine Loop Scott, LA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 10,938‑square‑foot, two‑story office‑warehouse; 1.2‑acre corner site at Machine Loop and Specialty Lane; 14‑foot overhead door
