Two-Story Flex
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 Market5
Property Features for 402 Machine Loop
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM-1
Lot features
Corner Lot, 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
Additional Details
Property Use
Office/Warehouse
Taxes and HOA fees
Tax Description
LOTS 3 4 SPECIALTY PARK PH I
Legal Description
LOTS 3 4 SPECIALTY PARK PH I
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Concrete, Tile, Vinyl
Building materials
Metal Siding
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 23
Last Checked: Oct 23 at 2:06PM
MLS# 2600009806
Copyright © 2026 ROAM MLS. 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.
At 402 Machine Loop, this two-story flex property contains 10,938 square feet, with office space at the front and warehouse area behind it. A 14-foot overhead door serves the warehouse. Metal siding and a metal roof complement interior tile, concrete, and vinyl flooring. The building has central heating and air conditioning, public water and sewer, and natural gas available.
The property occupies a 1.2-acre corner site in Specialty Park, at Machine Loop and Specialty Lane, within Scott city limits. It is near I-10 and LA-93. A concrete drive reaches the building, while open ground provides parking area and may accommodate expansion or a laydown yard. The zoning designation is CM-1.
The property occupies a 1.2-acre corner site in Specialty Park, at Machine Loop and Specialty Lane, within Scott city limits. It is near I-10 and LA-93. A concrete drive reaches the building, while open ground provides parking area and may accommodate expansion or a laydown yard. The zoning designation is CM-1.
Key Highlights
- 10,938‑square‑foot, two‑story flex building with front office and rear warehouse
- 14‑foot overhead door at the warehouse
- 1.2‑acre corner site at Machine Loop and Specialty Lane in Specialty Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,667
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,340
$1.3M
Cap Rate 7%
$909,529
$909.5K
Cap Rate 9%
$707,411
$707.4K
Market Conditions
NOI Build-Up for 10,938 SF
Gross rent
$98.4K $9.00/SF
− Vacancy
−$492 −$0.05/SF
EGI
$97.9K $8.96/SF
− OpEx
−$34.3K −$3.13/SF
NOI
$63.7K $5.82/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,340
Cap Rate 7%
$909,529
Cap Rate 9%
$707,411
Alternative Uses
Best Use
Flex RnD
$909.5K
$795.8K – $1.06M
NOI $63,667 @ 7.0% cap · market cap 3.80%
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
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Balanced
Demand for This Use
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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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Front office space and a rear warehouse support businesses combining administrative work with hands-on operations.
Where is this flex space 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 flex building with front office and rear warehouse; 14‑foot overhead door at the warehouse; 1.2‑acre corner site at Machine Loop and Specialty Lane in Specialty Park
