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    Flex Building with Warehouse and Office Title is generated by Realmo AI

    420 Beau Pre Road, Lafayette, LA 70508

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    COMMERCIAL - Lafayette, LA

    Property size:
    12,766 SF
    Lot size:
    3.00 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 420 Beau Pre Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    unzoned
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking
    35
    Parking features
    Off Street
    Security features
    Security System
    Exterior features
    Partially Fenced, Outside Storage
    Fencing
    Partial
    Standard status
    Active
    APN
    6153561
    Size
    12,766 SF
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Description
    SEC 51 T10S R5E (11.203 AC)(UNPLATTED)(16-15314 PLAT) LOT 3 SEC 51 T10S R5E (3 AC)(16-15314 PLAT)@ 420 BEAU PRE RD

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Calvin L Lege'

    Listing agent Calvin L Lege' License #27701

    Listing office Keller Williams Realty Acadiana 100 Asma Blvd, Suite 100, Lafayette, LA

    Listing date Jun 4, 2026

    MLS# 2600004966

    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.

    HighLights

    • Building includes 3,016 SF office space and 9,750 SF warehouse space
    • Warehouse has 26 ft tall clear height and can accommodate a tenant‑added crane
    • Central air conditioning with central heating (natural gas and electric heating)
    • Metal roof; concrete flooring
    • Public water and septic tank sewer
    • Off‑street parking; partially fenced with outside storage

    Overview

    This flex building offers a total of 12,766 square feet with 3,016 square feet of office space and 9,750 square feet of warehouse space. The warehouse features a 26-foot height, providing room for a tenant to add a crane if desired. The building is described as being in like-new condition. The owner also owns additional property on the side of the building, which may be useful if expansion or added space is required.

    The property is located at 420 Beau Pre Road in Lafayette, Louisiana (Lafayette Parish). The listing notes that the site sits on approximately 3 acres, providing room associated with a small commercial property setting.

    For tenants seeking a setup that supports both operations and administration, the combination of office and warehouse area can help streamline on-site management while keeping distribution or production functions under one roof. The 26-foot warehouse height supports warehousing and light industrial uses, and the potential to add a crane adds flexibility for equipment and material-handling needs. With the owner-controlled side property, the site may also be worth considering for users evaluating near-term space requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Purvis Industries, formerly ... Factory Acadiana Bearing Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bateman Food & Nutrition — 3155 W Pinhook Rd, Lafayette, LA 70508

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.989178
    Latitude
    30.173103

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    FAQs

    What type of property is this?
    Flex space - Like-new flex building combines 3,016 SF office with 9,750 SF warehouse height suitable for adding a crane.
    Where is this flex space located?
    The property is located at 420 Beau Pre Road Lafayette, LA.
    What are key features of this property?
    This property features: Building includes 3,016 SF office space and 9,750 SF warehouse space; Warehouse has 26 ft tall clear height and can accommodate a tenant‑added crane; Central air conditioning with central heating (natural gas and electric heating)
    (337) 288-3304
    We can help!
    Listing Contact
    Calvin L Lege'
    Real Estate License ID: 27701
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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