Five-Unit Retail Strip
For Sale
$999,000
Pending
506-508 Lafayette St, Youngsville, LA 70592
Leased retail property with an available suite, additional cleared land, and a mix of commercial and residential improvements.
Property Size15,056 SF
Days on Market219
Property Features for 506-508 Lafayette St
General Information
Standard status
Pending
Size
15,056 SF
Property subtype
Retail
Building Details
Year Built
1960
Listing Agency:
Derbes Falgoust Commercial Real Estate, LLC
(225) 778-5858
Listed By:
Scot Guidry · License #37589
(225) 778-5858
Source:
Lacdb.resimplifi
Added: Jan 23
Changed: Aug 29
Last Checked: Aug 30 at 1:09PM
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 Derbes Falgoust Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This retail-centered commercial property at 506–508 Lafayette Street includes a five-unit strip center, a daycare center, a physiotherapy space, and a residential apartment. The improvements also include a single-family residence at 109 Romero Street. One retail vacancy is currently available within the property.
The site fronts Highway 89, also known as Lafayette Street, in Youngsville. Approximately ±2.5 acres of cleared excess land extend behind the existing improvements, while the residence sits on a 60’ x 166’ lot with possible connectivity to the rear acreage and an alternate access point to the commercial complex. The property is within one block of the Youngsville Municipal Complex, NuNu’s Fresh Market, Sugar Mill Pond Lifestyle Development, and new single-family residential communities. Total property size is 15,056 square feet, and the improvements date to 1960. The projected cap rate is 9.5%.
The site fronts Highway 89, also known as Lafayette Street, in Youngsville. Approximately ±2.5 acres of cleared excess land extend behind the existing improvements, while the residence sits on a 60’ x 166’ lot with possible connectivity to the rear acreage and an alternate access point to the commercial complex. The property is within one block of the Youngsville Municipal Complex, NuNu’s Fresh Market, Sugar Mill Pond Lifestyle Development, and new single-family residential communities. Total property size is 15,056 square feet, and the improvements date to 1960. The projected cap rate is 9.5%.
Key Highlights
- Five‑unit retail strip center at 506 Lafayette Street
- Additional ±2.5 acres of cleared excess land at the rear
- 15,056‑square‑foot property with improvements dating to 1960
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Explore this area
Business Placement
Demographics for 70592, LA
28,975
Population
11,583
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
682
Density / Sq Mi
$93,453
Median Household Income
$53,063
Median Earnings
$1,106
Median Rent
$239,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Leased retail property with an available suite, additional cleared land, and a mix of commercial and residential improvements.
Where is this strip mall located?
The property is located at 506-508 Lafayette St Youngsville, LA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Five‑unit retail strip center at 506 Lafayette Street; Additional ±2.5 acres of cleared excess land at the rear; 15,056‑square‑foot property with improvements dating to 1960
