Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Space in Lafayette, LA Title is generated by Realmo AI

    608 E Gloria Switch Road, Lafayette, LA 70507

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Lafayette, LA

    Property size:
    10,000 SF
    Lot size:
    1.40 Acres
    Added:
    Aug 22, 2023
    Days on Market:
    1016
    Last Refresh:
    Jun 2 at 5:06 pm

    Property Features for 608 E Gloria Switch Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Commercial
    Parking features
    Off Street, Parking Lot
    Exterior features
    Door Sign
    Standard status
    Active
    APN
    6173266
    Size
    10,000 SF
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Description
    PLOT 8-A SEC 2 T9S R4E (1.402 AC)(2022-37034 PLAT)

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    We can help!

    Listing Contact
    Deedra Comeaux
    Deedra Comeaux

    Listing agent Deedra Comeaux License #995707726

    Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA

    Listing date Aug 22, 2023

    MLS# 23007647

    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

    • Build‑to‑Suite: Customize the space to your specific business requirements.
    • Flexible Space: Available space ranges from 1,500 sq ft to 10,000 sq ft.
    • Prime Location: Enjoy frontage on Gloria Switch Rd with access to Moss Street.
    • Commercial Mixed‑Use: Retail/office development opportunity.
    • Platted Property: Property has already been platted.
    • New Construction: Property is under construction.

    Overview

    This commercial mixed-use development offers retail and office spaces with build-to-suite options. The available space ranges from 1,500 to 10,000 square feet, allowing for customized building elements and design choices to meet specific business requirements. The property, which has already been platted, is situated with frontage on Gloria Switch Road and access to Moss Street. The lot size is 1.4 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.008517
    Latitude
    30.294457

    Nearby Similar for Lease

    • $850/Mo
      266 SF

      Lafayette Retail Space For Rent

      Ready-to-operate retail suite near future Buc-ee's location.
      551 E Pont Des Mouton Road, Lafayette, LA 70507
      View Details
    • $1,700,000 SF/Yr
      9,155 SF

      Lafayette Entertainment Venue Opportunity

      Iconic downtown Lafayette venue with dance floor, stage, and kitchen.
      417 Jefferson Street, Lafayette, LA 70501
      View Details
    • $1,200,000 SF/Yr
      18,204 SF

      Versatile Commercial Hub in Lafayette

      Adaptable commercial property with office, manufacturing, and warehouse space.
      120 Banks Avenue, Lafayette, LA 70506
      View Details
    • $250,000 SF/Yr
      4,000 SF

      Lafayette Commercial Space For Rent

      Two suites available, formerly convenience store, restaurant, and hair salon.
      2321 E Simcoe Street, Lafayette, LA 70501
      View Details
    • Contact for pricing
      2,126 SF

      Prime Commercial Space in Lafayette

      Highly visible commercial office space in a well-established shopping center.
      6772 Johnston Street, Lafayette, LA 70506
      View Details
    • Contact for pricing
      1,134 SF

      Tetracube Lofts Commercial Suite

      Open-concept commercial suite with modern, urban design in Lafayette.
      209 Highland Oaks Lane, Lafayette, LA 70508
      View Details
    • Contact for pricing
      1,329 SF

      Move-in Ready Office Suite

      Ground floor office suite in Downtown Lafayette landmark building.
      500 Johnston Street, Lafayette, LA 70501
      View Details
    • Contact for pricing
      1,094 SF

      Tetracube Lofts Commercial Suite

      Open concept commercial/office suite in Lafayette, Louisiana.
      209 Highland Oaks Lane, Lafayette, LA 70508
      View Details
    • Contact for pricing
      3,500 SF

      Lafayette Automotive Business Location

      Auto business location near Oil Center with high traffic.
      1822 W Pinhook Road, Lafayette, LA 70508
      View Details
    • $1,450/Mo
      1,833 SF

      Lafayette Commercial Office Space Available

      Commercial office space for rent in a prime Lafayette location.
      601 Guilbeau Road, Lafayette, LA 70506
      View Details
    • Contact for pricing
      2,600 SF

      Lafayette Office Space For Rent

      Second-floor office space with private entrance and updated amenities.
      202 Magnate Drive, Lafayette, LA 70508
      View Details
    • Contact for pricing
      480 SF

      Professional Office Suites For Rent

      Flexible office suites in a professionally designed building.
      208 W Gloria Switch Road, Lafayette, LA 70507
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use retail/office development with customizable build-to-suite options.
    Where is this mixed-use property located?
    The property is located at 608 E Gloria Switch Road Lafayette, LA.
    What are key features of this property?
    This property features: Build‑to‑Suite: Customize the space to your specific business requirements.; Flexible Space: Available space ranges from 1,500 sq ft to 10,000 sq ft.; Prime Location: Enjoy frontage on Gloria Switch Rd with access to Moss Street.
    (337) 296-7656
    We can help!
    Listing Contact
    Deedra Comeaux
    Deedra Comeaux
    Real Estate License ID: 995707726
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    608 E Gloria Switch Road, Lafayette, LA 70507
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!