Listing Agency: The Gleason Group

Listed By: Lisa Viator · License #912122026 Show Phone

Source: Lacdb.resimplifi

Added: Jul 18, 2025 Changed: Oct 16 Last Checked: Oct 24 at 1:41PM

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Investment Insights

Based on property information with market context.

This is an opportunity to purchase a newly renovated strip center. The property features 6 versatile units suitable for a variety of business needs. The location provides high traffic and maximum visibility, situated not far from the university and downtown.

Key Highlights

• Prime location with high traffic counts.
• Newly renovated strip center.
• 6 versatile units.

Property Analytics

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Open Analytics

Current Use

Southwest Loan & Insurance ... Insurance Agency Deep South Financial ... Loan Service Goldie Locks Realty ... Real Estate Agency Brandy Siner -Real ... Real Estate Agency Warrior Roofing Roofing Company

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store HVAC Service Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,106

Businesses Nearby

Explore this area Business Placement

Demographics for 70506, LA

39,801

Population

20,296

Households

2

Avg Household Size

36

Median Age

37%

College-Educated

91%

High-School Grad

20.8 sq mi

ZIP Area

1,914

Density / Sq Mi

$55,553

Median Household Income

$38,764

Median Earnings

$1,024

Median Rent

$215,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Newly renovated strip center with 6 units near university.

Where is this strip mall located?

The property is located at 801 W University Ave Lafayette, LA.

What is the asking price?

The asking price for this property is $990,000.

What are key features of this property?

This property features: Prime location with high traffic counts.; Newly renovated strip center.; 6 versatile units.