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    405 Wall St Lafayette, LA 70506

    Sponsored
    For Sale
    $499,999

    5,609 SF Warehouse, Prime Location

    Property size:
    5,609 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,609-square-foot industrial warehouse is ideally situated at 405 Wall St, Lafayette, LA 70506, offering unparalleled accessibility and visibility. Located on a 0.6-acre corner lot off Eraste Landry Road, this property boasts excellent connectivity to major thoroughfares like Bertrand Drive and Ambassador Caffery Parkway, ensuring seamless transportation and logistics. The warehouse features a practical layout, including one ground-level roll-up door, perfect for efficient loading and unloading. A convenient lay-down yard in the rear provides additional storage and operational space. The property is zoned IL – Industrial Light, providing flexibility for a variety of business uses. The building sits on a 0.6-acre lot (APN 6059668) and is offered at $499,999. The current owner is willing to consider remodeling the space to meet the specific needs of qualified buyers, making this a truly adaptable and attractive investment opportunity. This property presents a rare chance to acquire a well-located, functional warehouse in a thriving Lafayette market.

    Property Features for 405 Wall St

    General Information

    Property type
    Distribution properties
    Square Feet
    5,609 SF
    Lot Size
    26,136 SF

    Building Details

    Buildings
    1

    HighLights

    • High‑profile location off Eraste Landry Rd.
    • Excellent visibility and access to key roadways.
    • Features a ground‑level roll‑up door and ample lay‑down yard.
    • Seller will consider tenant improvements for qualified buyers.
    Property Profile Location Intelligence

    Current Use by Public Records

    CalCorp Inc Roofing Roofing Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.061090132322
    Latitude
    30.219962318301

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    FAQs

    What type of property is this?
    Distribution property - 5,609 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 405 Wall St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: High-profile location off Eraste Landry Rd.; Excellent visibility and access to key roadways.; Features a ground-level roll-up door and ample lay-down yard.
    Request Owner's contact information
    405 Wall St Lafayette, LA 70506
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    Lafayette, LA 70506
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    Realmo Value Estimation

    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.

    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.

    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
    405 Wall St Lafayette, LA 70506
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