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    2849 Verot School Rd Lafayette, LA 70508

    Sponsored
    For Sale
    $455,000

    Established car wash, high traffic area.

    Property size:
    2,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving car wash business located at 2849 Verot School Road, Lafayette, LA 70508. The property boasts a prime location on a busy four-lane boulevard, with over 20,000 vehicles passing daily, ensuring consistent customer traffic. The car wash itself comprises a single building with 2,650 square feet of space, situated on a 0.49-acre lot. Built within the last 6-10 years, the property is well-maintained and requires minimal upkeep, making it an attractive low-maintenance investment. The asking price is $455,000, translating to a price per square foot of $171.70. The property is zoned for commercial use, offering flexibility and potential for future expansion. While the seller retains all fixtures and equipment, this turnkey operation presents a significant opportunity for immediate income generation. This established business is ready for a new owner to continue its success in a high-demand location. The property's strong performance and convenient location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

    Property Features for 2849 Verot School Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    2,650 SF
    Lot Size
    21,344 SF

    Building Details

    Year Built
    6
    Buildings
    1

    HighLights

    • Thriving car wash business in Lafayette, LA.
    • Prime location on a busy four‑lane road with high daily traffic counts.
    • 2,650 square foot building on a 0.49‑acre lot.
    • Recently built (6‑10 years old), well‑maintained, low‑maintenance.
    • $455,000 asking price ($171.70/SF).
    • Commercially zoned, offering expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Foti Exterminating Co Pest Control Service Acadian Auto Spa Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.03249731
    Latitude
    30.14126319

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    FAQs

    What type of property is this?
    Automotive property - Established car wash, high traffic area.
    Where is this automotive property located?
    The property is located at 2849 Verot School Rd Lafayette, LA.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: Thriving car wash business in Lafayette, LA.; Prime location on a busy four-lane road with high daily traffic counts.; 2,650 square foot building on a 0.49-acre lot.
    Request Owner's contact information
    2849 Verot School Rd Lafayette, LA 70508
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    Lafayette, LA 70508
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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
    2849 Verot School Rd Lafayette, LA 70508
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