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    200 Westmark Blvd Lafayette, LA 70506

    Sponsored
    For Lease
    $5 SF/Yr

    51,136 SF Warehouse, Excellent Location

    Lot size:
    51,136 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-tenant industrial property, located at 200 Westmark Blvd, Lafayette, LA 70506, offers 51,136 square feet of versatile warehouse, distribution, and flex space. The building boasts a substantial 26-foot clear height, ideal for efficient storage and operations. Three dock-high doors provide convenient loading and unloading capabilities, streamlining logistics. The property's classification as a warehouse, distribution, and flex space makes it suitable for a wide range of businesses. Its single-tenant occupancy ensures ease of management and control. The strategic location in Lafayette, Louisiana, offers access to key transportation routes and a robust workforce. This property presents a significant opportunity for businesses seeking a functional and well-situated industrial space. The building's sprinkler system enhances safety and security, providing peace of mind for occupants and their operations. With its impressive size, high ceilings, and convenient features, this industrial space is ready to accommodate a variety of business needs. The property is situated in a prime location within Lafayette, offering easy access to major roadways and amenities. This is an exceptional opportunity to secure a substantial and well-equipped industrial property in a thriving Louisiana market. The building's single-tenant status simplifies management and provides a stable investment opportunity.

    Property Features for 200 Westmark Blvd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,136 SF
    Total Rate
    23437.33

    Unit(s) available at that property

    Space
    Size
    11,464 SF
    Rate per SF
    $5

    HighLights

    • 51,136 SF single‑tenant industrial building in Lafayette, LA.
    • Three dock‑high doors.
    • 26' clear height, 29' to roof deck.
    • 24' 5" column spacing.
    • 11,464 SF available for sublease within the building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ashley Store Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.073414918566
    Latitude
    30.184556570653

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    FAQs

    What type of property is this?
    Flex space - 51,136 SF Warehouse, Excellent Location
    Where is this flex space located?
    The property is located at 200 Westmark Blvd Lafayette, LA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 51,136 SF single-tenant industrial building in Lafayette, LA.; Three dock-high doors.; 26' clear height, 29' to roof deck.
    Request Owner's contact information
    200 Westmark Blvd 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
    200 Westmark Blvd Lafayette, LA 70506
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