700 Westgate Rd Lafayette, LA 70506
This exceptional commercial property, located at 700 Westgate Road in Lafayette, Louisiana, presents a fantastic opportunity for a single-tenant business. The property boasts a total building size of 640 square feet situated on a sizable 0.72-acre lot. Its versatile zoning allows for a variety of uses, including retail, restaurant, or quick-service restaurant (QSR) operations. The property's convenient location in Lafayette Parish, with a zip code of 70506, offers excellent visibility and accessibility for customers. The single-tenant occupancy ensures ease of management and control. This property is ideal for a business seeking a well-positioned, manageable space in a thriving Lafayette community. The ample lot size provides potential for future expansion or outdoor seating, depending on the intended use. This is a rare opportunity to secure a prime commercial space in a desirable location. The property is currently available for lease and is ready for immediate occupancy. Interested parties are encouraged to inquire for further details and leasing information. The property is classified as Commercial, Grocery Store, and QSR/Fast Food.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.