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Property profile & analytics
OFF-MARKET
Warehouses

1016 Evangeline Thruway Lafayette, LA 70501

216,603 SF Built 1964
Property ID
Property summary
AI-generated overview

This exceptional 216,603 square foot industrial property, situated on a 12.3-acre lot in Lafayette, Louisiana, presents a significant investment opportunity. The single-story building, constructed in 1964, boasts a versatile layout encompassing executive office space, flex space, and substantial warehouse/distribution areas. Currently, 30,000 square feet of space is available for lease within this multi-tenant building. The property features 10 dock-high doors, enhancing efficient loading and unloading operations. Its strategic location offers unparalleled accessibility, with 620 feet of frontage on Highway 90, providing exceptional visibility and convenient access. The site is strategically positioned just 3.5 miles from I-10 and 1.5 miles from Lafayette Regional Airport, ensuring seamless transportation links. While a rail line is adjacent to the facility, it currently lacks a spur. The property is zoned for light industrial use and is identified by APN 6024514 within Lafayette Parish County, submarket G2. This location offers a compelling blend of accessibility, visibility, and functional space, making it ideal for a variety of industrial and distribution businesses. The property's size and features make it a highly attractive option for businesses seeking a well-established presence in the thriving Lafayette market. The address is 1016 SW Evangeline Thruway, Lafayette, LA 70501.

Property profile
Verified
Property type Warehouses
Year built 1964
Total area 216,603 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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