1229 Evangeline Thruway Lafayette, LA 70501
This exceptional Lafayette, Louisiana industrial property, located at 1229 NW Evangeline Thruway (zip code 70501), offers 228,569 square feet of versatile space ideal for manufacturing, flex, warehouse, distribution, or R&D uses. Currently featuring multiple tenants, 100,000 square feet is immediately available. The single-story building, renovated in 2001, sits on a 27-acre lot and boasts a 20-foot ceiling height. Access is provided by three dock-high doors and one drive-in door. The building is climate-controlled (heated and cooled) and offers the advantage of fiber Gigabit internet connectivity. The zoning is designated as CH. The property's dimensions are approximately 310 feet by 325 feet, and it is situated within an Opportunity Zone. The building can be subdivided into increments of 10,000 and 100,000 square feet, offering flexibility for various business needs. This prime location provides easy access via Evangeline Thruway. The building has a floor area ratio (FAR) of 0.2.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.