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Property profile & analytics
OFF-MARKET
Warehouses

1229 Evangeline Thruway Lafayette, LA 70501

228,569 SF 27 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 228,569 SF
Lot 27 ac (1,176,120 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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