Property profile

3115 Pinhook Rd Lafayette, LA 70508

OFF-MARKET
Retail properties & Spaces
4,582 SF 1.65 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,582 square foot automotive service center is available for purchase at $867,900. Located at 3115 W Pinhook Rd in Lafayette, Louisiana (zip code 70508), this property sits on a sizable 1.65-acre lot with 206+ feet of road frontage. The building features six service bays, 28 paved parking spaces, and is equipped with 3-phase electrical service, gas, water, and city sewer. Currently zoned I-1 (Light Industrial), this property presents a compelling opportunity for continued use as an auto shop or redevelopment. Its prime location in a growing area of Lafayette, situated between Verot School Road and Southpark, offers significant potential. The existing improvements provide a solid foundation for a variety of uses, making this a highly attractive investment prospect. The asking price is $867,900, translating to $189.42 per square foot. This is a rare opportunity to acquire a well-located, established commercial property in a thriving market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,582 SF
Lot 1.65 ac (71,874 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

3115 Pinhook Rd Lafayette, LA 70508
Lafayette metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3115 Pinhook Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message