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OFF-MARKET
Retail properties & Spaces

3115 Pinhook Rd Lafayette, LA 70508

4,582 SF 1.65 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Midas Auto Repair Shop
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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