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Property profile & analytics
OFF-MARKET
Specialty properties

2849 Verot School Rd Lafayette, LA 70508

2,650 SF 0.49 ac lot Built 6
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving car wash business located at 2849 Verot School Road, Lafayette, LA 70508. The property boasts a prime location on a busy four-lane boulevard, with over 20,000 vehicles passing daily, ensuring consistent customer traffic. The car wash itself comprises a single building with 2,650 square feet of space, situated on a 0.49-acre lot. Built within the last 6-10 years, the property is well-maintained and requires minimal upkeep, making it an attractive low-maintenance investment. The asking price is $455,000, translating to a price per square foot of $171.70. The property is zoned for commercial use, offering flexibility and potential for future expansion. While the seller retains all fixtures and equipment, this turnkey operation presents a significant opportunity for immediate income generation. This established business is ready for a new owner to continue its success in a high-demand location. The property's strong performance and convenient location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
Year built 6
Total area 2,650 SF
Lot 0.49 ac (21,344 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
  • Foti Exterminating Co Garden Center
  • Acadian Auto Spa Car Wash
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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