402 Mecca Dr Lafayette, LA 70508
This Lafayette, Louisiana industrial property, located at 402 Mecca Drive, 70508, presents a unique investment opportunity. The property sits on an approximately 18,000 square foot lot and features a 2,400 square foot light industrial building. The building is comprised of two distinct areas: approximately 1,000 square feet of office space at the front, including a reception area, two offices, a bathroom, and a kitchen; and a 1,400 square foot warehouse space at the rear. The warehouse includes a loft/storage area and a lift, adding significant functionality. The building's history reflects its adaptability, having served as an electric motor business and, more recently, as a light industrial space and commercial construction office. This versatile property is ideal for a variety of uses, offering a blend of office and warehouse space in a convenient Lafayette location. The asking price is $177,500. This is a rare opportunity to acquire a well-maintained industrial property with significant potential in a thriving market. The property is zoned for commercial use.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.