Technical
Financial
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Property profile

402 Mecca Dr Lafayette, LA 70508

OFF-MARKET
Warehouses
2,400 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 2,400 SF

Cap rate & NOI

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

Location

402 Mecca Dr Lafayette, LA 70508
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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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
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