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Property profile & analytics
OFF-MARKET
Warehouses

3019 Evangeline Thruway Lafayette, LA 70507

5,167 SF
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 3019 NW Evangeline Thruway in Lafayette, Louisiana, presents a unique opportunity for businesses seeking a spacious and versatile warehouse space. The single-story building boasts a total of 5,167 square feet, with approximately 5,000 square feet currently vacant and ready for immediate occupancy. Situated on a 0.51-acre lot in Lafayette Parish (zip code 70507), this warehouse offers convenient access to I-49 Service Road. The property includes four automotive lifts, which may be available for use by the next tenant. A significant advantage is the approximately 0.40 acres of vacant land situated on the south side of the building, offering potential for expansion. It's important to note that the automotive lifts and the adjacent vacant land are not included in the current asking price for the building itself

Property profile
Verified
Property type Warehouses
Total area 5,167 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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