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Property profile & analytics
OFF-MARKET
Day care centers

506 Lafayette St Youngsville, LA 70592

15,056 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 15,056 square foot retail center and commercial complex in the rapidly growing city of Youngsville, Louisiana. Priced at $1,250,000, this stabilized property boasts 100% occupancy and offers significant upside potential. The property comprises a five-unit strip center at 506 Lafayette Street, a daycare center, a physiotherapy practice, and a residential apartment at 508 Lafayette Street. A key feature is the inclusion of over 2.5 acres of cleared land at the rear of the property, ideal for future development. This expansive lot offers significant expansion possibilities, complementing the existing income-generating structures. The property enjoys a prime location on Highway 89 (Lafayette Street), within a block of the new Youngsville Municipal Complex, NuNu's Fresh Market, and the Sugar Mill Pond Lifestyle Development, surrounded by thriving residential communities. Additionally, a single-family residential property at 109 Romero Street, situated on a 60' x 166' lot, is included, potentially providing alternative access to the rear 2.5-acre parcel. This comprehensive offering presents a rare chance to acquire a well-positioned, income-producing asset with substantial growth potential in a dynamic Louisiana market. The property's current tenants do not have credit ratings.

Property profile
Verified
Property type Day care centers
Total area 15,056 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
  • Love My Hair Spa Hair Salon
  • Breathe & Move Training Center
  • The Pentecostals of Youngsville Church
  • City Cuts Barbershop Barber 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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