Property profile

5709 Johnston St Lafayette, LA 70503

FOR LEASE
Other commercial real estate
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Property ID
US36-0924379
4,334 SF 0.53 ac Built 2008
Last sale Sep 2026·$1,910,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 5709 Johnston St, Lafayette, Louisiana 70503 is a retail building configured for two tenants. It has previously been occupied by Starbucks and T-Mobile, supporting a multi-tenant retail setup with established branded occupants. The listing referenced a lease structure with a remaining 7-year weighted average lease term and a 7.00% capitalization rate; however, those figures describe a historical/transaction-specific lease profile rather than permanent property attributes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$101k
Assessed land$23k
Assessed improvement$78k
Effective rate10.47%

Value estimate

· Nov 2026
$580k
$522k – $638k
CAP approach$770k
Submarket $/SF estimate$733k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 63,134.29% cap applied$22k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$126/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$82 – $169
Qualifying comparables8

Cap rate analysis

How does the asset earn?
63,134.29%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
HVAC Service15.5
Dental Office15.3

Location

5709 Johnston St Lafayette, LA 70503
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 Englewood Dr, Lafayette, LA 70503-5521 $398,000 Dec 2025 4,911 SF
5732 Johnston, Lafayette, LA 70503-5303 $2,092,000 Jul 2025 3,108 SF
206 Saint Mary, Lafayette, LA 70503-2036 $445,000 Oct 2024 3,360 SF
4432 Johnston, Lafayette, LA 70503-4234 $500,000 Dec 2023 3,982 SF
1412 College, Lafayette, LA 70503-2912 $483,000 Oct 2022 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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