Property profile

3803 Moss St Lafayette, LA 70507

OFF-MARKET
Commercial real estate
Property ID
US36-1024860
74,550 SF 7.01 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Evangeline Plaza Shopping Center, located at 3803 Moss St, Lafayette, LA 70507, presents a prime retail opportunity in a revitalized shopping destination in North Lafayette. This single-story, 74,855 square foot shopping center features six suites, with a total of 27,450 square feet currently vacant. Spaces range from a minimum of 1,250 square feet to a maximum contiguous space of 7,475 square feet, offering flexibility for various retail businesses. The center is zoned CH and boasts high visibility from Pont Des Mouton. Its strategic location near the I-49/I-10 interchange provides excellent accessibility for commuters and customers. The addition of strong national tenants like Planet Fitness and O'Reilly Auto Parts (including their new distribution center and retail store) creates a vibrant and attractive tenant mix, presenting an exceptional opportunity for both local and national retailers to establish a presence in this thriving area. The APN is 6041624, and the property is situated in Lafayette Parish. Several available spaces are positioned along the northern strip of the center, with opportunities for combining units.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 74,550 SF
Lot 7.01 ac (305,356 SF)
APN 6041624
UPID US36-1024860

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Auto Parts Store
  • Tax Preparation
  • Gym & Fitness Center

Location

3803 Moss St Lafayette, LA 70507-4589
Lafayette metro Census 1002 LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.15M
Blend (final) Blend
$3.42M

Owner & transaction history

since 2022
Last sale
$4.1M
2 recorded transactions
2022
$4.1M
2014
$6.9M

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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