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1002 University ave 5,261 SF Retail Building Lafayette, LA 70506 $3,200,000 ($608.25/SF)



Executive Summary
Size: 5,261 SF building on 2.12 acre lot
Estimated Performance: 90K gal/mo.; $170K/mo. Inside sales.
Traffic: 30K vehicles per day
Fully permitted and under construction with completion scheduled for October 2026.
Estimated Performance: 90K gal/mo.; $170K/mo. Inside sales.
Traffic: 30K vehicles per day
Fully permitted and under construction with completion scheduled for October 2026.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,261 SF
Building Class
C
Year Built
2025
Price
$3,200,000
Price Per SF
$608.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6010824 | Improvements Assessment | $0 |
| Land Assessment | $11,543 | Total Assessment | $11,543 |
Property Taxes
Parcel Number
6010824
Land Assessment
$11,543
Improvements Assessment
$0
Total Assessment
$11,543
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1002 University ave
