Lafayette, LA
Commercial Real Estate Market Trends & Data

$271 Avg asking sale price
$836 Avg asking lease rate
23,391 SF Avg unit lease size
42,765 SF Avg building size for sale
7.25% Average cap rate

Lafayette's Demographic Profile

Lafayette has 53,029 households and a median income of $52,465, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 122,572
# Households 53,029
Median age 39
Median household income $52,465
Avg household size 2.0
Renter-occupied housing units 24,834
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lafayette, LA

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lafayette $308 69,795 SF 6.75%
Broussard $556 108,301 SF 6.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Lafayette $408 18,063 SF
Scott $153 74,493 SF
Broussard $497 3,327 SF
Youngsville $319 3,099 SF
Rayne $413 2,419 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lafayette $60 62,328 SF 7.00%
Saint Martinville $82 21,684 SF 7.00%
Baton Rouge $60 79,136 SF 8.16%

Commercial Properties For Sale in Lafayette

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Midas - 20 Year Absolute NNN

Lafayette, LA 70508

  • 4,525 SF Flex Building
  • 6.75% Cap Rate
  • $1,762,962
For Sale

140,143 SF Industrial Offering

Broussard, LA 70518

  • 140,143 SF Industrial Building
  • 6.50% Cap Rate
  • $39,830,769
For Sale

312 Westgate Rd

Scott, LA 70583

  • 11,600 SF Industrial Building
  • $990,000
For Sale

West Willow Grocery-Anchored Shopping Center

Lafayette, LA 70501

  • 100,264 SF Retail Building
  • 8.75% Cap Rate
  • $4,610,000
For Sale

Starbucks | New 10-Year Corporate Lease

Abbeville, LA 70510

  • 2,016 SF Retail Building
  • 6.35% Cap Rate
  • $2,019,024
For Sale

2209 Richard St

Abbeville, LA 70510

  • 22,420 SF Specialty
  • 4.20% Cap Rate
  • $1,500,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Multifamily vs. Single-Family Investing ROI
Multifamily vs. Single-Family Investing ROI
Multifamily vs single-family investing compared across cash flow, vacancy risk, financing, management complexity, and ROI to help investors evaluate returns and downside risk by property type.
CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
How to plan capital expenditures, prioritize projects, and manage risk without sacrificing returns on your commercial property investment.
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lafayette pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lafayette $271 42,765 SF
Scott $97 23,277 SF
Broussard $386 70,618 SF
Duson $121 13,177 SF

Regional Demographic Comparison

This comparison places Lafayette alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lafayette or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lafayette 122,572 53,029 39 $52,465 2 24,834 5%
Scott 9,290 3,692 39 $61,041 2 1,121 6%
Broussard 13,157 5,009 38 $79,917 3 1,017 6%
Duson 767 307 38 $38,648 3 88 -7%
Carencro 9,628 3,682 37 $62,464 3 1,017 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lafayette, LA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lafayette

View All Commercial Real Estate For Sale in Lafayette
Is Lafayette a good market for a first-time commercial real estate investor?

Lafayette offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lafayette?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lafayette. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lafayette?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lafayette. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lafayette compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lafayette. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lafayette acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lafayette, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Cities
Commercial Market Reports