Louisiana / Lafayette / 70506 / 606 North University Avenue

606 North University Avenue

Lafayette, LA 70506

Listing ID: 235737

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$800,000

For Sale

Property Type Industrial for Sale : Flex/Office Warehouse
Lot Size Acres 1.570
Building Sq Ft 20,184
Building Price per Sq Ft $39.64
Land Sq Ft 68,389
Land Price per Sq Ft $11.70

606 North University Avenue | for Sale | Thumbnail 2

606 North University Avenue | for Sale | Thumbnail 3

Description

20,184 +/- SF retail showroom, office, and warehouse located in Opportunity Zone. Showroom/Office 6,223 +/- SF, Warehouse 13,961 +/- SF. Main warehouse has 24' eave height. Property zoned Commercial Heavy. 1,372 SF office space currently leased to MTM Tenant.

Attachments & Files

25408106606nuniversitysalebrochure-G1R-lZD.pdf

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Listing Demographics for 606 North University Avenue Lafayette, LA 70506

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		11,710	61,636	125,258
Population Median Age		34	36	37
Population by Age	0-9 Yrs	1814 (15%)	7280 (11%)	15466 (12%)
	10-19 Yrs	1752 (14%)	8756 (14%)	15961 (12%)
	20-29 Yrs	2103 (17%)	12893 (20%)	22003 (17%)
	30-39 Yrs	1641 (14%)	8342 (13%)	17028 (13%)
	40-49 Yrs	1220 (10%)	5882 (9%)	13635 (10%)
	50-59 Yrs	1231 (10%)	6914 (11%)	15193 (12%)
	60-69 Yrs	1084 (9%)	6504 (10%)	14646 (11%)
	70+ Yrs	865 (7%)	5064 (8%)	11326 (9%)

Median HH Income		$27,896	$36,051	$44,565
Total Household Income	< 24K	1853 (44%)	8539 (36%)	14871 (30%)
	25-49K	1189 (28%)	6251 (26%)	11623 (23%)
	50-74K	548 (13%)	3628 (15%)	7940 (16%)
	75-99K	230 (5%)	2044 (8%)	5119 (10%)
	100-199K	245 (5%)	2184 (9%)	7144 (14%)
	200K+	87 (2%)	775 (3%)	2447 (4%)

Highest Education Level	No Diploma	1886	6380	10629
	Diploma or GED	2339	12511	25256
	Some College	1335	7828	16770
	Assoc. Degree	318	1737	3981
	Bachelors Degree	1010	6917	18005
	Higher Degree	339	3279	8382

Total Housing Units		4,577	27,105	55,732
--Owner-Occupied		1,740	11,010	27,191
--Renter-Occupied		2,413	12,411	21,952
Owner-Occupied Values	< 100K	771	3420	5586
	100-199K	557	4297	11540
	200-299K	296	1815	5652
	300-399K	93	663	1891
	400-499K	11	240	795
	500K+	13	574	1727

Total Working Age Population		8,779	49,812	100,672
In Work Force		5,040	30,704	63,647
Not In Work Force		3,739	19,108	37,025
Workforce Employed		4,702	28,674	60,037
Workforce Unemployed		338	2,020	3,594
Civlian Workforce		5,040	30,694	63,631
Military Workforce		0	10	16

Total Households		4,152	23,421	49,143
Family Households		2,303	12,014	27,629
Non-Family Households		1,849	11,406	21,514
Married Couple		959	6,364	17,533
Other Family		1,344	5,650	10,097
Married w/Child		325	1,929	6,540
Single Male w/Child		54	392	985
Single Female w/Child		760	2,764	4,655

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Louisiana	4,468,976	+1	4,533,372	+1	4,588,310	+5	4,813,420
Lafayette Parish	190,503	+16	221,578	-2	216,520	+2	221,600
St. Landry Parish	87,700	-5	83,384	+15	95,890	+2	98,080
St. Martin Parish	48,583	+7	52,160	+6	55,520	+3	57,000

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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