120 Banks Avenue, Lafayette, LA 70506
$1,200,000
Property Type:
Commercial Lease
Baths:
5
Square Footage:
18,204
Lot Size (sq. ft.):
52,708
Status:
Active
Current Price:
$1,200,000
List Date:
3/20/2026
Last Modified:
3/20/2026
Description
120 Banks Avenue is more than just a commercial property -- it's a fully integrated business hub with the flexibility to grow, scale, and generate income.
Spanning ±18,204 square feet, this facility is designed to support everything under one roof -- from leadership and client-facing operations to manufacturing, storage, and distribution. The property features over 2,000 square feet of professional office space, a 400 square foot boardroom overlooking the production floor, and a 6,000+ square foot climate-controlled manufacturing area equipped with upgraded electrical systems and compressed air. Supporting spaces include a 5,300+ square foot warehouse, a 2,400+ square foot garage/workshop with roll-up access, and a dedicated office within the manufacturing area for on-site management.
The space creates options -- operate your entire business in one centralized location, expand into additional space over time, or lease out unused office or warehouse areas to offset expenses and generate income for your business. Four roll-up doors, approximately 350 feet of road frontage, and 3 minutes to I-10 make logistics, visibility, and accessibility seamless.
Additional features include a 1,000+ square foot employee area with kitchen, lounge, and storage, five restrooms throughout the building, and 25 striped parking spaces with the ability to expand to approximately 65.
Positioned in Flood Zone X and Census Tract 6.02. While not located within a designated Enterprise Zone, businesses may still qualify for Louisiana Enterprise Zone incentives based on job creation and employee eligibility -- buyer to verify. Zoned IL, which supports a wide range of industrial and commercial uses -- making it an ideal fit for owner-users, investors, or businesses looking for a space that can adapt as they grow.
Supplements: ********
More Information MLS# 2600002319
Listing Info
Delayed Marketing: No
For Sale: Yes
For Lease: Yes
List Price/SqFt: 65.92
For Lease Price: 6
Per: SqFt
Date Available: 2026-04-01
Document Modified: 2026-03-20 15:50:10.298656
Status: Active
Listing Date: 2026-03-20
Listing Price: 1200000
Current Price: $1,200,000
Modification Timestamp: 2026-03-20T20:58:45Z
Photo Modified: 2026-03-20T20:50:10Z
Location, Tax & Legal Info
Flood Zone: X
Legal Desc: Lots 10 11 12 Blk 1 Roy Estates (300X150) Adjacent Strip Of Land (50X150) (More/Less) (Between Lots 12 & 13)
Location
Industrial Park: 1
Office Park: 1
General Property Description
Approximate Age: 21 - 30 Years
Condition: Excellent
Lot Dimensions: 300X150
Stories: 1
SqFt - Total: 18204
SqFt - Source: Approximate
Mineral Rights: Reserved
Property Condition: Resale
Acreage Range: 1 - 2.99
SqFt - Retail: 2000
SqFt - Office: 2000
SqFt - Warehouse: 14204
Elevator: No
# Offices: 5
# Cranes: 0
# Overhead Doors: 4
# Parking Spaces: 65
Acres: 1.21
Total Baths: 5
Sale/Lease Info
Lease Purchase: No
CAM Fee: 0
CAM Fee SF/Yr: SF
Est Bldg Ins: 8,000
Sublease: No
Deposit: 9102
Min Terms (Yrs): 3
Tenant Deductible: 0
Remarks & Misc
Remarks: 120 Banks Avenue is more than just a commercial property -- it's a fully integrated business hub with the flexibility to grow, scale, and generate income.
Spanning ±18,204 square feet, this facility is designed to support everything under one roof -- from leadership and client-facing operations to manufacturing, storage, and distribution. The property features over 2,000 square feet of professional office space, a 400 square foot boardroom overlooking the production floor, and a 6,000+ square foot climate-controlled manufacturing area equipped with upgraded electrical systems and compressed air. Supporting spaces include a 5,300+ square foot warehouse, a 2,400+ square foot garage/workshop with roll-up access, and a dedicated office within the manufacturing area for on-site management.
The space creates options -- operate your entire business in one centralized location, expand into additional space over time, or lease out unused office or warehouse areas to offset expenses and generate income for your business. Four roll-up doors, approximately 350 feet of road frontage, and 3 minutes to I-10 make logistics, visibility, and accessibility seamless.
Additional features include a 1,000+ square foot employee area with kitchen, lounge, and storage, five restrooms throughout the building, and 25 striped parking spaces with the ability to expand to approximately 65.
Positioned in Flood Zone X and Census Tract 6.02. While not located within a designated Enterprise Zone, businesses may still qualify for Louisiana Enterprise Zone incentives based on job creation and employee eligibility -- buyer to verify. Zoned IL, which supports a wide range of industrial and commercial uses -- making it an ideal fit for owner-users, investors, or businesses looking for a space that can adapt as they grow.
Office/Member/Contract Info
List AOR: RAA
Property Type
Industrial: 1
Price Includes
Real Estate: 1
Parking
Concrete: 1
Limestone/Shell: 1
On Site: 1
Parking Lot: 1
Road Frontage
Paved: 1
Public Street: 1
Construction
Metal Siding: 1
Features
Employee Lounge: 1
Fire Sprinklers: 1
Handicap Design: 1
Foundation
Slab: 1
Lot Description
Level: 1
Exterior
Door Sign: 1
Fully Fenced: 1
OH Door < 10 Ft: 1
Roof Sign: 1
Roof
Metal: 1
Heating
Central: 1
Cooling
Central Air: 1
Gas
Available: 1
On Property: 1
Flooring
Concrete: 1
Other: 1
Electricity
200+ Amps: 1
3 Phase: 1
Sewer
Public Sewer: 1
Sewer Company: LUS
Water Source
Public: 1
Water Company: LUS
Documents
Appraisal: 1
Floor Plan: 1
Security Features
Security System: 1
Smoke Alarm: 1
Landlord Pays
None: 1
Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Other: 1
Documents List
Flood Determination Disclosure: 1
Floor Plan: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20251222160220506961
Originating System Listing ID: 2600002319
Originating System Name: RAA Flex
Location Tax Legal Info
Street Number: 120
Street Name: Banks
St Suffix: Avenue
Parish: Lafayette
State: LA
Zip Code: 70506
Subdivision: Roy Estates II
Area: G3
Tax Assessment Number: 6045923
Zone: IL
Directions: From I-10 Head southeast on Exit 100, Turn right onto US-167, Turn left onto US-90 E, Turn right onto Banks Ave. Building will be on your right.
Property Features
Property Type: Industrial
Location: Industrial Park; Office Park
Road Frontage: Paved; Public Street
Features: Employee Lounge; Fire Sprinklers; Handicap Design
Exterior: Door Sign; Fully Fenced; OH Door < 10 Ft; Roof Sign
Heating: Central
Cooling: Central Air
Gas: Available; On Property
Electricity: 200+ Amps; 3 Phase
Sewer: Public Sewer
Water Source: Public
Construction: Metal Siding
Roof: Metal
Flooring: Concrete; Other
Documents: Appraisal; Floor Plan
Lot Description: Level
Landlord Pays: None
Parking: Concrete; Limestone/Shell; On Site; Parking Lot
Foundation: Slab
Financing: 1031 Exchange; Cash; Conventional; Other
Price Includes: Real Estate
Security Features: Security System; Smoke Alarm
Documents List: Flood Determination Disclosure; Floor Plan
Documents
Listing Office:
Real Broker, LLC
IDX
Last Updated: March - 20 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Flood Determination Disclosure ›