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
Listing Details MLS# 2600002319
Listing Info
- For Sale
- Yes
- Delayed Marketing
- No
- For Lease
- Yes
- Listing Price
- 1200000
- 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
- Modification Timestamp
- 2026-03-20T20:58:45Z
- Photo Modified
- 2026-03-20T20:50:10Z
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.
General Property Description
- Lot Dimensions
- 300X150
- Acres
- 1.21
- SqFt - Retail
- 2000
- SqFt - Office
- 2000
- SqFt - Warehouse
- 14204
- SqFt - Total
- 18204
- SqFt - Source
- Approximate
- Stories
- Yes
- Elevator
- No
- # Offices
- 5
- Total Baths
- 5
- # Overhead Doors
- 4
- Mineral Rights
- Reserved
- # Parking Spaces
- 65
- Approximate Age
- 21 - 30 Years
- Property Condition
- Resale
- Condition
- Excellent
- Acreage Range
- 1 - 2.99
- # Cranes
- 0
Sewer
- Sewer Company
- LUS
- Public Sewer
- Yes
Water Source
- Water Company
- LUS
- Public
- Yes
Originating Details
- Originating System ID
- M00000300
- Originating System Key
- 20251222160220506961
- Originating System Listing ID
- 2600002319
- Originating System Name
- RAA Flex
More Information
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
- Yes
- Office Park
- Yes
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
- Yes
Price Includes
- Real Estate
- Yes
Parking
- Concrete
- Yes
- Limestone/Shell
- Yes
- On Site
- Yes
- Parking Lot
- Yes
Road Frontage
- Paved
- Yes
- Public Street
- Yes
Construction
- Metal Siding
- Yes
Features
- Employee Lounge
- Yes
- Fire Sprinklers
- Yes
- Handicap Design
- Yes
Foundation
- Slab
- Yes
Lot Description
- Level
- Yes
Exterior
- Door Sign
- Yes
- Fully Fenced
- Yes
- OH Door < 10 Ft
- Yes
- Roof Sign
- Yes
Roof
- Metal
- Yes
Heating
- Central
- Yes
Cooling
- Central Air
- Yes
Gas
- Available
- Yes
- On Property
- Yes
Flooring
- Concrete
- Yes
- Other
- Yes
Electricity
- 200+ Amps
- Yes
- 3 Phase
- Yes
Documents
- Appraisal
- Yes
- Floor Plan
- Yes
Security Features
- Security System
- Yes
- Smoke Alarm
- Yes
Landlord Pays
- None
- Yes
Financing
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Documents List
- Flood Determination Disclosure
- Yes
- Floor Plan
- Yes
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
Flood Determination Disclosure ›
IDX
Listing Office:
Real Broker, LLC
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.