Distribution facility sold for 5.4 million

A weekly update on the commercial real estate landscape of Lafayette.

Five commercial sales closed across Lafayette the week of August 10, 2026, totaling $6.6M in disclosed volume. The headline deal: CFA Properties LLC paid $5.4M ($119.79/SF) for an industrial distribution facility at 720 and 730 East Kaliste Saloom Road. Retail and office properties rounded out the week’s activity, with two restaurant-related locations changing hands.


Commercial Sales Recorded Last Week

720, 730 E Kaliste Saloom Rd, Lafayette, LA 70508
720, 730 E Kaliste Saloom Rd, Lafayette, LA 70508

Type: Industrial
Price: $5,425,000 ($119.79 / SF)
Buyer: CFA PROPERTIES LLC
Elifin’s Notes: An industrial distribution property changes hands on East Kaliste Saloom Road.

2402 W Congress St, Lafayette, LA 70506
2402 W Congress St, Lafayette, LA 70506

Type: Office
Price: $525,000 ($157.71 / SF)
Buyer: MOS IV LLC
Elifin’s Notes: The Cassidy Insurance Agency office building sells near Cajun Field.

707 Verot School Rd, Lafayette, LA 70508
707 Verot School Rd, Lafayette, LA 70508

Type: Land
Price: $330,000 ($3.83 / Land SF)
Buyer: ATMAC LLC
Elifin’s Notes: A 1.9+ acre parcel of land sells on Verot School Road.

4559 Johnston St, Lafayette, LA 70503
4559 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $200,000 ($66.67 / SF)
Buyer: MAH 2012 FAMILY TRUST NO 1
Elifin’s Notes: This property is the recently former site of Legend’s Bar on Johnston Street.

203 Winchester Dr, Lafayette, LA 70506
203 Winchester Dr, Lafayette, LA 70506

Type: Retail
Price: $183,000 ($152.50 / SF)
Buyer: CORNER PANTRY CATERING BY CONNIE LLC
Elifin’s Notes: A former drive-thru restaurant property changes hands on Winchester Drive near Adrien’s Supermarket.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
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