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    1502 W University Ave Lafayette, LA 70506

    For Lease
    $400 /Mo ($29 SF/Yr)

    Professional/Office - Lafayette, LA

    Property size:
    165 SF
    Lot size:
    0.50 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 1502 W University Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mn
    Parking features
    Parking Lot
    Size
    165 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Full, Wood
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    Keaty Real Estate L.L.C. (337) 235-7770 [email protected]

    Listing agent Michele Ezell (337) 235-7770

    Listing date Oct 2, 2025

    MLS# 2500004072 Listing URL

    Copyright © 2025 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space Near University

    This property offers private office suites within a well-maintained older home that has been converted into an office space. It is located with frontage on University Avenue. The space is shared with other tenants. The lease includes access to a shared kitchen, bathroom, parking facilities, and utilities. The property is situated in close proximity to the business core of Downtown and the University. There are two separate offices and a conference room available. Multiple rooms can be rented at a discounted rate. The property has a lot size of 0.5 acres and the property size is 165 square feet. Zoning is Mn.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McConnell Law Offices Personal Injury Attorney Halpin Donna Counselor MICO Company of Acadiana ... Massage Therapist Drillers Mud Systems ... Well Drilling Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0286598
    Latitude
    30.2270923

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    FAQs

    What type of property is this?
    Office space - Office suites in converted home with shared amenities and utilities.
    Where is this office space located?
    The property is located at 1502 W University Ave Lafayette, LA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - Prime University frontage location, close to Downtown and UL.; - Utilities included in lease.; - Access to shared kitchen, bathroom, and parking.
    (337) 235-7770
    Request Owner's contact information
    1502 W University Ave Lafayette, LA 70506
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    Lafayette, LA 70506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1502 W University Ave Lafayette, LA 70506
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