Mixed-Use Commercial
2807 Kaliste Saloom Road Lafayette, LA 70508
2807 Kaliste Saloom Road, Lafayette, LA, 70508
$629,000
For Sale
$629,000
COMMERCIAL - Lafayette, LA
Property Size4,200 SF
Lot Size0.34 Acres
Price / SF$149.76
Days on Market139
Property Features for 2807 Kaliste Saloom Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CM1
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Parking features
- Off Street, Parking Lot
- Exterior features
- Pole Sign
- Standard status
- Active
- APN
- 6024175
- Size
- 4,200 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- Sec 70 T10 S R4E (.343 Ac) (130x105.22)
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Vinyl
- Building materials
- Stucco
- Roof type
- Metal
Listing agency
Keller Williams Realty Acadiana
(337) 735-9300
Listed by
Selena C Lormand · License #26302
(337) 962-6305
Added: Mar 6 Updated: Jul 9 at 7:06AM Checked: Jul 23 at 2:06AM
MLS# 2600001761
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This mixed-use commercial building in Lafayette offers three separate suites designed for office, medical, or retail use. One suite is currently generating $5,000 per month in income. A second suite is described as suitable for potential medical space and is presented for lease at $2,000 per month. The upstairs level is one large open space with a full bath, providing additional flexibility for an end-user or operator.
The property is offered for sale with CM1 zoning and is positioned in the heart of Lafayette with high visibility and access for commercial tenants. The site includes 17 parking spots, including one handicap-accessible space.
For buyers, the layout supports multiple operating strategies, whether you are seeking owner-occupancy with an additional income-producing suite or planning to lease space to office, medical, or retail tenants. The combination of multiple suites, on-site parking, and an upstairs open configuration can help accommodate a range of tenant needs within a single building.
The property is offered for sale with CM1 zoning and is positioned in the heart of Lafayette with high visibility and access for commercial tenants. The site includes 17 parking spots, including one handicap-accessible space.
For buyers, the layout supports multiple operating strategies, whether you are seeking owner-occupancy with an additional income-producing suite or planning to lease space to office, medical, or retail tenants. The combination of multiple suites, on-site parking, and an upstairs open configuration can help accommodate a range of tenant needs within a single building.
Key Highlights
- Mixed‑use building in the heart of Lafayette with 3 separate suites
- One suite currently generates $5,000/month; another is listed for lease at $2,000/month
- Large upstairs space with a full bath and open layout
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.1k | $18.84 |
| − Vacancy | −$6.4k | −$1.51 |
| EGI | $72.8k | $17.33 |
| − OpEx | −$21.8k | −$5.20 |
| NOI | $50.9k | $12.13 |
4,200 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 30.00%
Alternative Uses
Best Use
Retail
$727.7K
$636.7K – $848.9K
NOI $50,936 @ 7.0% cap · market cap 8.10%
Second Best
Office B
$698.2K
$610.9K – $814.6K
NOI $48,875 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$993.0K
$868.9K – $1.16M
NOI $69,512 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
iCARE Community Pharmacy
Pharmacy
Alternative perspective llc
Physician
iCARE Community Pharmacy ...
Pharmacy
Dr. Opal E. ...
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Three-suite mixed-use building with dedicated parking, offering flexible space for office, medical, or retail users.
Where is this office units located?
The property is located at 2807 Kaliste Saloom Road Lafayette, LA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Mixed‑use building in the heart of Lafayette with 3 separate suites; One suite currently generates $5,000/month; another is listed for lease at $2,000/month; Large upstairs space with a full bath and open layout
