Medical Office Condo For
For Sale
$700,000
1103 E Kaliste Saloom Rd, Lafayette, LA 70508
Medical office condo located on hospital campus available for sale.
Property Size4,155 SF
Price / SF$168.47
Days on Market157
Property Features for 1103 E Kaliste Saloom Rd
General Information
Standard status
Active
Size
4,155 SF
Listing Agency:
NAI Rampart
Listed By:
Jeremy P Harson · License #LA75901
(337) 298-4149
Source:
Athomerealtyla
Added: May 19
Changed: Oct 6
Last Checked: Oct 7 at 1:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Rampart
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,155 RSF medical office condo is available for sale. It is located on the second floor of a building conveniently situated on the Lafayette Surgical and Lourdes Heart Hospital campus on Kaliste Saloom Road. The layout includes a lobby and waiting room, a large reception area, three private offices, a large nurses' station, five exam rooms, two private restrooms, and a breakroom. The property is also available for lease.
Key Highlights
- Prime location on the Lafayette Surgical and Lourdes Heart Hospital campus.
- Substantial medical office space of 4,155 RSF.
- Well‑equipped with a lobby/waiting room, large reception area, and nurses station.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,352
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$967,040
$967.0K
Cap Rate 7%
$690,743
$690.7K
Cap Rate 9%
$537,244
$537.2K
Market Conditions
NOI Build-Up for 4,155 SF
Gross rent
$74.8K $18.00/SF
− Vacancy
−$10.3K −$2.48/SF
EGI
$64.5K $15.52/SF
− OpEx
−$16.1K −$3.88/SF
NOI
$48.4K $11.64/SF
Area
Lafayette, LA
Vacancy
13.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$967,040
Cap Rate 7%
$690,743
Cap Rate 9%
$537,244
Alternative Uses
Best Use
Office B
$690.7K
$604.4K – $805.9K
NOI $48,352 @ 7.0% cap · market cap 6.91%
Second Best
Healthcare Medical
$673.1K
$589.0K – $785.3K
NOI $47,118 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$982.4K
$859.6K – $1.15M
NOI $68,767 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70508, LA
40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Aleksandar Raicevic - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Lonnie Randall - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Lyons Blythe DVM — 151 s beadle rd, lafayette, la 70508
- St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
- Blythe Lyons - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo located on hospital campus available for sale.
Where is this medical office space located?
The property is located at 1103 E Kaliste Saloom Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime location on the Lafayette Surgical and Lourdes Heart Hospital campus.; Substantial medical office space of 4,155 RSF.; Well‑equipped with a lobby/waiting room, large reception area, and nurses station.
