Remodeled Professional Office
For Sale
$449,000
1210 Kaliste Saloom Rd, Lafayette, LA 70508
Renovated in 2022 and offered with an NNN lease structure.
Property Size1,932 SF
Price / SF$232.40
Days on Market447
Property Features for 1210 Kaliste Saloom Rd
General Information
Standard status
Active
Size
1,932 SF
Total Parking Spaces
12
Property subtype
Office
Zoning
MN-1
Amenities
Power
Water
Sewer
Vacant
12 Parking Spaces
Building Details
Year Renovated
2022
Listing Agency:
The Gleason Group
Listed By:
Robert Minyard · License #99563496
(337) 523-8433
Source:
Lacdb.resimplifi
Added: Jul 24, 2025
Changed: Oct 11
Last Checked: Oct 12 at 4:44PM
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 The Gleason Group
Investment Insights
Based on property information with market context.
This professional office building encompasses approximately 1,932 square feet and underwent a complete remodel in 2022. The property is offered with an NNN lease structure.
Located at 1210 Kaliste Saloom Rd in Lafayette, Louisiana, the asset provides a compact office configuration for professional use within an established commercial corridor.
Located at 1210 Kaliste Saloom Rd in Lafayette, Louisiana, the asset provides a compact office configuration for professional use within an established commercial corridor.
Key Highlights
- Approximately 1,932 square feet of professional office space
- Complete remodel completed in 2022
- NNN lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,483
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,660
$449.7K
Cap Rate 7%
$321,186
$321.2K
Cap Rate 9%
$249,811
$249.8K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$34.8K $18.00/SF
− Vacancy
−$4.8K −$2.48/SF
EGI
$30.0K $15.52/SF
− OpEx
−$7.5K −$3.88/SF
NOI
$22.5K $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%
$449,660
Cap Rate 7%
$321,186
Cap Rate 9%
$249,811
Alternative Uses
Best Use
Office B
$321.2K
$281.0K – $374.7K
NOI $22,483 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.8K
$399.7K – $532.9K
NOI $31,975 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated in 2022 and offered with an NNN lease structure.
Where is this office building located?
The property is located at 1210 Kaliste Saloom Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Approximately 1,932 square feet of professional office space; Complete remodel completed in 2022; NNN lease structure
