Remodeled Professional Office
For Sale
$449,000
1210 Kaliste Saloom Road, Lafayette, LA 70508
Commercial Sale, Lafayette, LA
Property Size1,932 SF
Lot Size0.15 Acres
Price / SF$232.40
Days on Market463
Property Features for 1210 Kaliste Saloom Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
56/10/4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
12
Directions
Across from Rue Louis XIV
Subdivision
G1
Standard status
Active
APN
6059787
Size
1,932 SF
Lot size
0.15 Acres
Additional Details
Property Use
Office
Condition
Newly Renovated
Taxes and HOA fees
Tax Description
SEC 56 T10S R4E (0.151 AC)
Tax Annual Amount
2412
Legal Description
SEC 56 T10S R4E (0.151 AC)
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Wood
Building materials
Frame
Roof type
Composition
Buildings
1
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Robert Minyard · License #99563496
(337) 523-8433
Added: Jul 24, 2025
Changed: Oct 28
Last Checked: Oct 29 at 3:06AM
MLS# 2500001586
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This professional office building measures 1,932 square feet and underwent a full remodel in 2022. Interior finishes include wood flooring, with central heating and central air conditioning. The building has two bathrooms and a composition roof.
The 0.15-acre property is located at 1210 Kaliste Saloom Road in Lafayette, Louisiana. Public water and public sewer serve the site, and natural gas is available.
The 0.15-acre property is located at 1210 Kaliste Saloom Road in Lafayette, Louisiana. Public water and public sewer serve the site, and natural gas is available.
Key Highlights
- Remodeled in 2022
- 1,932‑square‑foot office building
- 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.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A professional office property is offered with an NNN lease structure.
Where is this office building located?
The property is located at 1210 Kaliste Saloom Road 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: Remodeled in 2022; 1,932‑square‑foot office building; NNN lease structure
