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Medical Office Condo For Sale

1103 Kaliste Saloom Rd Lafayette, LA 70508

1103 Kaliste Saloom Rd, Lafayette, LA, 70508
$750,000
For Sale
Claim this Listing
$750,000

Medical office condo located on hospital campus available for sale.

Property Size4,155 SF
Price / SF$180.51
AddedNov 26, 2024
Days on Market595
Last RefreshMay 19 at 10:45 pm

Property Features for 1103 Kaliste Saloom Rd

General Information

Standard status
Active
Size
4,155 SF

Listing office NAI Rampart

Listing date Nov 26, 2024

Source Exprealty

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


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.

Local Financial Insights For Office B

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 $74.8k $18.00
− Vacancy −$10.3k −$2.48
EGI $64.5k $15.52
− OpEx −$16.1k −$3.88
NOI $48.4k $11.64
4,155 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$690.7K
$604.4K – $805.9K (±1% cap)
NOI $48,352 @ 7.0% cap · market cap 6.45%
Second Best
Healthcare Medical
$673.1K
$589.0K – $785.3K (±1% cap)
NOI $47,118 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$982.4K
$859.6K – $1.15M (±1% cap)
NOI $68,767 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lafayette Bone & Joint ... Hospital Quinn Physical Therapy Physician David S Muldowny, ... Physician Daniel L Hodges, ... Physician Sledge III John ... Physician

Suggested Use

Building Supply Restaurant Auto Repair Shop Auto Parts Store Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Electrical Service Parking Lot & Garage Garden Center

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

Similar Off Market Nearby

  • St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
  • 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
  • Blythe Lyons - St. Francis Veterinary Hospital — 151 S Beadle Rd, Lafayette, LA 70508
  • Lyons Blythe DVM — 151 s beadle rd, lafayette, la 70508

FAQs

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 Kaliste Saloom Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $750,000.
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.
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