Professional Office
For Sale
$395,000
140 Rue Beauregard, Lafayette, LA 70508
Condominium office unit zoned CH for professional office use.
Property Size2,348 SF
Price / SF$168.23
Days on Market259
Property Features for 140 Rue Beauregard
General Information
Standard status
Active
Size
2,348 SF
Property subtype
Office
Zoning
CH
Listing Agency:
Maestri-Murrell Inc
Listed By:
Drew Gonzales
(337) 591-6411
Source:
Lacdb.resimplifi
Added: Feb 1
Changed: Oct 3
Last Checked: Oct 16 at 5:47AM
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 Maestri-Murrell Inc
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 2,348-square-foot condominium office unit is available for sale at 140 Rue Beauregard, Suite A. The property carries CH zoning and is described for professional office uses, including law and financial advisory practices.
Key Highlights
- 2,348 SF condominium office unit
- CH zoning
- Suite A at 140 Rue Beauregard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,324
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,480
$546.5K
Cap Rate 7%
$390,343
$390.3K
Cap Rate 9%
$303,600
$303.6K
Market Conditions
NOI Build-Up for 2,348 SF
Gross rent
$42.3K $18.00/SF
− Vacancy
−$5.8K −$2.48/SF
EGI
$36.4K $15.52/SF
− OpEx
−$9.1K −$3.88/SF
NOI
$27.3K $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%
$546,480
Cap Rate 7%
$390,343
Cap Rate 9%
$303,600
Alternative Uses
Best Use
Office B
$390.3K
$341.6K – $455.4K
NOI $27,324 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$555.1K
$485.8K – $647.7K
NOI $38,860 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,548
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Condominium office unit zoned CH for professional office use.
Where is this office units located?
The property is located at 140 Rue Beauregard Lafayette, LA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,348 SF condominium office unit; CH zoning; Suite A at 140 Rue Beauregard
