Two-Story Office Building with
For Sale
$2,200,000
Pending
1605 W Pinhook Road, Lafayette, LA 70508
Commercial Sale, Lafayette, LA
Property Size13,362 SF
Lot Size1.51 Acres
Days on Market368
Property Features for 1605 W Pinhook Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CH
Parking features
Parking Lot
Directions
Head towards the airport on Kaliste Saloom Rd, then turn left onto W Pinhook Rd. Continue for about half a mile - 1605 W PInhook Rd will be on your right.
Subdivision
G1
Standard status
Pending
APN
6040823
Size
13,362 SF
Lot size
1.51 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
LOT 1 SEC 46 T10S R4E (1.515 AC)
Legal Description
LOT 1 SEC 46 T10S R4E (1.515 AC)
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
atrium
Building Details
Building materials
Brick
Roof type
Tar/Gravel
Buildings
1
Listing Agency:
Scout Real Estate Co.
(337) 443-0880
Listed By:
Jeff Landry · License #995682229
(337) 257-5380
Added: Oct 21, 2025
Changed: Oct 23
Last Checked: Oct 23 at 6:06PM
MLS# 2500004779
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 13,362-square-foot office building spans two floors and features an atrium, private offices, and open cubicle areas. Brick construction, central heating and air conditioning, and a tar-and-gravel roof complete the building’s physical profile. The property is zoned CH and occupies 1.51 acres.
Parking is provided on site, with lot access from W Pinhook Road and La Rue France. Public water and sewer serve the property, and natural gas is available.
Parking is provided on site, with lot access from W Pinhook Road and La Rue France. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- 13,362‑square‑foot office building on 1.51 acres
- Two floors with an atrium, private offices, and cubicle areas
- On‑site parking with lot access from W Pinhook Road and La Rue France
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,494
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,109,880
$3.1M
Cap Rate 7%
$2,221,343
$2.2M
Cap Rate 9%
$1,727,711
$1.7M
Market Conditions
NOI Build-Up for 13,362 SF
Gross rent
$240.5K $18.00/SF
− Vacancy
−$33.2K −$2.48/SF
EGI
$207.3K $15.52/SF
− OpEx
−$51.8K −$3.88/SF
NOI
$155.5K $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%
$3,109,880
Cap Rate 7%
$2,221,343
Cap Rate 9%
$1,727,711
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,494 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.16M
$2.76M – $3.69M
NOI $221,146 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,772
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A 1.51-acre office property includes on-site parking with access from two roads.
Where is this office building located?
The property is located at 1605 W Pinhook Road Lafayette, LA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 13,362‑square‑foot office building on 1.51 acres; Two floors with an atrium, private offices, and cubicle areas; On‑site parking with lot access from W Pinhook Road and La Rue France
