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Prime Oil Center Office Building
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230 Heymann Blvd/200 Travis St, Lafayette, LA 70503

Highly visible 16,906 SF office building in the Oil Center.

Property Size16,906 SF
Price / SF$106.47
Days on Market904

Property Features for 230 Heymann Blvd/200 Travis St

General Information

Standard status Active
Size 16,906 SF
Class B
Total Parking Spaces 30
Property subtype Office
Zoning Cm-1 (Commercial Mixed 1)
Investment Type Owner/User

Building Details

Buildings 1
Stories 2
Listing Agency: SCOUT Real Estate Company
Listed By: Diana Stephens · License #LA
Source: Crexi
Added: Mar 15, 2024 Changed: Sep 4 Last Checked: Sep 1 at 10:10AM

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 SCOUT Real Estate Company

Investment Insights

Based on property information with market context.

This 16,906 square foot office building is located in the heart of the Oil Center, at the corner of Heymann Blvd and Travis Street. The property features mid-century modern architecture and multiple entrances, allowing various businesses to operate with privacy under one roof. The building is situated in Flood Zone X. It is conveniently located near Ochsner Lafayette General, the University of Louisiana at Lafayette, Downtown, and Hwy 90, and is surrounded by restaurants, retail establishments, and medical and professional offices. The building is currently owner-occupied with leases in place on the unused portion. The new owner has the flexibility to occupy as much space as needed and/or retain current leases for investment. There is a possibility for the current owner to stay in and lease back for approximately 12 months until relocation. This is a purchase opportunity for the first time in 30 years.

Key Highlights

  • Highly visible 16,906 SF office building in the heart of the Oil Center.
  • Multiple entrances allow various businesses to operate with complete privacy.
  • Leases in place on unused portion, providing income potential and flexibility.

Property Analytics

Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 70503, LA

27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Highly visible 16,906 SF office building in the Oil Center.
Where is this office building located?
The property is located at 230 Heymann Blvd/200 Travis St Lafayette, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Highly visible 16,906 SF office building in the heart of the Oil Center.; Multiple entrances allow various businesses to operate with complete privacy.; Leases in place on unused portion, providing income potential and flexibility.
(225) 235-5755 Call to check price and availability
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