Three-Suite Mixed-Use
For Sale
$629,000
Pending
2807 Kaliste Saloom Road, Lafayette, LA 70508
Commercial Sale, Lafayette, LA
Property Size4,200 SF
Lot Size0.34 Acres
Days on Market231
Property Features for 2807 Kaliste Saloom Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Parking Lot
Directions
Kaliste Saloom Cross over Ambassador Caffery, Building on Left hand side of Road
Subdivision
N
Standard status
Pending
APN
6024175
Size
4,200 SF
Lot size
0.34 Acres
Additional Details
Tenant in Place
Yes
Property Use
Mixed Use
Taxes and HOA fees
Tax Description
Sec 70 T10 S R4E (.343 Ac) (130x105.22)
Tax Annual Amount
6027
Legal Description
Sec 70 T10 S R4E (.343 Ac) (130x105.22)
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Vinyl
Roof type
Metal
Buildings
1
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Selena Lormand · License #26302
(337) 962-6305
Added: Mar 6
Changed: Oct 23
Last Checked: Oct 23 at 1:06PM
MLS# 2600001761
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.
At 2807 Kaliste Saloom Road in Lafayette, this 4,200-square-foot mixed-use building is arranged as three separate suites. The upper level contains one large open area and a full bathroom. Vinyl flooring, central air conditioning, and central electric heating serve the property; the roof is metal.
The 0.34-acre parcel has a parking lot with 17 spaces, including one accessible space. Public water and public sewer serve the site. The property is zoned CM1.
The 0.34-acre parcel has a parking lot with 17 spaces, including one accessible space. Public water and public sewer serve the site. The property is zoned CM1.
Key Highlights
- Three separate suites in a 4,200‑square‑foot building
- 0.34‑acre parcel zoned CM1
- 17 parking spaces, including one accessible space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,875
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,500
$977.5K
Cap Rate 7%
$698,214
$698.2K
Cap Rate 9%
$543,056
$543.1K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$75.6K $18.00/SF
− Vacancy
−$10.4K −$2.48/SF
EGI
$65.2K $15.52/SF
− OpEx
−$16.3K −$3.88/SF
NOI
$48.9K $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%
$977,500
Cap Rate 7%
$698,214
Cap Rate 9%
$543,056
Alternative Uses
Best Use
Office B
$698.2K
$610.9K – $814.6K
NOI $48,875 @ 7.0% cap · market cap 7.77%
Second Best
Mixed Use
$693.0K
$606.4K – $808.5K
NOI $48,510 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$993.0K
$868.9K – $1.16M
NOI $69,512 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
863
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - CM1 zoning and on-site parking accommodate a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 2807 Kaliste Saloom Road Lafayette, LA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Three separate suites in a 4,200‑square‑foot building; 0.34‑acre parcel zoned CM1; 17 parking spaces, including one accessible space
