Medical Office with Emergency
For Sale
$2,600,000
307 Alcide Dominique Dr, Lafayette, LA 70506
Two distinct entry points and reception areas support separate operations within the same facility.
Property Size7,012 SF
Price / SF$370.79
Days on Market9
Property Features for 307 Alcide Dominique Dr
General Information
Standard status
Active
Size
7,012 SF
Additional Details
Highway Access
Yes
Amenities
generator
two individual entrances
waiting rooms
exam rooms
offices
restrooms
X-ray room
Listing Agency:
Keller Williams Realty Acadiana
Listed By:
Selena C Lormand · License #26302
(337) 962-6305
Source:
Athomerealtyla
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 5 at 9:30PM
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 Keller Williams Realty Acadiana
Investment Insights
Based on property information with market context.
This 7,012-square-foot medical facility includes multiple exam rooms and offices, two reception desks, two waiting rooms, restrooms, and an X-ray room. A generator supplies power to the entire building during outages. The layout has two separate entrances and can accommodate two distinct operations under one roof.
The property is at 307 Alcide Dominique Dr in Lafayette, with visibility from I-10. Rear green space offers room for potential expansion.
The property is at 307 Alcide Dominique Dr in Lafayette, with visibility from I-10. Rear green space offers room for potential expansion.
Key Highlights
- 7,012‑square‑foot medical facility
- Two separate entrances, front desks, and waiting rooms
- Multiple exam rooms, offices, and restrooms, plus one X‑ray room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,599
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,631,980
$1.6M
Cap Rate 7%
$1,165,700
$1.2M
Cap Rate 9%
$906,656
$906.7K
Market Conditions
NOI Build-Up for 7,012 SF
Gross rent
$126.2K $18.00/SF
− Vacancy
−$17.4K −$2.48/SF
EGI
$108.8K $15.52/SF
− OpEx
−$27.2K −$3.88/SF
NOI
$81.6K $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%
$1,631,980
Cap Rate 7%
$1,165,700
Cap Rate 9%
$906,656
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,599 @ 7.0% cap · market cap 3.14%
Second Best
Healthcare Medical
$1.14M
$994.0K – $1.33M
NOI $79,516 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $116,051 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two distinct entry points and reception areas support separate operations within the same facility.
Where is this medical office space located?
The property is located at 307 Alcide Dominique Dr Lafayette, LA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 7,012‑square‑foot medical facility; Two separate entrances, front desks, and waiting rooms; Multiple exam rooms, offices, and restrooms, plus one X‑ray room
