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Conference Room Office Building
New
For Sale
$220,000

401 N Church Street, Carencro, LA 70520

COMMERCIAL - Carencro, LA

Property Size1,523 SF
Lot Size0.19 Acres
Price / SF$144.45
Days on Market2

Property Features for 401 N Church Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Res/Comm
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2
Parking features Covered
Exterior features Outside Storage, Storage Building
Subdivision Cormier Addition
Lot features Corner
Directions Take exit 7 head west. Left on Church Street property on right.
Standard status Active
APN 6013088
Size 1,523 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOT 9 BLK CORMIER ADD
Legal Description LOT 9 BLK CORMIER ADD

Utilities

Heating system Central
Cooling system Central Air

Amenities

conference room
reception area

Building Details

Floors in Building 1
Flooring type Wood
Roof type Composition
Additional Structures Storage
Listing Agency: The Gleason Group
Listed By: Cassie L Goldsboro · License #0995680237
Added: Jul 31 Changed: Aug 1 Last Checked: Aug 1 at 8:06AM
MLS# 2600007081

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office building on a 0.19-acre lot with 1,523 SF of indoor space, featuring three large offices, an executive office with a half bath, and a common area with a full bathroom and shower. The layout also includes a conference room and a reception area, with wood flooring throughout. Central heating and central air provide year-round comfort, and the roof is composition.

Exterior features include outside storage and a storage building. Parking is covered, and the City of Carencro will require one handicap parking space, a privacy fence, and a wheelchair ramp.

The building is positioned in a Res/Comm-zoned setting and is offered at 401 N Church Street, Carencro, LA 70520 in Lafayette Parish.

Key Highlights

  • 1,523 SF office building on 0.19‑acre lot
  • Three large offices plus executive half bath and common area full bath with shower
  • Conference room and reception area

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.4k $18.00
− Vacancy −$3.8k −$2.48
EGI $23.6k $15.52
− OpEx −$5.9k −$3.88
NOI $17.7k $11.64
1,523 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$253.2K
$221.5K – $295.4K (±1% cap)
NOI $17,723 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.1K
$315.1K – $420.1K (±1% cap)
NOI $25,206 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 70520, LA

20,017
Population
9,011
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
38.8 sq mi
ZIP Area
516
Density / Sq Mi
$65,956
Median Household Income
$43,019
Median Earnings
$953
Median Rent
$199,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office building with three large offices, central HVAC, covered parking, and outside storage plus a separate storage building.
Where is this office building located?
The property is located at 401 N Church Street Carencro, LA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1,523 SF office building on 0.19‑acre lot; Three large offices plus executive half bath and common area full bath with shower; Conference room and reception area
More about this property
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