Office Building with Conference
For Sale
$220,000
401 N Church Street, Carencro, LA 70520
Commercial Sale, Carencro, LA
Property Size1,523 SF
Lot Size0.19 Acres
Price / SF$144.45
Days on Market93
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 2, Bathroom 1
Parking features
Covered
Subdivision
Cormier Addition
Lot features
Corner Lot
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
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
LOT 9 BLK CORMIER ADD
Tax Annual Amount
990
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
Building materials
Frame
Roof type
Composition
Buildings
1
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Cassie Goldsboro · License #0995680237
(337) 446-1783
Added: Jul 31
Changed: Oct 29
Last Checked: Oct 31 at 4:06PM
MLS# 2600007081
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 401 N Church Street, this 1,523-square-foot office building has three offices, a conference room, and a reception area. The executive office includes a half bath; a separate common-area bathroom has a shower. Wood flooring, central heating and air conditioning, frame construction, and a composition roof are among the building features.
The property occupies a 0.19-acre site in Carencro and is zoned Res/Comm. Covered parking is present. The City of Carencro requires a handicap parking space, privacy fence, and wheelchair ramp.
The property occupies a 0.19-acre site in Carencro and is zoned Res/Comm. Covered parking is present. The City of Carencro requires a handicap parking space, privacy fence, and wheelchair ramp.
Key Highlights
- 1,523‑square‑foot office building on a 0.19‑acre site
- Three offices, conference room, and reception area
- Executive office has a half bath; common‑area bathroom includes a shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,723
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,460
$354.5K
Cap Rate 7%
$253,186
$253.2K
Cap Rate 9%
$196,922
$196.9K
Market Conditions
NOI Build-Up for 1,523 SF
Gross rent
$27.4K $18.00/SF
− Vacancy
−$3.8K −$2.48/SF
EGI
$23.6K $15.52/SF
− OpEx
−$5.9K −$3.88/SF
NOI
$17.7K $11.64/SF
Area
Lafayette County, 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%
$354,460
Cap Rate 7%
$253,186
Cap Rate 9%
$196,922
Alternative Uses
Best Use
Office B
$253.2K
$221.5K – $295.4K
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
NOI $25,206 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three offices are complemented by reception and meeting areas, with bathrooms serving both the executive office and common space.
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‑square‑foot office building on a 0.19‑acre site; Three offices, conference room, and reception area; Executive office has a half bath; common‑area bathroom includes a shower
