Six-Office Commercial
New
For Sale
$349,000
605 Rue Du Belier, Lafayette, LA 70506
Commercial Sale, Lafayette, LA
Property Size1,598 SF
Lot Size0.83 Acres
Price / SF$218.40
Days on Market3
Property Features for 605 Rue Du Belier
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CH
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
6
Parking features
Off Street, Parking Lot
Exterior features
Door Sign, Partially Fenced
Fencing
Partial
Directions
Congress Street west to Rue du Belier, turn right, property is on right after fenced after adjacent to Exxon station.
Subdivision
G3
Standard status
Active
APN
6040004
Size
1,598 SF
Lot size
0.83 Acres
Taxes and HOA fees
Tax Description
P LOT C SEC 5 T10S R4E (0.831 AC)
Legal Description
P LOT C SEC 5 T10S R4E (0.831 AC)
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Tile
Roof type
Composition
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Alison Periou · License #995709532
(337) 349-8596
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 4:06AM
MLS# 2600009663
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.
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Investment Insights
Based on property information with market context.
This 1,598-square-foot office property sits on 0.83 acres and contains six private offices, a reception area, kitchen space, storage, and two restrooms. Interior and site features include tile flooring, central air, electric heat, a parking lot, partial fencing, and a door sign. Public water serves the property, while wastewater is handled by a septic tank.
The building is zoned CH and has existing rental income. Improvements include a new water heater, a new septic system, and replacement of one HVAC unit in 2025; the second HVAC unit is approximately five years old. Parking lot work and landscaping have also been completed.
The building is zoned CH and has existing rental income. Improvements include a new water heater, a new septic system, and replacement of one HVAC unit in 2025; the second HVAC unit is approximately five years old. Parking lot work and landscaping have also been completed.
Key Highlights
- 1,598‑square‑foot office property on 0.83 acres
- Six private offices, two restrooms, reception area, kitchen space, and storage
- CH zoning and existing rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,596
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,920
$371.9K
Cap Rate 7%
$265,657
$265.7K
Cap Rate 9%
$206,622
$206.6K
Market Conditions
NOI Build-Up for 1,598 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$4.0K −$2.48/SF
EGI
$24.8K $15.52/SF
− OpEx
−$6.2K −$3.88/SF
NOI
$18.6K $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%
$371,920
Cap Rate 7%
$265,657
Cap Rate 9%
$206,622
Alternative Uses
Best Use
Office B
$265.7K
$232.5K – $309.9K
NOI $18,596 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$377.8K
$330.6K – $440.8K
NOI $26,448 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - CH zoning and existing rental income support continued office use or an income-producing ownership strategy.
Where is this office building located?
The property is located at 605 Rue Du Belier Lafayette, LA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,598‑square‑foot office property on 0.83 acres; Six private offices, two restrooms, reception area, kitchen space, and storage; CH zoning and existing rental income
