Six-Office Commercial
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 Market10
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
Parking Lot
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
Additional Details
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Tax Description
P LOT C SEC 5 T10S R4E (0.831 AC)
Tax Annual Amount
280
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, Vinyl
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 23
Last Checked: Oct 23 at 1:06PM
MLS# 2600009663
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.
This 1,598-square-foot office property sits on 0.83 acres and is arranged with six private offices, two restrooms, a reception area, kitchen space, and additional storage. Tile and vinyl flooring, central air, and electric heat serve the building. Site features include a parking lot, landscaping, public water, and a septic system.
Recent work includes replacement of the septic system and water heater, along with one HVAC unit in 2025; the other HVAC unit is approximately five years old. The parking area and landscaping have also been improved. Zoned CH, the property is described as having existing rental income and a tenant-occupied investment option. Shopping, medical facilities, and established neighborhoods are nearby.
Recent work includes replacement of the septic system and water heater, along with one HVAC unit in 2025; the other HVAC unit is approximately five years old. The parking area and landscaping have also been improved. Zoned CH, the property is described as having existing rental income and a tenant-occupied investment option. Shopping, medical facilities, and established neighborhoods are nearby.
Key Highlights
- 1,598‑square‑foot office building on 0.83 acres
- Six private offices, two restrooms, reception area, kitchen space, and storage
- CH zoning
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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Property Analytics
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - CH-zoned office property includes a reception area, kitchen, storage, and on-site parking.
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 building on 0.83 acres; Six private offices, two restrooms, reception area, kitchen space, and storage; CH zoning
