Office Property with
For Sale
Contact for pricing
610 Guilbeau Road, Lafayette, LA 70506
Central air and MN-1 zoning are among the property’s documented features.
Property Size1,400 SF
Days on Market100
Property Features for 610 Guilbeau Road
General Information
Standard status
Active
Size
1,400 SF
Zoning
MN-1
Additional Details
Tenant in Place
Yes
Amenities
Central Air
Central
On Site, Parking Lot
Building Details
Building Size
1,400 SF
Listing Agency:
Coldwell Banker Trahan Real Estate Group
Listed By:
Susan Chauffe · License #0995693058
(337) 739-7435
Source:
Evrealestate
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 28 at 8:44AM
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 Coldwell Banker Trahan Real Estate Group
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Investment Insights
Based on property information with market context.
Located at 610 Guilbeau Road in Lafayette, this office property has central air and an on-site parking lot. The property is zoned MN-1.
Guillory Chiropractic is among the tenants.
Guillory Chiropractic is among the tenants.
Key Highlights
- MN‑1 zoning
- On‑site parking lot
- Central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,876
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,520
$317.5K
Cap Rate 7%
$226,800
$226.8K
Cap Rate 9%
$176,400
$176.4K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$29.4K $21.00/SF
− Vacancy
−$2.9K −$2.10/SF
EGI
$26.5K $18.90/SF
− OpEx
−$10.6K −$7.56/SF
NOI
$15.9K $11.34/SF
Area
Lafayette, LA
Vacancy
10.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,520
Cap Rate 7%
$226,800
Cap Rate 9%
$176,400
Alternative Uses
Best Use
Office B
$232.7K
$203.7K – $271.5K
NOI $16,292 @ 7.0% cap · market cap 930.97%
Second Best
Healthcare Medical
$226.8K
$198.5K – $264.6K
NOI $15,876 @ 7.0% cap · market cap 907.20%
Theoretical Best
Office A
$331.0K
$289.6K – $386.2K
NOI $23,171 @ 7.0% cap · market cap 1,324.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Under-served
Demand for This Use
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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
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Frequently Asked Questions
What type of property is this?
Office space - Central air and MN-1 zoning are among the property’s documented features.
Where is this office space located?
The property is located at 610 Guilbeau Road Lafayette, LA.
What are key features of this property?
This property features: MN‑1 zoning; On‑site parking lot; Central air
