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    1819 Pinhook Rd Lafayette, LA 70508

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    For Lease
    Contact for pricing

    Prime Lafayette location, renovated office suites available.

    Lot size:
    89,822 SF

    Property Features for 1819 Pinhook Rd

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    89,822 SF
    Class
    A
    Total Rate
    134733

    Building Details

    Year Built/Renovated
    1969/2019
    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 1819 Pinhook Rd, Lafayette, LA 70508 Contact us
    Unit Suite: 114B

    $18 /Mo

    Size
    1,478 SF
    Contact us
    Unit Suite: 115

    $18 /Mo

    Size
    1,616 SF
    Contact us
    Unit Suite 110

    $18 /Mo

    Size
    2,310 SF
    Contact us
    Unit Suite 215

    $18 /Mo

    Size
    4,998 SF
    Contact us

    We can help!

    Listing Contact
    Charles Cornay
    Charles Cornay

    Listing Agency: Stirling Properties Lafayette Listing Agent: Charles Cornay

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A office building, located at 1819 West Pinhook Road in Lafayette, Louisiana, offers 89,822 square feet of meticulously maintained space. Built in 1969 and extensively renovated in 2019, this two-story building boasts a convenient location near the intersection of Kaliste Saloom Road and West Pinhook Road (zip code 70508). The property sits on a 4.091-acre lot and is zoned CH. Multiple tenancy options are available, with suites ranging from a minimum of 1,478 square feet to a maximum contiguous space of 4,998 square feet. Currently, 10,402 square feet is vacant. Building amenities include an elevator, an indoor atrium and garden area, and a shared conference room. Ample parking is available on all sides of the building. Security features include a security system and key card access after business hours. On-site management and leasing are provided. The property's APN is 6066292, and it's situated in the G1 submarket of Lafayette Parish.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dena Moore, Ph.D., ... Psychotherapist Standard Mortgage Corporation Loan Service AfterClean Biohazard Scene ... Commercial Cleaning Service Schoenfeld Law Firm Law Firm Lafayette Hearing Clinic Physician

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0151523
    Latitude
    30.191594

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    FAQs

    What type of property is this?
    Office building - Prime Lafayette location, renovated office suites available.
    Where is this office building located?
    The property is located at 1819 Pinhook Rd Lafayette, LA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Class A office building totaling 89,822 square feet at 1819 West Pinhook Road, Lafayette, LA 70508.; Recently renovated (2019) two-story building on a 4.091-acre lot (APN 6066292), zoned CH.; Multiple suite sizes available, ranging from 1,478 to 4,998 contiguous square feet; 10,402 square feet currently vacant.
    (337) 234-4481 Call to check price and availability
    Request Owner's contact information
    1819 Pinhook Rd Lafayette, LA 70508
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    Lafayette, LA 70508
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1819 Pinhook Rd Lafayette, LA 70508
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Charles Cornay
    Charles Cornay
    Real Estate License ID: 47933
    (337) 234-4481 (337) 849-3427
    Learn more
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