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    201 Energy Pkwy Lafayette, LA 70508

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    For Lease
    Contact for pricing

    Lafayette, LA Office Space Available

    Lot size:
    104,411 SF

    Property Features for 201 Energy Pkwy

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,411 SF
    Total Rate
    143565.13

    Building Details

    Stories
    5

    Spaces For Lease

    at 201 Energy Pkwy, Lafayette, LA 70508 Contact us
    Unit Suite 250

    $16 /Mo

    Size
    2,885 SF
    Contact us
    Unit Suite 270

    $16 /Mo

    Size
    3,011 SF
    Contact us
    Unit Suite 106

    $16 /Mo

    Size
    2,523 SF
    Contact us
    Unit Suite 125

    $16 /Mo

    Size
    2,547 SF
    Contact us
    Unit Suite 101

    $16 /Mo

    Size
    767 SF
    Contact us
    Unit Suite 255

    $16 /Mo

    Size
    651 SF
    Contact us
    Unit Suite 310E

    $16 /Mo

    Size
    5,996 SF
    Contact us
    Unit Suite 400

    $16 /Mo

    Size
    3,981 SF
    Contact us
    Unit Suite 302

    $16 /Mo

    Size
    2,371 SF
    Contact us
    Unit Suite 300

    $16 /Mo

    Size
    6,298 SF
    Contact us
    Unit Suite 406

    $16 /Mo

    Size
    5,849 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Clinton J Shepard
    Clinton J Shepard

    Listing Agency: Lee & Associates | Lafayette Listing Agent: Clinton J Shepard

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

    Learn more

    Property Insight Report

    Overview

    Parkway Plaza, a premier five-story office building in Lafayette, Louisiana, offers 104,411 square feet of executive office space. Located at 201 Energy Pkwy, 70508, this highly visible building boasts convenient access to major roadways including Highway 90, Verot School Road, and Kaliste Saloom Road. Currently, 62,072 square feet of space is available, with flexible floor plans accommodating tenants needing anywhere from 675 to 14,737 contiguous square feet. The building features multiple tenancies and offers a range of amenities designed for tenant convenience and satisfaction. These include ample parking with a covered drop-off area, ensuring easy access for clients and employees. Security is enhanced with building card access, and additional storage rooms are available for lease. For added convenience, a UPS/FedEx drop-off point is located within the building. Its prime location near restaurants, banking facilities, shopping centers, and the Lafayette airport makes Parkway Plaza an attractive option for businesses seeking a prestigious and accessible office space in Lafayette Parish. The building's strategic location and comprehensive amenities make it an ideal choice for companies of all sizes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Columbia Gulf Transmission ... Gas Company Canon Solutions America Big Box & Wholesale Store Higginbotham - Lafayette Insurance Agency Environmental Drilling Solutions Construction Company Jacobs Entertainment, Inc. Gym & Fitness Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center 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
    -92.0093016
    Latitude
    30.1809443

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    FAQs

    What type of property is this?
    Office property - Lafayette, LA Office Space Available
    Where is this office property located?
    The property is located at 201 Energy Pkwy Lafayette, LA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Prime location with easy access.; Flexible suite sizes to accommodate various business needs.; Extensive on-site parking available.
    (318) 366-6064 Call to check price and availability
    Request Owner's contact information
    201 Energy Pkwy 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
    201 Energy Pkwy Lafayette, LA 70508
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Clinton J Shepard
    Clinton J Shepard
    Real Estate License ID: SALE.0995690388-ACT
    (318) 366-6064 (337) 279-0370 (337) 279-0371
    Learn more
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