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    227 Bendel Rd Lafayette, LA 70503

    Sponsored
    For Sale
    $1,500,000

    Prime Oil Center location, two suites, 16,955 SF.

    Property size:
    16,955 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,955 square foot office building is strategically located in Lafayette's Oil Center, a highly desirable area for businesses. The property, situated at 227 Bendel Road, Lafayette, LA 70503, is meticulously maintained and presents a fantastic opportunity for both investors and owner-occupiers. The building features two distinct suites, providing the flexibility to generate rental income from separate tenants or to accommodate a single large occupant. This dual-suite configuration offers significant versatility, allowing for customized space allocation to meet diverse business needs. The property's prime location within the Oil Center ensures high visibility and easy access to major thoroughfares, making it an attractive proposition for a wide range of professional services, including medical practices. The asking price for this well-maintained office building is $1,500,000. This represents a compelling investment opportunity in a thriving Louisiana market. The property's size and layout make it suitable for a variety of uses, offering a strong return on investment potential. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

    Property Features for 227 Bendel Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    16,955 SF

    HighLights

    • $1,500,000 asking price.
    • 16,955 square foot office building.
    • Located in Lafayette, LA's Oil Center.
    • Suitable for medical or professional office uses.
    • Features two suites, offering owner‑occupancy or rental income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Laurie Lee General Practitioner Pulmonary Sleep Clinic ... Sleep Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.0172364
    Latitude
    30.2007274

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Oil Center location, two suites, 16,955 SF.
    Where is this office property / space located?
    The property is located at 227 Bendel Rd Lafayette, LA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 16,955 square foot office building.; Located in Lafayette, LA's Oil Center.
    Request Owner's contact information
    227 Bendel Rd Lafayette, LA 70503
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    Lafayette, LA 70503
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    Realmo Value Estimation

    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.

    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.

    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
    227 Bendel Rd Lafayette, LA 70503
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