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    2014 Pinhook Rd Lafayette, LA 70508

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    For Lease
    Contact for pricing

    Prestigious Lafayette office space, flexible suites.

    Lot size:
    94,525 SF

    Property Features for 2014 Pinhook Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,525 SF
    Total Rate
    137848.96

    Building Details

    Stories
    9

    Spaces For Lease

    at 2014 Pinhook Rd, Lafayette, LA 70508 Contact us
    Unit Suite 205

    $17 /Mo

    Size
    2,851 SF
    Contact us
    Unit Suite 305

    $17 /Mo

    Size
    1,725 SF
    Contact us
    Unit Suite 310

    $17 /Mo

    Size
    2,337 SF
    Contact us
    Unit Suite 500

    $17 /Mo

    Size
    1,686 SF
    Contact us
    Unit Suite 605

    $17 /Mo

    Size
    3,745 SF
    Contact us
    Unit Suite 700

    $17 /Mo

    Size
    10,962 SF
    Contact us
    Unit Suite 800

    $17 /Mo

    Size
    11,076 SF
    Contact us
    Unit Suite 900

    $18 /Mo

    Size
    11,070 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Clinton Shepard
    Clinton Shepard

    Listing Agency: Lee & Associates Baton Rouge Listing Agent: Clinton Shepard

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

    Learn more

    Property Insight Report

    Overview

    Pinhook Tower, a nine-story, 94,525 square foot executive office building in Lafayette, Louisiana, offers a variety of suite sizes ranging from 1,624 to 32,415 contiguous square feet. Currently, 118,830 square feet is available for lease in this multiple-tenancy building located at 2014 W Pinhook Rd, Lafayette, LA 70508. The building boasts superior visibility and convenient access to Highway 90, Verot School Road, and Kaliste Saloom Road, placing it near restaurants, banking, shopping, and the airport. Ample parking and security cameras provide peace of mind for tenants and their visitors. Pinhook Tower features updated common areas and on-site management, ensuring a professional environment. A unique opportunity exists to lease the top three floors, offering approximately 32,000 square feet of contiguous space with panoramic city views. Community First Bank serves as an anchor tenant. This prime Lafayette location offers businesses a highly sought-after address.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ritter Consulting Engineers Engineering Consultant Coil Tubing Partners Corporate Office Graham Group Advertising Agency ATM Atm RS&H, Inc. Architect

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply 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
    -92.0112123
    Latitude
    30.1857493

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Lafayette office space, flexible suites.
    Where is this office property / space located?
    The property is located at 2014 Pinhook Rd Lafayette, LA.
    What is the lease rate?
    The lease rate is $17-$18 SF/Yr.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; Prime location with easy access to amenities and transportation.; Professional on-site property management.
    (318) 366-6064 Call to check price and availability
    Request Owner's contact information
    2014 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
    2014 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 Clinton Shepard
    Clinton Shepard
    Real Estate License ID: SALE.0995690388-ACT
    (318) 366-6064 (337) 279-0370 (337) 279-0371
    Learn more
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