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    1600 Camellia Blvd Lafayette, LA 70508

    Sponsored
    For Sale
    Contact for pricing

    New construction medical/office suites. Prime Lafayette location.

    Property size:
    1,810 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional new construction office space, located at 1600 Camellia Blvd in Lafayette, Louisiana, offers a unique opportunity to lease or purchase in the desirable Camellia Ponds Office Park. Situated on a 4.99-acre lot with high visibility street frontage on Camellia Blvd, this Class A property boasts convenient access to major thoroughfares, including Kaliste Saloom Rd and Verot School Rd. The development is ideally positioned near numerous amenities, including Rouse's, Chimes Restaurant, River Ranch, Our Lady of Lourdes Hospital, Top Golf, Dave & Buster's, and Costco. Individual suites range from 1,810 to 4,180 square feet, providing flexible floor plans adaptable to various business needs. The building features ample parking with 243 spaces and allows for convenient drive-up access. The property is zoned CMCM-1 (COMMERCIAL MIXED 1), making it suitable for medical and professional office uses. Potential buyers or lessees have the opportunity to customize finishes (subject to owner approval). The estimated delivery time is approximately six months from lease or purchase execution. Lease rates are $40-50 per square foot, NNN, and purchase prices range from $525-550 per square foot. This is a remarkable opportunity to establish a presence in a thriving Lafayette commercial district.

    Property Features for 1600 Camellia Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    1,810 SF
    Class
    A
    Lot Size
    217,364 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Advanced Endodontics-Lafayette Endodontist Dr. Brent M. ... Endodontist Kent Design Build, ... Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.031442669266
    Latitude
    30.163076650515

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    FAQs

    What type of property is this?
    Medical office - New construction medical/office suites. Prime Lafayette location.
    Where is this medical office located?
    The property is located at 1600 Camellia Blvd Lafayette, LA.
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    1600 Camellia Blvd Lafayette, LA 70508
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    Lafayette, LA 70508
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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
    1600 Camellia Blvd Lafayette, LA 70508
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