100 Loire Ave Lafayette, LA 70507
- Office Properties & Spaces
- 34,020 SF
- 1.97 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 100 Loire Ave
- Lot size
- 1.97 lot acres
- Property size
- 34,020 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a portfolio of four office buildings totaling 34,020 square feet situated on two adjacent 1.972-acre parcels in Lafayette, Louisiana. The property, located at 100 Beauvais Ave and 505 Loire Ave, boasts a highly visible corner location along the I-49/Evangeline Thruway service road, experiencing approximately 54,363 daily vehicle traffic. The buildings are two stories each and zoned CH (Commercial Heavy). The asking price is $1,700,000, translating to $49.97 per square foot. Conveniently located, the property offers exceptional access, being approximately 1-2 minutes from I-49/Evangeline Thruway and 4-5 minutes from I-10. Ample parking is available. Currently, approximately 50% of the space is occupied, providing immediate income potential, making it ideal for an owner-occupant seeking to expand or an investor looking for a strong return. The property's APN numbers are 6067555 and 6067557. This is a rare opportunity to acquire a well-positioned, income-producing office portfolio in a thriving Lafayette market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette Parish
- State
- Louisiana
- Longitude
- -92.0249
- Latitude
- 30.293
