Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    301 Starling Ln Lafayette, LA 70508
    Back to Search
    Property profile & analytics

    301 Starling Ln, Lafayette, LA 70508

    View on Map
    • Retail properties & Spaces
    • 18,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 301 Starling Ln

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional Class A retail property in Lafayette, Louisiana, offers multiple suites for lease within a vibrant mixed-use development. Located at 301 Starling Ln, 70508, this single-story building boasts 18,200 square feet of leasable space, divisible into units as small as 1,500 square feet, or available as a single, contiguous 18,200 square foot space. The property sits on an 8.57-acre lot and features 342 parking spaces, ensuring ample convenience for tenants and their customers. Benefit from a highly visible location with signalized access on Kaliste Saloom Road and Camellia Boulevard, plus a third access point on Starling Lane. The development is anchored by The Chimes restaurant and enjoys a beautiful setting amongst mature live oaks, directly across from River Ranch and Parc Lafayette, two popular destinations. The property is zoned Commercial Mixed (CM), offering flexibility for a variety of retail and restaurant uses. Lease rates range from $38 to $45 per square foot, triple net. Suite sizes can be customized to meet specific tenant needs. This is an unparalleled opportunity to establish a presence in one of Lafayette's most desirable locations. The APN is 6062797.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0358
    Latitude
    30.1666

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      301 Starling Ln

      Individual retail properties
      301 Starling Ln, Lafayette, LA 70508
      View Details
    • Value Estimation by Request
      12,000 SF

      Spg Farm Rd

      Restaurants
      0 Spg Farm Rd, Lafayette, LA 70508
      View Details
    • Value Estimation by Request
      1,500 SF

      2800 Blk Verot School Rd

      Lifestyle centers
      2800 Blk Verot School Rd, Lafayette, LA 70508
      View Details
    • Value Estimation by Request
      27,858 SF

      4301 Ambassador Caffery Pkwy

      Neighborhood centers
      4301 Ambassador Caffery Pkwy, Lafayette, LA 70508
      View Details
    • Value Estimation by Request
      6,550 SF

      201 Spg Farm Rd

      Restaurants
      201 Spg Farm Rd, Lafayette, LA 70508
      View Details
    • Value Estimation by Request
      6,800 SF

      2811 Kaliste Saloom Rd

      Restaurants
      2811 Kaliste Saloom Rd, Lafayette, LA 70508
      View Details

    Similar Nearby for Sale

    • $465,000
      1,766 SF

      Retail/Office Space in Parc Lafayette

      Retail or office space in upscale Parc Lafayette.
      1921 Kaliste Saloom Rd, Lafayette, LA 70508
      View Details
    • New
      $649,000
      4,200 SF

      Mixed-Use Building in Lafayette

      Mixed-use building with income potential in a high-visibility location.
      2807 Kaliste Saloom Rd, Lafayette, LA 70508
      View Details
    • $450,000
      7,500 SF

      Lafayette Commercial Property For Sale

      Investment opportunity with income potential in Lafayette, Louisiana.
      3103 W Pinhook Rd, Lafayette, LA 70508
      View Details
    • $361,875

      Commercial Land in Office Park

      Two-acre commercial land available in an established office park.
      103 Business Park Dr, Lafayette, LA 70508
      View Details
    • $299,000
      2.00 Acres

      Lafayette Land for Mixed-Use

      Two-acre lot suitable for commercial or residential development.
      Terville Ave, Lafayette, LA 70508
      View Details
    • $1,250,000
      5.00 Acres

      Prime Commercial Land in Lafayette

      5-acre commercial land parcel in Lafayette, Louisiana, for sale.
      2301 W Pinhook Rd, Lafayette, LA 70508
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lafayette Mixed-Use Development Opportunity

      Retail, restaurant, and office spaces for lease or purchase.
      301 Starling Ln, Lafayette, LA 70508
      View Details
    • Contact for pricing

      Retail/Restaurant/Office Suites for Lease

      Suites available behind Whole Foods and Target shopping centers.
      Settlers Trace Blvd, Lafayette, LA 70508
      View Details
    • Contact for pricing
      2,670 SF

      Restaurant Space Available For Lease

      Restaurant space available for lease in early Q2 '26.
      4505 Ambassador Caffery Pkwy, Lafayette, LA 70508
      View Details
    • Contact for pricing
      1,580 SF

      Professional Center in Lafayette, LA

      New mixed-use professional center with high-quality craftsmanship and finishes.
      2005 Verot School Rd, Lafayette, LA 70508
      View Details
    • Contact for pricing
      1,134 SF

      Tetracube Lofts Commercial Suite

      Open-concept commercial suite with modern, urban design in Lafayette.
      209 Highland Oaks Ln, Lafayette, LA 70508
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 Starling Ln
    Lafayette, LA 70508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    301 Starling Ln, Lafayette, LA, 70508
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!