Property summary
This 1,100 square foot ground-level office condo is located in the New Center Commons at 1101 Hugh Wallis Rd S, Lafayette, LA 70508. Situated near Lafayette Regional Airport and US 90, this property offers excellent accessibility. The suite is zoned IL (Industrial Light) and has an APN of 6124464. Currently occupied by a long-term tenant (20+ years), this presents a compelling investment opportunity for both owner-occupants and investors seeking entry into the office condo market. The property's convenient location and established tenancy make it an attractive option for those seeking a stable and accessible investment. Further financial details are available upon request. This is a traditional office space ideal for a variety of uses, given its location and zoning. The property is ready for immediate occupancy or continued lease income. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Geological Service
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Renovation Specialist (Bike/Boat/Book/etc) Store
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Bank Loan Service
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Government
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Accounting Firm
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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