104 Kaliste Salooom Rd Lafayette, LA 70508
This single-story, 14,067 square foot building situated on a 1.61-acre lot at 104 E Kaliste Saloom Road in Lafayette, Louisiana, presents a unique investment opportunity. The property is zoned CH and features a mix of executive and medical office spaces within a larger retail/strip center setting. Currently, 1,675 square feet of space is available for lease, offering flexibility for a variety of uses including retail, entertainment, or medical practices. The building boasts a prime location in a high-traffic area, near the intersection of Pinhook and Kaliste Saloom Roads, experiencing nearly 60,000 vehicles daily. This strategic location benefits from a strong existing retail and restaurant presence, catering to the substantial workforce in Lafayette's business district. The property's diverse tenant mix provides a shared co-tenancy advantage, creating a vibrant and attractive environment for potential occupants. The Lafayette Parish location, with a 70508 zip code, offers excellent accessibility and visibility. This property is an exceptional opportunity for businesses seeking a prominent location within a thriving commercial corridor. The property's APN is 6010138 and falls within the LACDB - G1 submarket.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.