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Property profile & analytics
OFF-MARKET
Office Spaces

230 Heymann Blvd/200 Travis St Lafayette, LA 70503

16,906 SF
Property ID
Property summary
AI-generated overview

This exceptional 16,906 square foot office building presents a unique owner/user investment opportunity in Lafayette, Louisiana's vibrant Oil Center. Located at the corner of Heymann Boulevard and Travis Street, this highly visible, two-story Class B building boasts mid-century modern architecture with multiple entrances, providing privacy for various businesses operating under one roof. The property includes 30 parking spaces and sits on a parcel with APN 6084987, zoned CM-1 (Commercial Mixed 1), placing it within the desirable Oil Center district. Conveniently situated near Ochsner Lafayette General, the University of Louisiana at Lafayette, downtown Lafayette, and Highway 90, the building benefits from excellent access to major thoroughfares and a wealth of surrounding amenities, including numerous restaurants, retail establishments, and medical/professional offices. Currently owner-occupied, portions of the building are leased, offering flexibility for a new owner to occupy as much space as needed while potentially retaining existing leases for investment income. A lease-back option from the current owner for approximately 12 months is possible, facilitating a smooth transition. The asking price is $2,050,000, translating to $121.26 per square foot. The property is located in Flood Zone X. This is a rare opportunity to acquire a well-positioned, established office building in a thriving Lafayette location, available for the first time in 30 years.

Property profile
Verified
Property type Office Spaces
Total area 16,906 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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