Property profile

1800 Kaliste Saloom Rd Lafayette, LA 70508

OFF-MARKET
Neighborhood centers
34,698 SF 3.01 ac lot
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Property summary

AI-generated overview

This exceptional 34,698 square foot retail property, situated on a 3.01-acre lot in Lafayette Parish's desirable River Ranch submarket (LACDB - G1), presents a unique investment opportunity. Currently featuring a single tenant occupancy with 4,000 square feet of vacant space, this building offers significant potential for expansion or lease to multiple tenants. The property boasts a convenient location on Kaliste Saloom Road, benefiting from high traffic counts and excellent visibility. Anchored by established businesses like Caroline and Co. and Fresh Market, this location ensures strong foot traffic and brand recognition. The building itself is a single-story structure with CM-1 zoning, providing flexibility for a variety of retail, medical, or service-oriented businesses. The vacant space features attractive white-boxed cypress walls, ready for immediate customization. Monument and building signage opportunities are available, further enhancing visibility and brand presence. The property's APN is 6139373. This is an ideal location for businesses seeking high visibility and a thriving commercial environment. Don't miss this chance to secure a prime retail space in one of Lafayette's most sought-after areas.

Property profile

Verified
Property type Neighborhood centers
Total area 34,698 SF
Lot 3.01 ac (131,116 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store

Location

1800 Kaliste Saloom Rd Lafayette, LA 70508
Lafayette metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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