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    Property profile & analytics

    309 Settlers Trace Blvd Lafayette, LA 70508

    • Office Properties & Spaces
    • 0.93 lot acres
    For Lease
    View listing
    $30 SF/Yr
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US36-1724180
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jennifer Waguespack-Labiche, M.D. / Dermatologist
    • Dr. Christopher Hubbell / Dermatologist
    • The Picard Group / Corporate Office
    • Paige Kennedy, M.D. / Plastic Surgeon / Otolaryngologist
    • Hubbell Dermatology & Aesthetics / Dermatologist / Plastic Surgeon

    Property Details for 309 Settlers Trace Blvd

    Lot size
    0.93 lot acres
    Property type
    Office Properties & Spaces
    APN
    6153724
    APU
    6153724

    Description

    This exceptional 2,308-square-foot executive office suite is ideally situated in Lafayette's desirable River Ranch neighborhood at 309 Settlers Trace Blvd, zip code 70508. The two-story building offers a completely vacant space (APN 6153724), presenting a unique opportunity for a business to customize the interior to perfectly match its operational needs. Currently a grey shell, the space is ready for immediate build-out. Enjoy high ceilings and stunning views overlooking the vibrant River Ranch community. The location provides unparalleled convenience, with easy access to a variety of restaurants, shops, and complementary businesses. The building's strategic location offers excellent visibility and accessibility via Settlers Trace Boulevard, Camellia Boulevard, and Kaliste Saloom Road. This property presents a rare chance to establish a prominent presence in a thriving and highly sought-after area of Lafayette, Louisiana. The property is classified as an office building with multiple tenancy options and is part of the G1 submarket. The total building square footage is 2,308 square feet, all of which is currently available. This presents a unique opportunity for a single tenant to occupy the entire building.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $430,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $500,000
      Mixed-Use
      $470,000
      Hospitality
      $385,000
      Educational
      $500,000
      Residential Income
      $490,000
      Energy
      $500,000
      Income-Based Land
      $465,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0395
    Latitude
    30.1687
    CBSA code
    29180
    CBSA name
    LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $48,941
    $56,837
    $410,985
    $467,822
    -
    $568,370
    $2,739,900
    $3,308,270

    Comparable in this City

    • Value Estimation by Request
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      OFFICE (GENERAL) • 0.05 Acres
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    • Value Estimation by Request
      1,025 SF

      714 Kaliste Saloom Rd Ste C4

      OFFICE (GENERAL) • 1,025 SF
      714 Kaliste Saloom Rd Ste C4, Lafayette, LA 70508-2530
      View Details
    • Value Estimation by Request
      1,000 SF

      237 La Rue France

      OFFICE (GENERAL) • 1,000 SF
      237 La Rue France, Lafayette, LA 70508-3103
      View Details

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    Similar Nearby for Lease

    • $1.00 SF/Yr
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      Prime Lafayette Office Space

      5,000 SF Executive Office Suite
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      View Details
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    • $30 SF/Yr
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      River Ranch Executive Office Suite

      Prime Lafayette Office Space, 2,308 SF
      309 Settlers Trace Blvd, Lafayette, LA 70508
      View Details
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      Lafayette Office Suites For Lease

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    • $25 SF/Yr
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      Prime Lafayette Executive Office Space

      2,527 SF Class A Office, Newly Renovated
      425 Settlers Trace Blvd, Lafayette, LA 70508
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    309 Settlers Trace Blvd
    Lafayette, LA 70508
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    Realmo Value Estimation

    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.

    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.

    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
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