Financial
Distress signals
Property profile

1803 W University Ave Lafayette, LA 70506

FOR SALE
Commercial real estate
Property ID
US36-1083717
3,000 SF 0.29 ac lot Built 1966
Last sale May 2023 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$20k
Assessed land$4k
Assessed improvement$16k
Effective rate10.50%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$320k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 6.92% cap applied$32k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$99/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$70 – $132
Qualifying comparables5

Cap rate analysis

How does the asset earn?
6.92%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy9.9
Locksmith9.2
Plumbing Service8.8

Location

1803 W University Ave Lafayette, LA 70506
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
115 Leonie, Lafayette, LA 70506-6227 $375,000 Dec 2025 3,588 SF
105 Saint Landry, Lafayette, LA 70506-3531 $270,000 Nov 2024 3,069 SF
201 Westmark, Lafayette, LA 70506-7370 $260,000 Aug 2024 1,974 SF
116 Guilbeau, Lafayette, LA 70506-6139 $200,000 Nov 2023 3,204 SF
3111 Cameron, Lafayette, LA 70506-1522 $350,000 Sep 2023 2,714 SF
601 Rdg, Lafayette, LA 70506-6526 $90,000 Sep 2023 2,626 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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