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Property profile & analytics
FOR SALE
Commercial land
1103 Kaliste Saloom Rd Lafayette, LA 70508
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US36-0824905
For Sale
1 / 23
$750,000
1103 Kaliste Saloom Rd, Lafayette, LA 70508
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
6.39 ac (278,348 SF)
APN
6135456
UPID
US36-0824905
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
Current use
Occupant on record · Public records
-
Lafayette Bone & Joint Clinic Hospital
-
Quinn Physical Therapy Physician
-
David S Muldowny, MD Physician
-
Daniel L Hodges, MD Physician Medical Clinic
-
Sledge III John B MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
J&l Corner Offices Two LLC · 1 yrs held
J&l Corner Offices Two LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,389
Tax year 2023
Assessed value
$194,843
Assessed 2023
Previous assessed
$194,843
+0.0% YoY
Effective rate
10.46%
On assessed value
Assessed land
$194,843
Land market value
$1,948,430
Total market value
$1,948,430
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
6.39 ac (278,348 SF)
APN
6135456
UPID
US36-0824905
Jurisdiction
LAFAYETTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
6.39 ac
Current owner
From public records · entity-resolved
J&l Corner Offices Two LLC
Entity
Mailing address
1103 KALISTE SALOOM RD STE #304, LAFAYETTE, LA 70508-5784
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2025
$1,556,879
J&l Corner Offices Two LLC
Louis C Blanda JR
Deed
$1,401,191 · First Horizon Bank
Oct 25, 2022
$900,000
Trinam Holdings LLC
Steven K Staires Md A Professional
Deed
$765,000 · Cadence Bank NA
Jul 13, 2021
—
United Pain Land Co LLC
—
Deed
related
$1,037,291 · Home Bank NA
Dec 30, 2020
$2,100,000
Apclpm Property Management LLC
Anesthesiology & Pain Consultants L
Deed
$1,680,000 · First Horizon Bank
Aug 10, 2020
$2,034,000
J & L Corner Offices LLC
Corner Office Holdings LLC
Deed
$1,028,136 · Gulf Coast Bank & Trust Co
Jul 20, 2017
$500,000
Pulmonary & Sleep Clinic Of Acadian
Robert Ferris Tarpy Md II A Profess
Deed
$500,000 · Whitney Bank
Dec 1, 2008
—
Louis C Blanda JR
Lafayette Mob Properties LLC
Cash Sale Deed
$1,342,085 · Iberiabank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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