Property summary
This exceptional 6,861-square-foot office building in Lafayette, Louisiana's prestigious Oil Center, presents a unique investment opportunity. Situated on a 0.47-acre lot at 129 Demanade Boulevard, 70503, this single-tenant property boasts a striking stucco facade and floor-to-ceiling windows, maximizing natural light and offering stunning courtyard views. The building's interior features 23 individual offices, several spacious executive suites, a well-equipped conference room, a kitchen, a copy room, and an IT room. Its prime location provides easy access to Girard Park, downtown Lafayette, and major thoroughfares, ensuring convenient commutes for employees. The Oil Center's vibrant atmosphere offers a wealth of amenities, including upscale restaurants, the Petroleum Club, shops, banks, medical facilities (including Ochsner Hospital), and various entertainment options. Furthermore, the property benefits from its proximity to significant medical expenditure areas, making it highly suitable for medical office use. An attached Oil Center Redevelopment Plan highlights the property's considerable future growth potential. This is a truly remarkable property, ideal for a discerning buyer seeking a high-quality, well-located office space in a thriving business district. The building's versatile layout and prime location make it suitable for a variety of uses, including traditional office, executive office, and medical office spaces.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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