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Property profile & analytics
FOR LEASE
Commercial real estate
1501 Kaliste Saloom Rd Lafayette, LA 70508
Entity Owned
Free & Clear
Property ID
US36-1176434
For Lease
1 / 9
$16 SF/Yr
1501 Kaliste Saloom Rd, Lafayette, LA 70508
View Listing →
Property summary
AI-generated overview
This 18,000 square foot single-story retail strip center, located at 1501 Kaliste Saloom Rd in Lafayette, Louisiana, offers a prime opportunity for businesses seeking high visibility. The property sits on a 1.61-acre lot (70,264 square feet) and is zoned CM-1. Currently, 1,200 square feet of space is immediately available, with a maximum contiguous space of 1,200 square feet. One additional suite of 3,000 square feet is also available. The 3,000 square foot suite features fresh paint and new flooring. This location boasts high traffic counts due to its position on Kaliste Saloom Road and its proximity to the River Ranch Subdivision. The monthly rent for the 3,000 square foot suite is $5,000, which includes property taxes and building insurance
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Total area
18,000 SF
Lot
1.59 ac (69,260 SF)
APN
6022420
UPID
US36-1176434
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
-
Life of Riley Salon Supply Big Box & Wholesale Store Cosmetic Store
-
Haus of Brows & Esthetics Spa & Massage Center
-
KACY R MACALUSO Physician
-
Andrea Fontenot Physician
-
Louisiana Orthopaedic Specialists Rehabilitation Annex Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.56M
Owner & transaction history
FIVE H PLAZA LLC
FIVE H PLAZA LLC
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$86 / SF
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
$19,596
Tax year 2023
Assessed value
$187,266
Assessed 2023
Previous assessed
$187,266
+0.0% YoY
Effective rate
10.46%
On assessed value
Assessed land
$62,526
Assessed improvement
$124,740
Land market value
$625,260
Improvement market value
$831,600
Total market value
$1,456,860
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1990
Heating
NONE
Total area
18,000 SF
Lot
1.59 ac (69,260 SF)
APN
6022420
UPID
US36-1176434
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
Year built
1990
Heating
NONE
Lot
1.59 ac
Current owner
From public records · entity-resolved
FIVE H PLAZA LLC
Entity
Free & Clear · 0 yrs held
Mailing address
119 LAGNEAUX RD, DUSON, LA 70529-3810
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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