Property profile

152 Banks Ave Lafayette, LA 70506

FOR LEASE
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Property ID
US36-1011870
4,200 SF 0.37 ac Built 2000
Last sale Mar 2024·$332,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a renovated two-story office building totaling approximately 2,500 square feet, situated on a 0.37-acre lot. The interior layout includes three private offices, a conference room, a break room, and a bathroom with a shower. Building features include wood flooring, central air conditioning, and central electric heating. Off-street parking is provided and is secured, and the site is partially fenced. The property is served by public water and sewer and is located in an area zoned for commercial use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$42k
Assessed land$6k
Assessed improvement$37k
Effective rate10.48%

Value estimate

· Nov 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$6k
Operating expenses−$10k
NOI$29k

Realmo valuation models over county records and 12 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 comparables12

Cap rate analysis

How does the asset earn?
$29k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.5
Law Firm9.5
Realty agency8.2

Location

152 Banks Ave Lafayette, LA 70506
County assessor Recorded deeds · 1 transfer 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4710 Cameron, Lafayette, LA 70506-1432 $290,000 Dec 2025 2,820 SF
120 Toledo, Lafayette, LA 70506-2047 $380,000 Jan 2025 5,000 SF
430 Eraste Landry, Lafayette, LA 70506-2324 $200,000 Dec 2024 4,032 SF
202 Toledo, Lafayette, LA 70506-2045 $590,000 Aug 2024 6,020 SF
1207 University, Lafayette, LA 70506-1011 $460,000 Jun 2024 2,952 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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