Property profile

214 Jefferson St Lafayette, LA 70501

FOR LEASE
Other office properties
Property ID
US36-1098286
46,128 SF 0.36 ac lot Built 1984
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Class A office building located on Jefferson Street in Downtown Lafayette, Louisiana. The property has three floors, each with approximately 13,725 square feet, for an overall configuration that includes private offices, large open desk areas, full kitchens, break rooms, bathrooms, and conference rooms. The second floor includes a balcony overlooking Jefferson Street. Building access features secured entry with key card access, and the property includes two private employee parking lots. The structure is historically associated with the Lemoine Company building and is configured to accommodate multi-floor occupancy, with the second and third floors and part of the first floor having previously been designated for occupancy. The building is positioned within walking distance of restaurants, coffee shops, business towers, and shopping.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1984
Total area 46,128 SF
Lot 0.36 ac (15,682 SF)
APN 6071864
UPID US36-1098286

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization
  • Construction Company

Location

214 Jefferson St Lafayette, LA 70501
Lafayette metro Census 100 LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.20M
Comparable Approach Comparable
$6.01M
Blend (final) Blend
$780k

Owner & transaction history

since 2006
2 recorded transactions
2017
Price N/A
2006
$385,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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