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Property profile & analytics
OFF-MARKET Estimated value $1,355,000
Office Spaces

227 Bendel Rd A Lafayette, LA 70503-2922

16,363 SF 0.69 ac lot Built 1988
Entity Owned 9-yr Hold Free & Clear
Property ID
US36-1288858
Property summary
AI-generated overview

This exceptional 16,955 square foot office building is strategically located in Lafayette's Oil Center, a highly desirable area for businesses. The property, situated at 227 Bendel Road, Lafayette, LA 70503, is meticulously maintained and presents a fantastic opportunity for both investors and owner-occupiers. The building features two distinct suites, providing the flexibility to generate rental income from separate tenants or to accommodate a single large occupant. This dual-suite configuration offers significant versatility, allowing for customized space allocation to meet diverse business needs. The property's prime location within the Oil Center ensures high visibility and easy access to major thoroughfares, making it an attractive proposition for a wide range of professional services, including medical practices. The asking price for this well-maintained office building is $1,500,000. This represents a compelling investment opportunity in a thriving Louisiana market. The property's size and layout make it suitable for a variety of uses, offering a strong return on investment potential. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1988
Total area 16,363 SF
Lot 0.69 ac (30,056 SF)
APN 6056522
UPID US36-1288858
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
  • Laurie Lee Physician
  • Pulmonary Sleep Clinic Arcadia Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.36M
Owner & transaction history
Noit II LLC · 9 yrs held
Noit II LLC
since 2017
2 recorded transactions
2018
Price N/A
2017
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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