Financial
Distress signals
Property profile

2424 N University Ave Lafayette, LA 70507

FOR SALE
Sports & entertainment properties
Property ID
US36-1195650
11,644 SF 2.55 ac lot Built 2010
Last sale Jun 2009 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$220k
Assessed land$28k
Assessed improvement$192k
Effective rate10.46%

Value estimate

· Sep 2026
$320k
$288k – $352k
NOI build-up
Gross scheduled income$208k
Vacancy & credit loss−$29k
Operating expenses−$45k
NOI · 3.79% cap applied$135k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.79%
$135k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.7
Law Firm9.6
Auto Parts Store9.3

Location

2424 N University Ave Lafayette, LA 70507
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

3 recorded sales · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4520 Moss, Lafayette, LA 70507-3633 $240,000 Nov 2023 2,835 SF
108 Arabian, Lafayette, LA 70507-2559 $152,665 May 2023 No data
111 Pelican, Lafayette, LA 70507-3638 $600,000 Mar 2019 4,983 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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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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