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Financial
Distress signals
Property profile

311 W University Ave Lafayette, LA 70506

FOR SALE
Commercial land
Property ID
US36-0785901
0.2 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,100 square foot Class B office building is situated on a 0.29-acre lot at 311 W University Ave in Lafayette, Louisiana, zip code 70506. The property, identified by APN 6022502, features a single-story structure with seventeen parking spaces. The building boasts seven individual offices, a conference room, kitchen, two lobbies, and two restrooms. Its layout offers the potential for subdivision into three separate tenant suites, each with its own private entrance. The…

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?
$261
Tax billed · 2023
Assessed value$2k
Assessed land$2k
Effective rate10.85%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$7k
Operating expenses−$12k
NOI · 7.06% cap applied$35k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
7.06%
$35k 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 agency39.4
Dental Office34.0
Restaurant29.8

Location

311 W University Ave Lafayette, LA 70506
County assessor Recorded deeds · not on file 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
211 Brentwood, Lafayette, LA 70506-6110 $45,000 Apr 2025 No data
803 Bertrand, Lafayette, LA 70506-4103 $1,000,000 Jul 2024 No data
200 Blk Dustin, Lafayette, LA 70506 $125,000 May 2024 No data
300 Blk Target, Lafayette, LA 70506 $137,279 Apr 2024 No data
Great Escape, Lafayette, LA 70506 $500,000 Mar 2024 No data
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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