Financial
Distress signals
Property profile

324 Farrel Rd Lafayette, LA 70508

OFF-MARKET
Other office properties
Property ID
US36-1274275
2,433 SF 0.82 ac lot Built 2009
Last sale May 2026 · $900,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,380-square-foot medical/professional office building on a 0.82-acre lot, configured to support patient flow and clinical or office services. The interior includes eight fully built-out office/exam rooms, a lobby, a reception area, a kitchen/breakroom, and two restrooms. The property is situated near Our Lady of Lourdes Women’s & Children’s Hospital and Our Lady of Lourdes Hospital, as well as St. Thomas More High School and the Costco Shopping Center, with surrounding retail and dining. 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. 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?
$7k
Tax billed · 2023
Assessed value$66k
Assessed land$22k
Assessed improvement$44k
Effective rate10.47%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$157/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$93 – $221
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency23.8
Building Supply21.6
Auto Repair Shop17.8

Location

324 Farrel Rd Lafayette, LA 70508-7106
County assessor Recorded deeds · 2 transfers 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
104 Republic, Lafayette, LA 70508-6883 $250,000 Nov 2025 3,100 SF
209 Rue Louis Xiv, Lafayette, LA 70508-5736 $650,000 Mar 2024 3,159 SF
101 Brightwood, Lafayette, LA 70508-7351 $360,000 Feb 2024 2,279 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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