Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    425 Settlers Trace Blvd Lafayette, LA 70508

    • Commercial real estate
    For Lease
    View listing
    $9,325 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2495910
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cardiovascular Institute of the South: Intensive Cardiac Rehab / Rehabilitation Center
    • Moreau Physical Therapy - Lafayette / Occupational Therapist / Physical Therapist
    • WCS Well Control / Training Centre
    • Louisiana Dental Implant Lab / Dental Laboratory
    • Dr. Manikandan Nagendran / Internist / Practitioner Service Location

    Property Details for 425 Settlers Trace Blvd

    Property type
    Commercial real estate

    Description

    This exceptional 2,527 square foot Class A executive office suite is available for lease in Lafayette, Louisiana. Located at 425 Settlers Trace Blvd, this second-floor space offers unparalleled convenience with easy access to Camellia Blvd and Settlers Trace Blvd. The building boasts ample on-site parking, exceeding medical requirements at a 5/1000 ratio. The suite, completely renovated in 2024, is situated in a two-story building within Lafayette Parish (zip code 70508). Its single-tenant occupancy provides a private and efficient workspace. This versatile space is highly adaptable to various business needs

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -92.045114237732
    Latitude
    30.164432368939

    Comparable in this City

    • $18 SF/Yr
      89,822 SF

      Lafayette Executive Office Space

      Prime Lafayette location, renovated office suites available.
      1819 Pinhook Rd, Lafayette, LA 70508
      View Details
    • $1.00 SF/Yr
      5,000 SF

      Prime Lafayette Office Space

      5,000 SF Executive Office Suite
      325 Kaliste Saloom Rd, Lafayette, LA 70508
      View Details
    • $25 SF/Yr
      934 SF

      Class A Office Space

      Move-in ready office space in River Ranch, Lafayette, LA.
      1301 Camellia Blvd, Lafayette, LA 70508
      View Details
    • $1,050 /Mo
      11,264 SF

      Mixed-Use Facility in Growing Lafayette

      Mixed-use property with retail and office/residential potential for rent.
      2801 Kaliste Saloom Rd, Lafayette, LA 70508
      View Details
    • $600 /Mo
      29,185 SF

      Class A Office in Lafayette

      Premier office space in a mixed-use development, great visibility.
      1318 Camellia Blvd, Lafayette, LA 70508
      View Details
    • $16 SF/Yr
      39,000 SF

      Lafayette Office Suites For Lease

      Prime Lafayette Office Space, Flexible Sizes
      221 Rue De Jean, Lafayette, LA 70508
      View Details

    Similar Nearby for Sale

    • $94,500
      1,598 SF

      Lafayette Office Building Near Airport

      Commercial building near Hwy 90 and airport with modern amenities.
      112 Chaplin Dr, Lafayette, LA 70508
      View Details
    • $770,000
      7,017 SF

      Renovated Office/Warehouse with Stabilized Yard

      Renovated 7,017 SF office/warehouse on 2.03 acres.
      129 Youngsville Hwy, Lafayette, LA 70508
      View Details
    • Contact for pricing
      1,810 SF

      Lafayette Office Space: Buy or Lease

      New construction medical/office suites. Prime Lafayette location.
      1600 Camellia Blvd, Lafayette, LA 70508
      View Details
    • $125,000
      1,100 SF

      Office Condo Investment, Lafayette LA

      1,100 SF Office, Airport Proximity
      1101 Hugh Wallis Rd, Lafayette, LA 70508
      View Details
    • $425,000
      2,471 SF

      Lafayette Office/Professional Opportunity

      Versatile commercial property suitable for office, community, or educational purposes.
      3000 W Pinhook Rd, Lafayette, LA 70508
      View Details
    • $750,000
      5,199 SF

      Garden-Style Office Building For Sale

      Four-unit office building with suites, ideal for owner-occupant.
      1003 Hugh Wallis Rd S, Lafayette, LA 70508
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      39,000 SF

      Lafayette Office Suites For Lease

      Prime Lafayette Office Space, Flexible Sizes
      221 Rue De Jean, Lafayette, LA 70508
      View Details
    • $26 SF/Yr
      10,178 SF

      Lafayette Creative Office Space

      Class A Office/Retail, 10,178 SF Available
      3014 Kaliste Saloom Rd, Lafayette, LA 70508
      View Details
    • $20 SF/Yr
      1,255 SF

      Versatile Space Near Verot School

      Adaptable 1,255 sq ft unit suitable for various businesses.
      626 Verot School Rd, Lafayette, LA 70508
      View Details
    • $3,000 /Mo
      2,600 SF

      Lafayette Office Space For Rent

      Second-floor office space with private entrance near major roads.
      202 Magnate Dr, Lafayette, LA 70508
      View Details
    • $3,424 /Mo
      1,580 SF

      Lafayette Professional Center on Verot

      New professional center with high-quality craftsmanship and convenient location.
      2005 Verot School Rd, Lafayette, LA 70508
      View Details
    • $6,693 /Mo
      5,020 SF

      Lafayette Office Suites For Lease

      Executive office suites available in a prime Lafayette location.
      100 Asma Blvd, Lafayette, LA 70508
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    425 Settlers Trace Blvd
    Lafayette, LA 70508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.