Property profile

520 S Magnolia St Lafayette, LA 70501

FOR SALE
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Property ID
US36-1074767
3,168 SF 0.14 ac Built 1970
Last sale Nov 2023·$40,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This 2,800-square-foot building previously operated as a grocery store and has been renovated. Interior features include a walk-in cooler, a separate washing and prep area, and existing living quarters. The property has an upgraded electrical panel, a metal roof, and a reinforced subfloor. The site covers 0.14 acres and is constructed with stucco, with tile flooring, wall-unit cooling, and electric heat. Public water and sewer serve the property. Parking is available in an on-site lot and via off-street spaces, and an additional storage building is present.

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?
$718
Tax billed · 2023
Assessed value$7k
Assessed land$624
Assessed improvement$6k
Effective rate10.59%

Value estimate

· Nov 2026
$55k
$50k – $61k
AI approach$90k
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 19.98% cap applied$34k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$44 – $162
Qualifying comparables7

Cap rate analysis

How does the asset earn?
19.98%
$34k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Dry Cleaner9.2
Locksmith9.1

Location

520 S Magnolia St Lafayette, LA 70501
County assessor Recorded deeds · 2 transfers 7 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2318 Moss, Lafayette, LA 70501-2126 $140,000 Jun 2025 3,600 SF
228 Saint John, Lafayette, LA 70501-4718 $153,000 Dec 2024 3,600 SF
1901 Evangeline, Lafayette, LA 70501-1923 $185,000 Aug 2024 2,477 SF
1126 Cameron, Lafayette, LA 70501-5612 $90,000 Jun 2023 2,770 SF
415 Jefferson, Lafayette, LA 70501 $220,000 May 2023 2,484 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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