Property profile

801 W University Ave Lafayette, LA 70506

FOR SALE
Commercial real estate
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Property ID
US36-1149591
9,504 SF 0 ac Built 1950
Last sale Feb 2024·$412,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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. 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?
$5k
Tax billed · 2023
Assessed value$41k
Assessed land$5k
Assessed improvement$37k
Effective rate11.98%

Value estimate

· Nov 2026
$410k
$369k – $451k
AI approach$410k
NOI build-up
Gross scheduled income$175k
Vacancy & credit loss−$14k
Operating expenses−$48k
NOI · 11.35% cap applied$112k

Realmo valuation models over county records and 9 qualifying comparable sales.

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
Qualifying comparables9

Cap rate analysis

How does the asset earn?
11.35%
$112k 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 Service13.1
Pharmacy10.8
Storage Facility10.8

Location

801 W University Ave Lafayette, LA 70506
County assessor Recorded deeds · 1 transfer 9 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
115 Leonie, Lafayette, LA 70506-6227 $375,000 Dec 2025 3,588 SF
4120 Cameron, Lafayette, LA 70506-1420 $240,000 Nov 2024 5,437 SF
105 Saint Landry, Lafayette, LA 70506-3531 $270,000 Nov 2024 3,069 SF
504 Guilbeau, Lafayette, LA 70506-8413 $750,000 Jan 2024 6,240 SF
116 Guilbeau, Lafayette, LA 70506-6139 $200,000 Nov 2023 3,204 SF
1803 University, Lafayette, LA 70506-2543 $265,000 May 2023 3,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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