913 College RdLafayette, LA 70503

Property Details for 913 College Rd

Year built

1980

Lot size

2.79 AC

Property size (Sq ft)

44,640 SF

Property type

Office properties

APN

6054521

APU

6054521

Description

This two-story, Class B office building, totaling 45,958 square feet, offers a variety of flexible workspace options. Located at 913 S. College Rd., Lafayette Parish, this property boasts 9,655 square feet of immediately available space, divisible into units ranging from 711 to 4,972 contiguous square feet. The building features 168 parking spaces conveniently located in front, rear, and sides, along with a covered awning at the handicap-accessible entrance. One elevator ensures easy access to both floors. Additional building amenities include a full-service setup and a rear exit for convenient access to a nearby traffic light. Built in 1985, this single building sits on a 2.81-acre lot and is zoned for Lafayette Parish use. Its central location is a half-mile from both the Oil Center and Lafayette General Medical Center, making it ideal for medical offices, professional services, or businesses seeking a prominent Lafayette address. The building's adaptable spaces cater to various needs, including traditional, executive, medical, creative, and coworking office setups. Multiple tenancy is available.

• CAP approach

  CAP return

  Valuation

  6%

  $6,116,850

  6.5%

  $5,646,323

  7%

  $5,243,014

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,431,590

  Geo Method

  $13,364,770

• Alternative Use

  Use

  Valuation

  Residential

  $7,001,440

  Hospitality

  $6,413,282

  Educational

  $5,335,776

  Medical

  $5,519,281

  Retail

  $8,300,095

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.2021

Longitude

-92.029

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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