217 Kaliste Saloom RdLafayette, LA 70508

Property Details for 217 Kaliste Saloom Rd

Year built

1978

Lot size

1.00 AC

Property size (Sq ft)

16,820 SF

Property type

Office properties

Property subtype

Other office properties

APN

6066293

APU

6066293

Description

This exceptional 2-story medical office building at 217 E Kaliste Saloom Rd, Lafayette, LA 70508, offers 4,093 square feet of vacant, contiguous space. Situated on one acre of land in Lafayette Parish, this Class B building underwent a complete renovation in 2023 under new ownership. Improvements include a comprehensive HVAC upgrade, enhancing energy efficiency and comfort. The updated landscaping enhances the building's curb appeal. Modernized restrooms add to the overall functionality and appeal. The building features an attractive architectural glass design and boasts convenient elevator access. The multiple tenancy structure provides flexibility for various medical practices. This prime location within a thriving business corridor offers easy access to numerous retail and restaurant options, and is conveniently located less than two miles from the Lafayette Regional Airport, ensuring excellent accessibility for patients and staff. The building is ready for immediate occupancy. The available space is ideal for a medical practice seeking a modern, well-maintained facility in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,304,724

  6.5%

  $2,127,437

  7%

  $1,975,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,176,957

  Geo Method

  $5,035,740

• Alternative Use

  Use

  Valuation

  Residential

  $2,638,022

  Hospitality

  $2,416,414

  Educational

  $2,010,428

  Medical

  $2,079,570

  Retail

  $3,127,333

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.1929

Longitude

-92.0112

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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