3108 Pinhook RdLafayette, LA 70508

Property Details for 3108 Pinhook Rd

Year built

1985

Lot size

0.11 AC

Property size (Sq ft)

4,100 SF

Property type

Office properties

APN

6031363

APU

6031363

Description

This exceptional Class A office building, located at 3108 W Pinhook Rd in Lafayette, Louisiana, presents a unique opportunity for a single tenant. The 1,000-square-foot space is situated on a 0.1-acre lot and boasts a highly desirable location, minutes from the new Lafayette Regional Airport terminal. Its central position between Lafayette, Broussard, and Youngsville offers easy access to major thoroughfares and a diverse workforce. The two-story building features a well-designed layout including four private offices, a shared common area, and a restroom. Ample parking is available, ensuring convenience for employees and clients. The property is zoned IL and has a Lafayette Parish APN of 6031363. This secure building provides a productive work environment ideal for a regional company or office user seeking a smaller, efficiently designed space with a premium location. The property is currently vacant and ready for immediate occupancy. This is a single-tenant space in a building with a total of 1,000 square feet. The property's convenient location and functional layout make it an attractive option for businesses seeking a high-quality office space in a thriving area of Lafayette. The zip code is 70508.

• CAP approach

  CAP return

  Valuation

  6%

  $561,784

  6.5%

  $518,570

  7%

  $481,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $774,407

  Geo Method

  $1,227,499

• Alternative Use

  Use

  Valuation

  Residential

  $643,027

  Hospitality

  $589,009

  Educational

  $490,049

  Medical

  $506,902

  Retail

  $762,298

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.1707

Longitude

-91.9998

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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