221 Rue De JeanLafayette, LA 70508

Property Details for 221 Rue De Jean

Lot size

1.92 AC

Property type

Office properties

Property subtype

Other office properties

APN

6168610

APU

6168610

Description

This exceptional three-story Class B office building, located at 221 Rue De Jean in Lafayette, Louisiana, 70508, offers a variety of full-service executive and traditional office suites for lease. The building boasts a total of 39,000 square feet, with available spaces ranging from a minimum of 669 square feet to a maximum contiguous space of 3,083 square feet. A total of 5,936 square feet is currently vacant and ready for immediate occupancy. The building features ample parking on both sides, providing convenient access for tenants and their clients. An attractive interior courtyard offers a relaxing break area and pleasant views for occupants. The flexible suite layouts can be adapted to meet the specific needs of various businesses. This prime Lafayette location in Lafayette Parish provides easy access to local amenities and transportation routes. The building's design and amenities create a comfortable and productive work environment. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this desirable location. Don't miss this chance to secure your ideal office space in this well-maintained and conveniently located building.

• CAP approach

  CAP return

  Valuation

  6%

  $11,459,890

  6.5%

  $10,578,360

  7%

  $9,822,763

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,796,954

  Geo Method

  $25,039,482

• Alternative Use

  Use

  Valuation

  Residential

  $13,117,167

  Hospitality

  $12,015,254

  Educational

  $9,996,550

  Medical

  $10,340,347

  Retail

  $15,550,189

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.1905

Longitude

-92.0105

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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