102 Versailles BlvdLafayette, LA 70501

Property Details for 102 Versailles Blvd

Year built

1970

Lot size

3.31 AC

Property size (Sq ft)

164,152 SF

Property type

Office properties

Property subtype

Other office properties

APN

6043126

APU

6043126

Description

This exceptional 11,736 square foot office suite, located within a prestigious eight-story Class A building at 102 Versailles Blvd, Lafayette, LA 70501, presents a unique leasing opportunity. The suite is part of a larger 140,677 square foot building boasting recently renovated common areas, ensuring a modern and professional environment. High-efficiency air conditioning and state-of-the-art elevators provide optimal comfort and convenience. Security is a top priority, with 24-hour accessibility and nightly security personnel on duty. The building's prime location offers unparalleled convenience, situated near both Parish and Federal courthouses, providing easy access to legal and governmental services. Ample free parking is readily available for tenants and visitors. Enjoy the vibrant atmosphere of downtown Lafayette, with its diverse selection of shopping and dining options, just minutes away. This multiple-tenancy building offers breathtaking views from every suite, making it an ideal location for businesses seeking a prestigious and functional workspace. The property type is Traditional Office, located in Lafayette Parish, Louisiana.

• CAP approach

  CAP return

  Valuation

  6%

  $22,493,006

  6.5%

  $20,762,774

  7%

  $19,279,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,004,982

  Geo Method

  $49,145,468

• Alternative Use

  Use

  Valuation

  Residential

  $25,745,840

  Hospitality

  $23,583,052

  Educational

  $19,620,822

  Medical

  $20,295,612

  Retail

  $30,521,278

Location Insight

City

Lafayette

County

Lafayette

State

Louisiana

Latitude

30.2251

Longitude

-92.0239

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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