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2201 W Congress St, Lafayette, LA 2201 W Congress St 4,494 SF Office Building Lafayette, LA 70506 $850,000 ($189.14/SF)
Investment Highlights
- Free Standing Building
- 10,096 VPD Traffic Count
- Nearby attractions include the Cajundome and Cajun Field.
- National Tenant
- The site is conveniently located between Bertrand Drive and Evangeline Thruway.
Executive Summary
The subject property features a 4,494 square foot, one-story brick office building, currently leased to a national tenant at $4,972 per month. The lease rate is $13.28 per square foot, with the base term expiring on February 28, 2027, and includes three one-year renewal options. The property is situated on a 0.561-acre corner lot.
The site is conveniently located between Bertrand Drive and Evangeline Thruway, both of which run north-south and provide direct connections to Interstate 10. Nearby attractions include the Cajundome and Cajun Field. Additionally, Ochsner University Hospital & Clinics and Downtown Lafayette are just a short drive away. The Lafayette Regional Airport is also easily accessible.
List Price: $850,000
Contact agents for additional information
The site is conveniently located between Bertrand Drive and Evangeline Thruway, both of which run north-south and provide direct connections to Interstate 10. Nearby attractions include the Cajundome and Cajun Field. Additionally, Ochsner University Hospital & Clinics and Downtown Lafayette are just a short drive away. The Lafayette Regional Airport is also easily accessible.
List Price: $850,000
Contact agents for additional information
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$4,023
|
$0.90
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,023
|
$0.90
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $4,023 |
| Annual Per SF | $0.90 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,023 |
| Annual Per SF | $0.90 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,494 SF
Building Class
B
Year Built
1973
Price
$850,000
Price Per SF
$189.14
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,494 SF
Building FAR
0.18
Lot Size
0.56 AC
Zoning
MN-1 - Mixed-Use Neighborhood 1
Parking
23 Spaces (5.12 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 6048501 | Total Assessment | $38,460 (2024) |
| Land Assessment | $6,720 (2024) | Annual Taxes | $4,023 ($0.90/SF) |
| Improvements Assessment | $31,740 (2024) | Tax Year | 2023 |
Property Taxes
Parcel Number
6048501
Land Assessment
$6,720 (2024)
Improvements Assessment
$31,740 (2024)
Total Assessment
$38,460 (2024)
Annual Taxes
$4,023 ($0.90/SF)
Tax Year
2023
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2201 W Congress St, Lafayette, LA | 2201 W Congress St
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