Active
Sale
Investment
Office

315 S College Rd

315 S College Rd, Lafayette, LA 70503

For Sale

$8,000,000

$144.09/SF

Cap Rate
6.5%
Building Size
55,519 SF
Lot Size
2.602 ac
Parish
Lafayette
DOM
5
Listed
11/09/2026
Updated
11/13/2026
New
315 S College Rd
1 / 9

Overview

Welcome to Stately Plaza, Midtown Lafayette’s premier office destination and an exceptional opportunity to acquire a beautifully updated, income-producing commercial property in one of Lafayette’s most desirable business locations.

Featuring fully updated interior and exterior finishes and approximately 98% occupancy, Stately Plaza offers investors an attractive combination of established tenancy, strong occupancy, and turnkey property condition. With substantial improvements already completed, a new owner can step into a well-maintained, nearly fully occupied asset without the immediate capital improvement demands often associated with commercial real estate acquisitions.

Strategically positioned in the heart of Midtown Lafayette, Stately Plaza provides an ideal setting for a thriving community of professionals and businesses. The property features impressive entryways and common areas, a functional floor plate with elevator access, restrooms, a breakroom, a mailroom, and a centrally located on-site gym surrounded by office suites. The efficient layout also offers tenants flexibility and the opportunity to expand within the building as their businesses grow.

Beyond the property itself, Stately Plaza benefits from an outstanding Midtown location with convenient access to the amenities that make Lafayette an attractive place to live and work. Within approximately five minutes, tenants can access churches, daycares, fitness centers, tennis and pickleball courts, golf courses, Moncus Park's 100-acre recreational setting, numerous restaurants, major medical facilities and hospitals, the post office, print shops, and Lafayette Regional Airport.

For investors seeking a quality commercial asset, Stately Plaza presents an especially attractive opportunity for a 1031 exchange, offering the potential to transition exchange proceeds into a substantially updated, nearly fully occupied office property in an established Lafayette market.

Stately Plaza combines location, condition, occupancy, and long-term investment appeal in one exceptional commercial offering.

Highlights

Midtown Lafayette’s premier office building with a community of high‑impact professionals

Like‑new condition with a polished, first‑class impression for clients and employees

Highly accessible location—easy for anyone in the region to reach

Functional, growth‑friendly floor plate with offices surrounding central amenities

Elevator‑served building with modern restrooms, breakroom, mailroom, and on‑site gym

Surrounded by Midtown amenities that support productivity and quality of life

Within 5 minutes of:

Moncus Park (100 acres of trails and recreation)

Gyms, tennis courts, pickleball courts, golf courses

Daycares, churches, restaurants

Major hospital and medical services

Post office and print shops

Lafayette Regional Airport

Additional Information

City
Lafayette
County
Lafayette Parish
State
LA
Zip Code
70503
Latitude
30.2047668
Longitude
-92.0338729
Zoning
MN-1
Zoning Desc.
Mixed Use Neighborhood 1
NOI
$520,000
Building Name
Stately Plaza
Building Class
A
Floors
2
Nearest MSA
Lafayette
Property Use Type
Investment
Property Status
Existing
Vehicles Per Day
32,965 VPD
Avg. Occupancy
98%
Nearest Interstate
Interstate 10 - 3.6 mi
Nearest Hwy
U.S. Highway 167 - 0.4 mi
Nearest Airport
Lafayette Regional Airport - 3.8 mi
Power Provider
City - LUS
Water Provider
City - LUS
Sewer Provider
City - LUS
Fiber Optic Provider
City - LUS Fiber
Parcel APN
6054524
Listing ID
03b89b59

Parcel & Location