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    Cecil D Little, Scott, LA

    License ID: 27111
    The Lolley Group, LLC
    Years of Experience
    11

    Contact details

    Phone:
    (337) 280-1235

    Performance

    Listings
    17
    Total transactions
    4
    Total transactions amount
    $2M
    Price range
    $333k - 750k
    Average price
    $500k

    Listings

    For Sale (12)

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    • $218,018
      3.65 Acres

      Lafayette Commercial Lots For Sale

      Commercial lots near S College Extension and Kaliste Saloom Rd.
      319 Rue De Commerce, Lafayette, LA 70508
      View Details
    • $596,719
      3.65 Acres

      Commercial Lots on South College

      Commercial lots with exceptional visibility on South College Extension.
      305 S College Ext, Lafayette, LA 70508
      View Details
    • $756,825
      1.39 Acres

      Broussard Land For Sale

      Developed lot near growing corridor with solid growth potential.
      6706 Ambassador Caffrey Pkwy, Broussard, LA 70518
      View Details
    • $264,900
      12.40 Acres

      Commercial Land at Interstate Exit

      12.4 acres at I-49 exit, fuel and food opportunity.
      Highway 103, Washington, LA 70589
      View Details
    • $317,117
      1.04 Acres

      Lafayette Commercial Land For Sale

      Commercial land parcel available in Lafayette, Louisiana.
      5800 Blk Johnston St, Lafayette, LA 70503
      View Details
    • $120,000
      3.51 Acres

      Residential Land in New Iberia

      3.51 acre residential lot with bayou frontage.
      6018 Coteau Rd, New Iberia, LA 70560
      View Details
    • $927,750
      Pending

      Lafayette Commercial Land Available

      Undeveloped commercial acreage for sale in Lafayette, Louisiana.
      2000 S College Rd, Lafayette, LA 70508
      View Details
    • $675,615
      1.74 Acres

      Lafayette Commercial Land For Sale

      Prime commercial land with Johnston Street visibility near Acadiana Mall.
      5800 Johnston St, Lafayette, LA 70503
      View Details
    • $473,715
      1.45 Acres

      Lafayette Commercial Land For Sale

      Corner lot with high visibility on mall access road.
      5725 Johnston St, Lafayette, LA 70503
      View Details
    • $2,212,848
      6.35 Acres

      Commercial Land in Lafayette, LA

      Commercial land with access from Ambassador Caffery in Lafayette.
      5725 Johnston St, Lafayette, LA 70503
      View Details
    • $386,160
      1.97 Acres

      Lafayette Commercial Land For Sale

      Commercial land with excellent visibility near assisted living facility.
      100 Global Cir, Lafayette, LA 70503
      View Details
    • $675,615

      Acadiana Mall Out-Parcel Land

      Commercial land with Johnston Street visibility, near Acadiana Mall.
      5800 Johnston St, Lafayette, LA 70503
      View Details

    For Lease (5)

    View map
    • Contact for pricing
      2,400 SF

      Youngsville Commercial Space For Rent

      Heated, cooled warehouse space with storefronts in mint condition.
      2761 E Milton Ave, Youngsville, LA 70592
      View Details
    • Contact for pricing
      740 SF

      Retail Space in Youngsville, LA

      740 SF retail suite with high visibility available for lease.
      2761 E Milton Ave, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space in Youngsville, LA

      Retail space available for lease in Youngsville, Louisiana.
      2018 Chemin Metairie Pkwy, Youngsville, LA 70592
      View Details
    • Contact for pricing
      4,410 SF

      Restaurant with Outdoor Seating

      4,410 SF restaurant with pick-up window and outdoor seating.
      2018 Chemin Metairie Pkwy, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,200 SF

      Versatile Commercial Space in Youngsville

      Flexible commercial space suitable for office or retail use.
      2761 Milton Ave E, Youngsville, LA 70592
      View Details

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    Cecil D Little, Scott, LA
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Cecil D Little, Scott, LA
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