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    The Largest CRE Database in the US with Over 1 Million Listings

    Michael Doughty, Lafayette, LA

    License ID: 0995684900
    Platinum Realty
    Years of Experience
    12

    Contact details

    Phone:
    (337) 250-3427

    Performance

    Listings
    28
    Total transactions
    125
    Total transactions amount
    $25M
    Price range
    $133k - 300k
    Average price
    $200k

    Listings

    For Sale (18)

    View map
    • $265,000
      6,312 SF

      Historic Office Building in Crowley

      Charming downtown office building with historic character and modern versatility.
      211 N Parkerson Ave, Crowley, LA 70526
      View Details
    • $149,000
      4,618 SF

      Gueydan Commercial Property Opportunity

      Commercial property in Gueydan with high visibility and flexible use.
      411 S 1St St, Gueydan, LA 70542
      View Details
    • $265,000
      3.71 Acres

      Prime Land I-10 Frontage

      3.71 acres with I-10 frontage, development opportunity.
      Tbda-57-D Egan Hwy, Crowley, LA 70526
      View Details
    • $152,500
      5,030 SF

      Adaptable Warehouse on US Hwy 90

      Versatile commercial building on US Highway 90 in Crowley, LA.
      213 W 2Nd St, Crowley, LA 70526
      View Details
    • $65,000
      18.23 Acres

      Highway 90 Commercial Land

      Commercial land available on Highway 90 in Estherwood, Louisiana.
      Tract B Us-90, Estherwood, LA 70534
      View Details
    • $150,000
      3.71 Acres

      Commercial Land on Highway 90

      Commercial land available on Highway 90 in Estherwood, Louisiana.
      Tract A Us-90, Estherwood, LA 70534
      View Details
    • $30,000
      18.23 Acres

      Highway 90 Commercial Land

      Commercial land available on Highway 90 in Estherwood, Louisiana.
      Tract C Us-90, Estherwood, LA 70534
      View Details
    • $350,000
      7,800 SF

      Multi-Use Strip Center For Sale

      7,800 SF multi-use strip center with income and upside.
      518 S Eastern Ave, Crowley, LA 70526
      View Details
    • $294,750
      19.65 Acres

      Unrestricted Land Near Lafayette Amenities

      Unrestricted 19.65-acre land parcel near Lafayette and Interstate 10.
      Tbd Saul Dr, Lafayette, LA 70507
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Lot in East Crowley

      Vacant lot near schools and Highway 90/Interstate 10.
      1501 Avenue L N, Crowley, LA 70526
      View Details
    • Contact for pricing
      0.60 Acres

      Land Across From Lake Arthur

      Residential land near Lake Arthur Yacht Club.
      6 Morgan Shores Rd, Lake Arthur, LA 70549
      View Details
    • Contact for pricing
      0.51 Acres

      Lake Arthur Residential Land

      Residential land across from Lake Arthur, near yacht club.
      5 Morgan Shores Rd, Lake Arthur, LA 70549
      View Details
    • Contact for pricing
      0.55 Acres

      Residential Lot Near Lake Arthur

      Residential lot near Lake Arthur with water views.
      3 Morgan Shores Rd, Lake Arthur, LA 70549
      View Details
    • Contact for pricing
      0.62 Acres

      Lake Arthur Residential Lot

      Residential lot across from Lake Arthur with water views.
      2 Morgan Shores Rd, Lake Arthur, LA 70549
      View Details
    • Contact for pricing
      0.65 Acres

      Lake Arthur Residential Lot

      Residential lot near Lake Arthur Yacht Club.
      1 Morgan Shores Rd, Lake Arthur, LA 70549
      View Details
    • $114,500

      Commercial Lot I-10 Visibility

      Commercial lot with I-10 visibility, seconds from Exit 80.
      000 Egan Hwy, Crowley, LA 70526
      View Details
    • $185,000

      Highway 90 Commercial Office & Shop

      Versatile commercial office and shop space on Highway 90.
      19795 Hwy 90, Crowley, LA 70526
      View Details
    • $265,000

      Historic Downtown Office Building

      Charming office building with historic character and modern versatility.
      211 N Parkerson Ave, Crowley, LA 70526
      View Details

    For Lease (10)

    View map
    • $1,800 /Mo
      2,400 SF

      Crowley Retail/Office Space Available

      Commercial space for rent on Main Street near courthouse.
      813 N Parkerson Ave, Crowley, LA 70526
      View Details
    • $2,250 /Mo
      3,600 SF

      Retail/Office Space in Crowley, LA

      3600 sq ft retail/office space for rent in Crowley.
      2019 N Parkerson Ave, Crowley, LA 70526
      View Details
    • $20 SF/Yr
      1,436 SF

      Prime Commercial Building in Crowley

      Under-construction retail/office space in a high-visibility location.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $20 SF/Yr
      1,436 SF

      Prime Commercial Building in Crowley

      Under-construction retail/office space in a high-visibility location.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $20 SF/Yr
      1,436 SF

      Retail/Office Space in Crowley, LA

      Under-construction commercial building with high visibility and multiple tenancy options.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $20 SF/Yr
      1,436 SF

      Prime Commercial Building in Crowley

      Under-construction retail/office space in a high-visibility location.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $22 SF/Yr
      1,436 SF

      Prime Commercial Building in Crowley

      Under-construction retail/office space on I-10 frontage land.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $22 SF/Yr
      1,436 SF

      Prime Commercial Space in Crowley

      Under-construction retail/office space with high visibility in Acadiana.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $20 SF/Yr
      1,436 SF

      Prime Commercial Building Under Construction

      Under-construction commercial building for retail, office, QSF, and medical tenancy.
      2433 Rice Capital Pkwy, Crowley, LA 70526
      View Details
    • $1,500 /Mo
      1,400 SF

      Versatile Commercial Office & Shop Space

      Commercial office and shop space located on high-traffic US HWY 90.
      19795 Us 90, Crowley, LA 70526
      View Details

    Leases and Sales on Map

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    Request Owner's contact information
    Michael Doughty, Lafayette, 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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    Michael Doughty, Lafayette, LA
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