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    12617 E Hwy 90 Jeanerette, LA 70544

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    Claim this Listing
    For Lease
    $6,050 /Mo

    COMMERCIAL - Jeanerette, LA

    Property size:
    15,665 SF
    Lot size:
    8.20 Acres
    Added:
    May 13, 2024
    Days on Market:
    708
    Last Refresh:
    Apr 20 at 6:06 am

    Property Features for 12617 E Hwy 90

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    COMM
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking features
    Off Street, Parking Lot
    Exterior features
    Loading Dock/Grade, OH Door 10 - 15 Ft, OH Door < 10 Ft, Pole Sign, Stabilized Yard Base
    Standard status
    Active
    APN
    0300462000
    Size
    15,665 SF
    Lot size
    8.20 Acres

    Taxes and HOA fees

    Tax Description
    Lots 6-A; 6-B; & 6-C of plat measuring approx. 8.2 acres; Section 66, Township 13 S

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central
    Cooling system
    Wall Unit(s), Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Beau Thomas

    Listing agent Beau Thomas License #0995694669

    Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA

    Listing date May 13, 2024

    MLS# 24004619

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial/Retail Space For Lease

    This industrial, retail, and commercial space is available for lease at $6,050.00 per month, which covers rent and property taxes. The lease is a triple net lease, with the tenant responsible for building insurance and maintenance. Situated on 8.2 acres, the property features 15,760 square feet of industrial metal buildings, with approximately 12,400 square feet designated as warehouse space. The layout includes two offices, three restrooms, and four overhead doors. Two of the overhead doors measure 14 feet wide by 14 feet high, one measures 12 feet wide by 14 feet high, and the fourth measures 18 feet wide by 7 feet high. Additionally, there is a bonus area featuring an approximately 700 square foot apartment upstairs in the first building. The property is located in flood zone 'X' and offers a yard area and easy access on and off Hwy 90 E Frontage Rd. Available June 1, 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Auto Repair Shop Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • N&A Rentals - Jeanerette Storage Units — 1215 Canal St, Jeanerette, LA 70544

    Location Insight

    • Map
    • Local Demand
    City
    Jeanerette
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.676049
    Latitude
    29.888255

    FAQs

    What type of property is this?
    Warehouse - Industrial/Retail/Commercial space for lease on 8.2 acres.
    Where is this warehouse located?
    The property is located at 12617 E Hwy 90 Jeanerette, LA.
    What is the lease rate?
    The lease rate is $6,050 /Mo.
    What are key features of this property?
    This property features: Approx. 12,400 sq. ft. of large warehouse space; 8.2 acre property with stabilized yard base and easy highway access (Hwy 90 E Frontage Rd); Features four overhead doors of varying sizes (two 14'w x 14'h, one 12'w x 14'h, one 18'w x 7'h)
    (337) 230-8260
    We can help!
    Listing Contact
    Beau Thomas
    Real Estate License ID: 0995694669
    Learn More
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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.

    More about this property
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