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

    200 W Musique Rd Carencro, LA 70520

    Sponsored
    For Sale
    $815,000

    Acadian,Creole Cottage,Traditional - Farm,Single Family Residence

    Type:Farm
    Property size:
    2,591 SF
    Lot size:
    13.59 Acres
    Days on Market:
    100
    Last Refresh:
    Feb 7 at 6:06 am

    Property Features for 200 W Musique Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Spa
    1
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    Parking features
    Garage, RV
    Interior features
    Hot Tub, 9+ Ft Ceiling, Attic Access, Beamed Ceilings, Bookcases, Cathedral Ceiling, Crown Molding, Double Vanity, Dual Closets, Electric Stove Con, Wet Bar, Window Treatments
    Exterior features
    Hot Tub, Outdoor Shower, Barn(s), Guest House, Rv/Boat Storage
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Microwave, Refrigerator, Washer
    Size
    2,591 SF
    Lot size
    13.59 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Central, Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1860
    Floors in Building
    2
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Cottage
    Additional Structures
    Barn(s), Guest House

    We can help!

    Listing Contact
    Melissa White

    The Gleason Group (337) 262-7873

    Listing agent Melissa White (337) 262-7873

    Listing date Oct 31, 2025

    MLS# 2500004233 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Unique Estate with Income Potential

    This unique estate, spanning 13.59 acres, offers a blend of country living and convenience. The main residence is a 2,591 square foot Acadian-style home featuring 2 bedrooms and 2 full bathrooms, nestled among historic oak trees. It includes an attached 2-car garage and a second attached garage designed for a 40-foot motor coach, providing abundant storage or shop space. In addition to the main house, the property includes a 1,297 square foot second residence with 2 bedrooms, 2 baths, and covered parking for two cars, suitable for extended family or rental income. A large warehouse provides space for equipment, and a fenced yard with a mobile home is located behind the warehouse. An antique two-story Creole cottage with mud and moss interior walls features 1 bedroom and 1 bath, presenting an opportunity for a guest house or VRBO rental. The property has been income producing for many years. Located just off I-49, the estate provides access to shopping, restaurants, and major local businesses like Amazon, Walmart, and FedEx.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.017362
    Latitude
    30.324281

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    FAQs

    What type of property is this?
    Farm - Private estate with multiple residences and income-producing potential.
    Where is this farm located?
    The property is located at 200 W Musique Rd Carencro, LA.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: - 13.59-acre private estate with multiple residences offering income-producing potential or multi-generational living.; - Main residence: **2,591 sq ft Acadian-style home** with 2 bedrooms, 2 bathrooms, and attached garages.; - Second residence: 1,297 sq ft with 2 bedrooms, 2 bathrooms, and covered parking.
    (337) 262-7873
    Request Owner's contact information
    200 W Musique Rd Carencro, LA 70520
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    Carencro, LA 70520
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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
    200 W Musique Rd Carencro, LA 70520
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    We can help!
    Listing Contact
    Melissa White
    (337) 262-7873
    Learn more
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