Zoned Residential Income
For Sale
$850,000
2501 W Willow Street, Scott, LA 70583
COMMERCIAL - Scott, LA
Property Size6,287 SF
Lot Size50.00 Acres
Price / SF$135.20
Days on Market268
Property Features for 2501 W Willow Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
T-4
Lot features
Level, Curb Cuts, Drive
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
From the intersection of Ambassador Caffery and Willow, head West on Willow. Once Willow makes a left hand turn the subject property will be on your left.
Subdivision
C
Standard status
Active
APN
6061590
Lot size
50.00 Acres
Taxes and HOA fees
Tax Description
See attached surveys
Legal Description
See attached surveys
Utilities
Utilities
Water Available
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Brennan Billeaud · License #0000069755
(337) 654-2591
Added: Dec 1, 2025
Changed: Aug 4
Last Checked: Aug 26 at 10:06AM
MLS# 2500006017
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.
Investment Insights
Based on property information with market context.
This for-sale residential income tract in Scott, Louisiana consists of approximately 50 acres (55 acres stated in the remarks) and includes four rental houses. The property is zoned T-4 and serviced by city sewer and water. One unit at 2501 W. Willow Street offers 1,173 SF with 2 bedrooms and 1 bathroom and is currently generating $1,000 per month. Another at 2515 W. Willow Street provides 1,465 SF with 2 bedrooms and 2 bathrooms and is currently generating $300 per month, leased to a family member. A third at 2517 W. Willow Street is 2,134 SF with 3 bedrooms and 2 bathrooms and is currently vacant. The fourth at 2519 W. Willow Street includes 1,515 SF with 3 bedrooms and 2 bathrooms and is currently generating $1,200 per month.
The tract has ample frontage on W. Willow Street and is described as being conveniently located between Scott and Lafayette, with proximity to I-10. The property is located in flood zone AE and floodway.
The tract has ample frontage on W. Willow Street and is described as being conveniently located between Scott and Lafayette, with proximity to I-10. The property is located in flood zone AE and floodway.
Key Highlights
- 55 acres of land in Scott, LA.
- Convenient location on W. Willow Street near I‑10, between Scott and Lafayette.
- Zoned T‑4 with city sewer and water.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,268
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$825,360
$825.4K
Cap Rate 7%
$589,543
$589.5K
Cap Rate 9%
$458,533
$458.5K
Market Conditions
NOI Build-Up for 6,287 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.5K $13.44/SF
− Vacancy
−$9.5K −$1.51/SF
EGI
$75.0K $11.93/SF
− OpEx
−$33.8K −$5.37/SF
NOI
$41.3K $6.56/SF
Area
Lafayette County, LA
Vacancy
11.20%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$825,360
Cap Rate 7%
$589,543
Cap Rate 9%
$458,533
Alternative Uses
Best Use
Apartment 5plus
$589.5K
$515.9K – $687.8K
NOI $41,268 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,052 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - A 55-acre Scott, Louisiana tract includes four rental houses along W. Willow Street with city sewer and water.
Where is this single family property located?
The property is located at 2501 W Willow Street Scott, LA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 55 acres of land in Scott, LA.; Convenient location on W. Willow Street near I‑10, between Scott and Lafayette.; Zoned T‑4 with city sewer and water.
