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

    2924 Linwood Loop Opelousas, LA 70570

    Sponsored
    For Sale
    $695,000

    Traditional, Farm,Single Family Residence - Opelousas, LA

    Type:Farm
    Property size:
    3,300 SF
    Lot size:
    10.80 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 11 at 4:06 am

    Property Features for 2924 Linwood Loop

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    Parking features
    Carport, Open
    Interior features
    Generator, 9+ Ft Ceiling, Attic Access, Beamed Ceilings, Bookcases, Built-ins, Cathedral Ceiling, Crown Molding, Double Vanity, Dual Closets, Electric Dryer Con, Electric Stove Con, Electric Washer Con, Guest Suite, Kitchen Island, Primary Bath, Varied Ceiling Heights, Walk-in Pantry, Walk-in Closet(s), Window Treatments
    Exterior features
    Double Gate Access, Outside Kitchen, Outside Light, Barn(s), Kennel/Dog Run, Outdoor Kitchen, Stable(s), Workshop
    Fencing
    Gate
    Fireplace
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer
    Size
    3,300 SF
    Lot size
    10.80 Acres

    Utilities

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

    Building Details

    Year built
    1973
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    New Traditional
    Additional Structures
    Barn(s), Kennel/Dog Run, Outdoor Kitchen, Stable(s), Workshop

    We can help!

    Listing Contact
    Lana Soileau
    Lana Soileau

    Real Broker, LLC (337) 418-9700

    Listing agent Lana Soileau (337) 418-9700

    Listing date Feb 10, 2026

    MLS# 2600000831 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

    Transformed Country Retreat on 10 Acres

    This meticulously maintained property is a transformed country retreat situated on approximately 10 acres, with additional acreage available. Located just off I-49 and surrounded by pastureland, the property offers privacy and versatility. The home features expansive lawns and outdoor spaces. Inside, a grand foyer leads to a living area with cathedral ceilings, exposed beams, and a two-sided fireplace connecting two living spaces. The open-concept design includes a chef-inspired kitchen with custom cabinetry, countertops, a large island, decorative vent hood, and stainless appliances. A keeping area and spacious utility room add functionality. A private office or guest suite includes an adjoining bath and oversized closet with vanity. Additional guest bedrooms are generously sized, including one with a built-in vanity, and the hall bath offers double vanities. The primary suite offers access to the covered back patio and backyard views, along with an ensuite bath. Outdoor amenities include a large covered patio with ceiling fans, a fenced yard, a workshop with a roll-up door, an attached outdoor kitchen/guest cottage, a barn, and fenced pastureland suitable for livestock or hobby farming. The property has 3300 square feet of living space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.06534
    Latitude
    30.500061

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    FAQs

    What type of property is this?
    Farm - Meticulously maintained home on 10 acres near I-49.
    Where is this farm located?
    The property is located at 2924 Linwood Loop Opelousas, LA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Approximately 10 acres of pastureland offering privacy and versatility, with additional acreage available.; - Chef-inspired kitchen with custom cabinetry, large island, and stainless appliances.; - Enjoy outdoor living with a large covered patio, fenced yard, workshop, outdoor kitchen/guest cottage, and barn.
    (337) 418-9700
    Request Owner's contact information
    2924 Linwood Loop Opelousas, LA 70570
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    Opelousas, LA 70570
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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
    2924 Linwood Loop Opelousas, LA 70570
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    We can help!
    Listing Contact
    Lana Soileau
    Lana Soileau
    Real Estate License ID: 995684974
    (337) 418-9700
    Learn more
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