Opelousas Commercial Property For
720 Mccarthy Lane Opelousas, LA 70570
720 Mccarthy Lane, Opelousas, LA, 70570
$230,000
For Sale
$230,000
COMMERCIAL - Opelousas, LA
Property Size3,106 SF
Lot Size2.83 Acres
Price / SF$74.05
Days on Market193
Property Features for 720 Mccarthy Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mix Use
- Standard status
- Active
- APN
- 0100462550
- Size
- 3,106 SF
- Lot size
- 2.83 Acres
Taxes and HOA fees
- Tax Description
- 1 LOT (1.56 AC) PART TRACT 3 OF BROWN PLAT N TRACT 2 S MCCARTHY LANE E CUMMINGS ST W TRACT 4 & CITY OF OPELOUSAS FRONTING 250.64' ON CUMMINGS ST IN SEC 94 T-6S R-4E (LOT 4 BLK 20 CUMMINGS ST - FOR OFFICE USE ONLY) 1 LOT 1.271 AC TRACT 4 OF BROWN PLA
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency
Real Broker, LLC
(337) 418-9700
516 Creswell Lane, Opelousas, LA
Listed by
Valarie Robin · License #995717946
(254) 220-1187
Added: Jan 9 Updated: May 14 at 11:40 am Checked: Jul 20 at 11:06 pm
MLS# 2500006982
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 commercial property features an approximately 2,000 sq ft building situated on 2.80 acres. The property, located in Opelousas, LA, offers ample land for expansion, parking, or future development. The property is zoned for mixed use and is suitable for a variety of commercial uses. The lot size is 2.83 acres. The property size is 3106 Square Feet.
Key Highlights
- 2.80 acres of land offers significant space.
- Approximately 2,000 sq ft building provides a substantial existing structure.
- Ideal for a variety of commercial uses.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.4k | $11.40 |
| − Vacancy | −$3.9k | −$1.25 |
| EGI | $31.5k | $10.15 |
| − OpEx | −$11.8k | −$3.80 |
| NOI | $19.7k | $6.34 |
3,106 SF · lease $11.40/SF/yr · vacancy 11.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$281.4K
$246.2K – $328.3K
NOI $19,696 @ 7.0% cap · market cap 8.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$468.6K
$410.0K – $546.7K
NOI $32,799 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Commercial property on 2.8 acres with expansion potential.
Where is this mixed-use property located?
The property is located at 720 Mccarthy Lane Opelousas, LA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2.80 acres of land offers significant space.; Approximately 2,000 sq ft building provides a substantial existing structure.; Ideal for a variety of commercial uses.
