Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Opelousas Commercial Building For Lease Title is generated by Realmo AI

    1004 Creswell Lane, Opelousas, LA 70570

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Opelousas, LA

    Property size:
    1,665 SF
    Lot size:
    0.15 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    65
    Last Refresh:
    May 14 at 4:06 pm

    Property Features for 1004 Creswell Lane

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking
    6
    Parking features
    Parking Lot
    Security features
    Security System
    Exterior features
    Roof Sign
    Standard status
    Active
    APN
    0102399700
    Size
    1,665 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Description
    1 Lot (38.93X166.9) (.149 AC) N Creswell Road S Mary Ann Ave E Davy & Veltin W Dupre fronting 38.93' on Creswell Road

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet - Full
    Roof type
    Built-Up

    We can help!

    Listing Contact
    Raymond A Aguillard

    Listing agent Raymond A Aguillard License #59516

    Listing office DCG/Aguillard Realty 101 N 7th Street, Eunice, LA

    Listing date Mar 11, 2026

    MLS# 2600001938

    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.

    HighLights

    • High traffic location near I‑49.
    • Ideal for retail space or professional offices.
    • Open floor space with two private offices.
    • Parking in front and rear.
    • Common break/coffee area with restroom.
    • Roof sign.

    Overview

    This commercial building, situated in a high-traffic area near I-49 in Opelousas, Louisiana, is available for lease. The property, zoned for commercial use, offers 1,665 square feet of space on a 0.15-acre lot. It is suitable for retail or professional offices. The layout features an open floor space, complemented by two private offices, a common break/coffee area, and a restroom. Parking is available in both the front and rear of the building. A minimum one-year lease is required, and the tenant is responsible for covering utility costs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.074182
    Latitude
    30.518924

    Nearby Similar for Lease

    • Contact for pricing

      Opelousas Warehouse For Rent

      Secure commercial warehouse space available for rent in Opelousas.
      8599 Highway 182, Opelousas, LA 70570
      View Details
    • Contact for pricing

      Industrial Building on Two Acres

      4800SF industrial building with I-49 frontage on 2 acres.
      3383 I 49 S Service Road, Opelousas, LA 70570
      View Details
    • Contact for pricing

      Opelousas Office Space For Rent

      Large office space in high-traffic, highly visible location.
      816 Creswell Lane, Opelousas, LA 70570
      View Details
    • $9,000/Mo

      Medical/Professional Office Building For Lease

      Two-story building ideal for medical or professional office use.
      4049 I 49 S Service Rd, Opelousas, LA, 70570-0757
      View Details
    • Contact for pricing

      Opelousas Office Space For Lease

      Move-in ready office space in the heart of Opelousas.
      414 S Main Street, Opelousas, LA 70570
      View Details
    • Contact for pricing

      Retail Space in Opelousas

      7,200 SF retail space available for rent.
      2418 South Union St, Opelousas, LA
      View Details
    • $197,500 SF/Yr

      Opelousas Office Space For Rent

      Spacious office in Opelousas Opportunity Zone with modern amenities.
      223 S Main Street, Opelousas, LA 70570
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial building in high-traffic area, ideal for retail or offices.
    Where is this retail space located?
    The property is located at 1004 Creswell Lane Opelousas, LA.
    What are key features of this property?
    This property features: High traffic location near I‑49.; Ideal for retail space or professional offices.; **Open floor space with two private offices.**
    (337) 580-3705
    We can help!
    Listing Contact
    Raymond A Aguillard
    Real Estate License ID: 59516
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1004 Creswell Lane, Opelousas, LA 70570
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!