Flex Space with Covered Work
For Sale
$159,500
19795 Us 90, Crowley, LA 70526
Commercial Sale, Crowley, LA
Property Size1,400 SF
Lot Size1.49 Acres
Price / SF$113.93
Days on Market557
Property Features for 19795 Us 90
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Unzoned
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
20
Exterior features
OH Door 10 - 15 Ft, Pole Sign, Stabilized Yard Base
Lot features
Level
Directions
Take Exit 80 for LA-13 S/N. Take the LA-13 S ramp. Turn left onto LA-13 S/N Parkerson Ave. Turn right onto W Northern Ave. Turn left onto N Western Ave. Turn right onto US-90 W/W 2nd St. Head straight for 1.2 miles and property is on right.
Subdivision
A1
Standard status
Active
APN
0600028900
Size
1,400 SF
Lot size
1.49 Acres
Taxes and HOA fees
Tax Description
1.49AC'TRACTA'SEC37T10-1E(COMMLOT)(COMMIMP)(E2/1549)
Legal Description
1.49AC'TRACTA'SEC37T10-1E(COMMLOT)(COMMIMP)(E2/1549)
Utilities
Sewer type
Septic Tank
Water source
Public
Amenities
A/C & heating
roll-up doors
cupola
covered service area
carport
bathroom
50 AMP RV Camper Plug
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Platinum Realty
(337) 783-1000
Listed By:
Michael Doughty · License #0995694508
(337) 250-3427
Added: Mar 19, 2025
Changed: Aug 29
Last Checked: Sep 26 at 11:06AM
MLS# 2020021798
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 1,400-square-foot flex property combines an enclosed shop with office space on a 1.49-acre commercial site. The building measures 28' x 50' and includes a 28' x 10' front office with heating and cooling through a mini-split system. Construction includes wood framing, steel cladding, a metal roof, 14-foot wall height, scissor trusses, and a 3' x 3' cupola. Two 10' x 10' overhead doors serve equipment access, while the covered 28' x 16' patio provides additional sheltered workspace or storage.
A 24' x 24' prefabricated aluminum carport, stabilized aggregate surfacing, concrete flooring, bathroom, public water, septic service, and a 50 AMP RV camper plug are included. The unzoned property fronts US HWY 90 just west of Crowley, Louisiana, with direct highway access and exposure. Its current construction-site configuration also includes a pole sign and durable exterior improvements suited to active commercial use.
A 24' x 24' prefabricated aluminum carport, stabilized aggregate surfacing, concrete flooring, bathroom, public water, septic service, and a 50 AMP RV camper plug are included. The unzoned property fronts US HWY 90 just west of Crowley, Louisiana, with direct highway access and exposure. Its current construction-site configuration also includes a pole sign and durable exterior improvements suited to active commercial use.
Key Highlights
- 1,400 SF flex building on 1.49 acres
- 28' x 50' enclosed building with 28' x 10' front office
- Two 10' x 10' overhead roll‑up doors
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
$8,021
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
5.03%
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%
$160,420
$160.4K
Cap Rate 7%
$114,586
$114.6K
Cap Rate 9%
$89,122
$89.1K
Market Conditions
NOI Build-Up for 1,400 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
$9.9K $7.08/SF
− Vacancy
−$476 −$0.34/SF
EGI
$9.4K $6.74/SF
− OpEx
−$1.4K −$1.01/SF
NOI
$8.0K $5.73/SF
Area
Acadia County, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
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%
$160,420
Cap Rate 7%
$114,586
Cap Rate 9%
$89,122
Alternative Uses
Best Use
Office B
$232.7K
$203.7K – $271.5K
NOI $16,292 @ 7.0% cap · market cap 10.21%
Second Best
Warehouse
$114.6K
$100.3K – $133.7K
NOI $8,021 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$331.0K
$289.6K – $386.2K
NOI $23,171 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70526, LA
17,333
Population
8,500
Households
2
Avg Household Size
40
Median Age
18%
College-Educated
77%
High-School Grad
126.0 sq mi
ZIP Area
138
Density / Sq Mi
$37,689
Median Household Income
$30,184
Median Earnings
$603
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office, shop, and exterior covered work areas support a range of commercial operations.
Where is this flex space located?
The property is located at 19795 Us 90 Crowley, LA.
What is the asking price?
The asking price for this property is $159,500.
What are key features of this property?
This property features: 1,400 SF flex building on 1.49 acres; 28' x 50' enclosed building with 28' x 10' front office; Two 10' x 10' overhead roll‑up doors
