Flex Space With Roll-Up
For Sale
$169,000
19795 Us 90, Crowley, LA 70526
COMMERCIAL - Crowley, LA
Property Size1,400 SF
Lot Size1.49 Acres
Price / SF$120.71
Days on Market508
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
roll-up doors
covered service area
carport
cupola
aggregate site surfacing
mechanical sewer system
50 AMP RV 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 4
Last Checked: Aug 8 at 11:06PM
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 includes a 28-by-50-foot enclosed building with a separate 28-by-10-foot front office. The office has heating and air conditioning through a mini-split system, while the shop area features concrete flooring, two 10-by-10-foot overhead doors, 14-foot wall height, metal roofing, and scissor trusses. A bathroom, septic system, public water, and 50 AMP RV camper connection are also included.
Outdoor improvements expand the functional footprint. The property contains a covered 28-by-16-foot patio, a 24-by-24-foot prefabricated aluminum carport, and an aggregate-surfaced yard suitable for equipment and vehicle use. The 1.49-acre site is positioned along US 90 west of Crowley, with direct highway frontage and access. The property is unzoned and includes a pole sign.
Outdoor improvements expand the functional footprint. The property contains a covered 28-by-16-foot patio, a 24-by-24-foot prefabricated aluminum carport, and an aggregate-surfaced yard suitable for equipment and vehicle use. The 1.49-acre site is positioned along US 90 west of Crowley, with direct highway frontage and access. The property is unzoned and includes a pole sign.
Key Highlights
- 1,400‑square‑foot enclosed flex building on a 1.49‑acre site
- 28‑by‑10‑foot heated and cooled front office with mini‑split system
- Two 10‑by‑10‑foot overhead roll‑up doors and 14‑foot wall height
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
4.75%
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
Retail
$242.6K
$212.2K – $283.0K
NOI $16,979 @ 7.0% cap · market cap 10.05%
Second Best
Office B
$232.7K
$203.7K – $271.5K
NOI $16,292 @ 7.0% cap · market cap 9.64%
Theoretical Best
Office A
$331.0K
$289.6K – $386.2K
NOI $23,171 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
16
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 - Enclosed office and shop space with covered work areas, vehicle storage, and a stabilized yard on US 90.
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 $169,000.
What are key features of this property?
This property features: 1,400‑square‑foot enclosed flex building on a 1.49‑acre site; 28‑by‑10‑foot heated and cooled front office with mini‑split system; Two 10‑by‑10‑foot overhead roll‑up doors and 14‑foot wall height
