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    Versatile Commercial Property in Eunice Title is generated by Realmo AI

    200 S 7th Street, Eunice, LA 70535

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    For Lease
    $265,000 SF/Yr $103,504,583/Mo (calc)

    COMMERCIAL - Eunice, LA

    Property size:
    4,687 SF
    Added:
    Feb 25, 2026
    Days on Market:
    82
    Last Refresh:
    May 18 at 11:06 am

    Property Features for 200 S 7th Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    B-2
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking
    12
    Parking features
    Off Street
    Standard status
    Active
    APN
    0602167000
    Size
    4,687 SF

    Taxes and HOA fees

    Tax Description
    1 LOT PART 11 & 12 BLK 18 ORIGINAL TOWN BEGINNING AT NW CORNER OF LOT 12 S ALONG 7TH 107.9' THENCE E 32' N 16' THEN E 56' TO ALLEY THEN N 91.9' TO WALNUT THEN W 88' TO POINT OF BEGINNING FRONTING 88' ON WALNUT AVE 690838

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Tile, Wood
    Building materials
    Stucco
    Roof type
    Metal

    We can help!

    Listing Contact
    Margeaux S Tujague
    Margeaux S Tujague

    Listing agent Margeaux S Tujague License #0995684000

    Listing office Dwight Andrus Real Estate Agency, LLC 1003 S Hugh Wallis Rd, Unit G, Lafayette, LA

    Listing date Feb 25, 2026

    MLS# 2600001403

    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

    • Two business spaces in one property.
    • Instant revenue from a long‑standing dance studio tenant.
    • Vacant adjoining suite is freshly painted and ready.
    • Well‑suited for a medical spa, doctor's office, or professional business.
    • Convenient location near downtown Eunice.
    • Metal roof.

    Overview

    This commercial property offers two business spaces in Eunice, Louisiana. One suite is currently occupied by a dance studio, providing immediate rental income. The adjacent suite, previously a doctor's office, is vacant and freshly painted. The property is suitable for various businesses, including a medical spa, doctor's office, or other professional services. Located near downtown Eunice, it presents an opportunity for investors or owner-operators to combine rental income with business operations. The property has a size of 4,687 square feet and is zoned B-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pavich Russell MD Pediatrician Evangeline Home Health Employment Agency La Hospice & Palliative ... Home Health Care Service

    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
    Eunice
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.421992
    Latitude
    30.493678

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    FAQs

    What type of property is this?
    Medical Office Space - Two business spaces, one with instant revenue potential.
    Where is this medical office space located?
    The property is located at 200 S 7th Street Eunice, LA.
    What is the lease rate?
    The lease rate is $265,000.
    What are key features of this property?
    This property features: Two business spaces in one property.; Instant revenue from a long‑standing dance studio tenant.; Vacant adjoining suite is freshly painted and ready.
    (337) 831-4293
    We can help!
    Listing Contact
    Margeaux S Tujague
    Margeaux S Tujague
    Real Estate License ID: 0995684000
    Learn More
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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.

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