Former Medical Office
For Sale
Contact for pricing
528 E Vine St, Opelousas, LA 70570
Former medical office space with convenient access and parking along a busy commuter and retail thoroughfare.
Property Size7,010 SF
Price / SF$110
Days on Market95
Property Features for 528 E Vine St
General Information
Standard status
Active
Size
7,010 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Property One Inc New Orleans
(985) 801-9028
Listed By:
Hayden Ingram · License #995706888
(985) 801-9028
Source:
Moodyscre
Added: Apr 27
Changed: Jul 29
Last Checked: Jul 30 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property One Inc New Orleans
Investment Insights
Based on property information with market context.
This former medical office building is available for lease and sale, offering approximately 7,000 square feet of space previously used for medical office operations. The layout and configuration make it well-suited not only for medical use, but also for professional office users seeking a well-positioned location.
The property is located along HWY 190 in Opelousas, with easy access from a thoroughfare that serves retail traffic and commuters off of I49. On-site parking supports day-to-day client and employee access.
If you’re looking for a ready-to-transition office building in the Opelousas market, this property’s existing medical office use and substantial floor area provide a practical starting point for a range of professional office scenarios.
The property is located along HWY 190 in Opelousas, with easy access from a thoroughfare that serves retail traffic and commuters off of I49. On-site parking supports day-to-day client and employee access.
If you’re looking for a ready-to-transition office building in the Opelousas market, this property’s existing medical office use and substantial floor area provide a practical starting point for a range of professional office scenarios.
Key Highlights
- Former medical office for lease along Hwy 190 in Opelousas
- Approximately 7,000 SF office space
- Located on a thoroughfare with retail traffic and commuters off I‑49
Financial Insights For Healthcare Medical
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 | $122.0k | $17.40 |
| − Vacancy | −$12.8k | −$1.83 |
| EGI | $109.2k | $15.57 |
| − OpEx | −$43.7k | −$6.23 |
| NOI | $65.5k | $9.34 |
7,010 SF · lease $17.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$935.7K
$818.8K – $1.09M
NOI $65,500 @ 7.0% cap · market cap 8.49%
Second Best
Office B
$766.1K
$670.3K – $893.8K
NOI $53,627 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.06M
$925.3K – $1.23M
NOI $74,026 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
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?
Medical Office Space - Former medical office space with convenient access and parking along a busy commuter and retail thoroughfare.
Where is this medical office space located?
The property is located at 528 E Vine St Opelousas, LA.
What is the asking price?
The asking price for this property is $771,100.
What are key features of this property?
This property features: Former medical office for lease along Hwy 190 in Opelousas; Approximately 7,000 SF office space; Located on a thoroughfare with retail traffic and commuters off I‑49
