Mixed-Use Property with
For Sale
$4,990,000
8509 Egan Highway, Crowley, LA 70526
Commercial Sale, Crowley, LA
Property Size18,430 SF
Lot Size3.61 Acres
Price / SF$270.75
Days on Market174
Property Features for 8509 Egan Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Underground/Basement, Covered
Lot features
Level
Directions
I-10 to Crowley Eunice Exit, Exit North to Service Rd.Pass Waffle House then continue over RR Tracks, Property on right( North side of I-10)
Subdivision
A1
Standard status
Active
APN
0200181860
Size
18,430 SF
Lot size
3.61 Acres
Additional Details
Property Use
Office
Condition
Newly Renovated
Taxes and HOA fees
Tax Description
3.06 AC SEC 44 T9-1E (3 COMM LOTS) (LOT) (IMP) (MH7/1800) (COMM IMP) (E+/4758) ACQ: ROLAND ROJAS #562482 U48-923; #493766 A41-399 ACADIA PART #15NOTE: GEONET & VERIZON WIRELESS HAS A TOWER ON THIS PROPERTY. (8537 EGAN HWY)
Tax Annual Amount
2963
Legal Description
3.06 AC SEC 44 T9-1E (3 COMM LOTS) (LOT) (IMP) (MH7/1800) (COMM IMP) (E+/4758) ACQ: ROLAND ROJAS #562482 U48-923; #493766 A41-399 ACADIA PART #15NOTE: GEONET & VERIZON WIRELESS HAS A TOWER ON THIS PROPERTY. (8537 EGAN HWY)
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Building materials
Metal Siding
Roof type
Metal
Buildings
1
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Christopher Chiasson · License #995718543
(337) 458-1706
Added: May 5
Changed: Oct 23
Last Checked: Oct 25 at 11:06AM
MLS# 2600003979
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 18,430-square-foot mixed-use property spans 3.61 acres along I-10 in Crowley, between Exits 80 and 76. Its improvements include a renovated office with a lobby, five private offices, a restroom, and storage that includes an upstairs area. The warehouse has a separate office and bathroom, and an attached apartment offers three bedrooms and two bathrooms. The buildings share a continuous roofline, with a covered overhang for equipment, storage, or work space. Most of the acreage is fenced and gated, and the property is in Flood Zone X.
Approximately 580 feet of frontage faces I-10, where the listing reports estimated traffic of 65,000 vehicles per day. The property is zoned Commercial and has metal siding, a metal roof, central heating, and central air conditioning.
Approximately 580 feet of frontage faces I-10, where the listing reports estimated traffic of 65,000 vehicles per day. The property is zoned Commercial and has metal siding, a metal roof, central heating, and central air conditioning.
Key Highlights
- 3.61‑acre site with 18,430 square feet of improvements
- Approximately 580 feet of I‑10 frontage between Exits 80 and 76
- Estimated exposure to 65,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$214,470
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,289,400
$4.3M
Cap Rate 7%
$3,063,857
$3.1M
Cap Rate 9%
$2,383,000
$2.4M
Market Conditions
NOI Build-Up for 18,430 SF
Gross rent
$331.7K $18.00/SF
− Vacancy
−$45.8K −$2.48/SF
EGI
$286.0K $15.52/SF
− OpEx
−$71.5K −$3.88/SF
NOI
$214.5K $11.64/SF
Area
Acadia County, LA
Vacancy
13.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,289,400
Cap Rate 7%
$3,063,857
Cap Rate 9%
$2,383,000
Alternative Uses
Best Use
Office B
$3.06M
$2.68M – $3.57M
NOI $214,470 @ 7.0% cap · market cap 4.30%
Second Best
Mixed Use
$3.04M
$2.66M – $3.55M
NOI $212,867 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$4.36M
$3.81M – $5.08M
NOI $305,024 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site combines office, warehouse, and apartment space, with gated access across most of the acreage.
Where is this mixed-use property located?
The property is located at 8509 Egan Highway Crowley, LA.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: 3.61‑acre site with 18,430 square feet of improvements; Approximately 580 feet of I‑10 frontage between Exits 80 and 76; Estimated exposure to 65,000 vehicles per day
