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Property profile & analytics
FOR SALE
Strip malls

1200 Heather Dr Opelousas, LA 70570

4,500 SF
Property ID
US36-Q000956
Property summary
AI-generated overview

Small strip center in excellent location available for purchase and/or lease. Located at the corner of Heather Dr. and Jake Dr. this property is adjacent to St. Landry Cinema, the only theater in Opelousas, and across the street from St. Landry Plaza, a 200,000 sq ft shopping center featuring Hobby Lobby, Ollie’s, Brown’s Furniture, Cash Saver Grocery, Pets Sense, and more! 1200 Heather Dr. is a brick façade building with a freshly coated roof as of June 2024 and offers three bays totaling 4,500 sq ft of gross lease space. Suite 1206, a recently renovated 2,000 sq ft space is currently occupied by Nikki Nails. Suite 1202 is a 1,500 sq ft space that has been used as a boutique and barber shop and Suite 1200 is a 1,000 sq ft end-cap space that has been recently leased for counseling services. Zoning-C-2 Large Scale Commercial District allows for a wide range of permitted business uses.

Property profile
Verified
Property type Strip malls
Total area 4,500 SF
UPID US36-Q000956
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Warren P. Menard, LMT Physician
  • Doll House Shoetique LLC Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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