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    Property profile & analytics

    240 Arceneaux Rd Carencro, LA 70520-6220

    • Office Properties & Spaces
    • 7.00 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US36-1105922
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Evangeline Oaks Guest House / Nursing Home

    Property Details for 240 Arceneaux Rd

    Year built
    1982
    Lot size
    7.00 lot acres
    Property type
    Office Properties & Spaces
    APN
    6021497
    APU
    6021497

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $615,000
      6.5%
      $530,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $670,000
      Mixed-Use
      $605,000
      Hospitality
      $545,000
      Educational
      $665,000
      Residential Income
      $640,000
      Energy
      $495,000
      Income-Based Land
      $490,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0396
    Latitude
    30.3105
    CBSA code
    29180
    CBSA name
    LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $57,247
    $14,000
    $614,538
    $628,538
    -
    $140,000
    $4,096,920
    $4,236,920

    Comparable in this City

    • Value Estimation
      $220,000
      1,248 SF

      Hugh Wallis Rd

      OFFICE (GENERAL) • 1,248 SF
      Hugh Wallis Rd, Carencro, LA 70520
      View Details
    • Value Estimation
      $315,000
      1,695 SF

      4027 Evangeline Trwy

      OFFICE (GENERAL) • 1,695 SF
      4027 Evangeline Trwy, Carencro, LA 70520-5538
      View Details
    • Value Estimation by Request
      1.00 Acre

      Savoy Rd

      OFFICE (GENERAL) • 1.00 Acre
      Savoy Rd, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      3,355 SF

      3000 Milton Ave

      OFFICE (GENERAL) • 3,355 SF
      3000 Milton Ave, Carencro, LA 70520
      View Details
    • Value Estimation by Request
      0.45 Acres

      Beadle Rd

      OFFICE (GENERAL) • 0.45 Acres
      Beadle Rd, Carencro, LA 70520
      View Details
    • Value Estimation
      $380,000
      0.17 Acres

      College Rd

      OFFICE (GENERAL) • 0.17 Acres
      College Rd, Carencro, LA 70520
      View Details

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    Similar Nearby for Lease

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      Versatile commercial building suitable for restaurant, retail, or office.
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    • $22 SF/Yr
      1,200 SF

      Retail Center with Drive-Thru Option

      Proposed retail center with flexible suite sizes and drive-thru.
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      View Details
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    240 Arceneaux Rd
    Carencro, LA 70520-6220
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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