Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Hotels
Sweetland Ave Youngsville, LA 70592
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US36-0918811
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
2009
Total area
33,978 SF
Lot
1.21 ac (52,490 SF)
APN
6131943
UPID
US36-0918811
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
$3.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
104 Sweetland LLC · 4 yrs held
104 Sweetland LLC
since 2021
Last sale
$3.7M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+158.7%
Warehouse, storage
$2.9M
+130.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Youngsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,580,000
ML approach
$3,625,000
CAP Approach
CAP Return
Estimation
6%
$3,460,000
6.5%
$3,195,000
7%
$2,965,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,295,000
Change: +159% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,940,000
Change: +131% · Conversion: Difficult
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±10% · vs last sale $3.69M (Nov 16 2021)
Last sale anchor
$3.69M
Nov 16 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,894
Tax year 2023
Assessed value
$450,027
Assessed 2023
Previous assessed
$450,027
+0.0% YoY
Effective rate
8.64%
On assessed value
Assessed land
$36,742
Assessed improvement
$413,285
Land market value
$367,420
Improvement market value
$2,755,230
Total market value
$3,122,650
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Year built
2009
Heating
NONE
Total area
33,978 SF
Lot
1.21 ac (52,490 SF)
APN
6131943
UPID
US36-0918811
Jurisdiction
LAFAYETTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$2.9M
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
104 Sweetland LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1628 JOHN F KENNEDY BLVD STE #2300, PHILADELPHIA, PA 19103-2128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$3,690,000
104 Sweetland LLC
Hemant H Patel
Cash Sale Deed
—
Apr 5, 2007
$226,011
Divi LLC
Billaud Investments LLC
Cash Sale Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Sweetland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
