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    1059 Grain Elevator Road Arnaudville, LA 70512

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    For Lease
    $144,900

    COMMERCIAL - Arnaudville, LA

    Property size:
    4,000 SF
    Lot size:
    0.50 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 12 at 1:06 am

    Property Features for 1059 Grain Elevator Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    CH
    Parking features
    Covered, Off Street
    Exterior features
    Door Sign, OH Door 10 - 15 Ft
    Standard status
    Active
    APN
    02001a0949
    Size
    4,000 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Description
    TBD PER NEW SURVEY REFLECTING .5 ACRE..

    Utilities

    Water source
    Well

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Lauren Gardiner
    Lauren Gardiner

    Listing agent Lauren Gardiner License #995691049

    Listing office Parish Realty Acadiana 307 Jefferson Street, Lafayette, LA

    Listing date Apr 3, 2026

    MLS# 2600002809

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arnaudville Warehouse with Covered Overhang

    This property presents a warehouse opportunity in Arnaudville, Louisiana. The insulated warehouse provides 3,000 square feet of space, complemented by an additional 1,000 square feet of covered overhang, situated on a 0.5-acre lot. Suited for storage, distribution, or light industrial applications, the warehouse includes a mezzanine that offers potential for extra storage or office build-out. Two large roll-up doors facilitate loading and unloading. The yard space accommodates large truck access, outdoor storage, and future expansion. Located off Highway 93, less than one mile from downtown, the site is suitable for owner-users or investors seeking functional space in the growing Arnaudville market. The property is zoned CH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • M B Darby Warehouse — 1068 Grain Elevator Rd, Arnaudville, LA 70512
    • BAYOU STORE N LOCK — 1595 LA-93, Arnaudville, LA 70512

    Location Insight

    • Map
    • Local Demand
    City
    Arnaudville
    County
    St. Landry
    State
    Louisiana
    Longitude
    -91.933778
    Latitude
    30.391987

    FAQs

    What type of property is this?
    Warehouse - Versatile warehouse with covered overhang, ideal for storage or distribution.
    Where is this warehouse located?
    The property is located at 1059 Grain Elevator Road Arnaudville, LA.
    What is the lease rate?
    The lease rate is $144,900.
    What are key features of this property?
    This property features: 3000sf insulated warehouse with an additional 1000sf of covered overhang on .5 acre.; Two large roll‑up doors for easy loading/unloading.; Spacious mezzanine for extra storage or office build‑out.
    (337) 658-6508
    We can help!
    Listing Contact
    Lauren Gardiner
    Lauren Gardiner
    Real Estate License ID: 995691049
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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