Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11840 Ln Hwy 308 Larose, LA 70373

    View on Map
    Sponsored
    For Sale
    $275,000

    Commercial Sale, Other - Larose, LA

    Property size:
    5,629 SF
    Lot size:
    0.64 Acres
    Days on Market:
    52
    Last Refresh:
    Mar 28 at 5:06 am

    Property Features for 11840 Ln Hwy 308

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,629 SF
    Lot size
    0.64 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rhonda Comeaux
    Rhonda Comeaux

    NextHome, Inc

    Listing agent Rhonda Comeaux License #48787,PersonLicenseNumber

    Listing date Feb 4, 2026

    MLS# 2025008237 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Larose Warehouse and Office Building

    This commercial property, featuring a combination of warehouse and office space, presents a business opportunity with high visibility and convenient access. Situated just north of the Intracoastal overpass bridge, the property includes a reception area, media room, full bathroom in the office area, and a full bathroom in the warehouse. The office space also offers a conference room, three upstairs offices, a full kitchen equipped with a stove and refrigerator, and a laundry area with a washer and dryer. Additionally, there is a storage area and a 2470-square-foot warehouse. The property is located in Larose, LA, and the building size is 5629 square feet on a 0.64-acre lot. The property is ideally located with great visibility and easy access. A vacant lot to the north is also for sale, potentially allowing for a larger frontage and area. Note: For sale to the rear of this property is a beautiful home, ideal for a business owner to be steps from the office.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Similar Places Nearby

    Larose Mini Storage

    Map

    City
    Larose
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.39180756
    Latitude
    29.57706261

    Nearby Similar for Sale

    • $419,000
      3,179 SF

      Turnkey Restaurant Opportunity in Lockport

      Fully renovated restaurant with established brand, ready for new owner.
      8320 Highway 308, Lockport, LA 70374
      View Details
    • $380,000
      4,065 SF

      Larose Restaurant with Highway Frontage

      Turn-key buffet restaurant with seating for 120+ in Larose.
      13960 W Main St, Larose, LA 70373
      View Details
    • $298,000
      2,860 SF

      Turnkey Car Wash on Highway 308

      Income-producing car wash with expansion potential on Highway 308.
      105 Myrtle Dr, Lockport, LA 70374
      View Details
    • Contact for pricing
      3,179 SF

      Turnkey Restaurant Opportunity in Lockport

      Fully renovated restaurant with established brand, ready for new owner.
      8320 Highway 308, Lockport, LA 70374
      View Details
    • $1,550,000
      15,308 SF

      Larose Office Building For Sale

      Remodeled office building in the heart of the energy corridor.
      13083 Highway 308, Larose, LA 70373
      View Details
    • $270,000
      4,000 SF

      Versatile Commercial Property on Bayou

      Renovated 4,000 sqft commercial property with retail and warehouse space.
      7486 Ln Hwy 308, Lockport, LA 70374
      View Details
    • $132,500
      700 SF

      Lockport Commercial Opportunity For Sale

      Commercial property in prime Lockport location with endless business opportunities.
      914 Crescent Ave, Lockport, LA 70374
      View Details
    • $450,000
      407,936 SF

      Lockport Multifamily Investment Opportunity

      Eight-unit multifamily property in Lockport, currently rented and producing cashflow.
      399 N Carol St, Lockport, LA 70374
      View Details
    • Contact for pricing
      15,308 SF

      Larose Office Building For Sale

      Remodeled office building in the heart of the energy corridor.
      13083 Highway 308, Larose, LA 70373
      View Details
    • Contact for pricing
      8,433 SF

      Retail Property in Larose, LA

      Retail property with existing lease in Larose, Louisiana.
      13210 W Main St, Larose, LA 70373
      View Details
    • Contact for pricing
      2,860 SF

      Turnkey Car Wash with Expansion Potential

      Income-producing car wash on Highway 308 with expansion options.
      105 Myrtle Dr, Lockport, LA 70374
      View Details
    • Contact for pricing
      188,894 SF

      Industrial Complex on 42 Acres

      Large industrial complex with heavy infrastructure and waterfront access.
      139 Joe Brown Rd, Lockport, LA 70374
      View Details

    FAQs

    What type of property is this?
    Warehouse - Combination warehouse and office space with great visibility and access.
    Where is this warehouse located?
    The property is located at 11840 Ln Hwy 308 Larose, LA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Offered $100k below appraisal value.; - Combination warehouse (2470 sq ft) and office space.; - Ideally located with great visibility and easy access, just North of Intracoastal overpass bridge.
    (985) 637-4542
    Request Owner's contact information
    11840 Ln Hwy 308 Larose, LA 70373
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11840 Ln Hwy 308
    Larose, LA 70373
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    11840 Ln Hwy 308 Larose, LA 70373
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rhonda Comeaux
    Rhonda Comeaux
    Real Estate License ID: 48787,PersonLicenseNumber
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!