Renovated Flex
For Sale
$1,400,000
125 Raggio Road, Scott, LA 70583
Commercial Sale, Scott, LA
Property Size13,073 SF
Lot Size9.44 Acres
Price / SF$107.28
Days on Market145
Property Features for 125 Raggio Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Parking features
Parking Lot
Security features
Security System
Exterior features
Outside Storage, Stabilized Yard Base, Storage Building
Lot features
Corner
Directions
The property is conveniently accessible from Interstate 10. Take Exit 97 at Louisiana Highway 93 and head south on Highway 93. Travel approximately one mile south and turn left onto Raggio Road. The property at 125 Raggio Road will be on your right. The site is easily identified by its large metal warehouse buildings and ample paved parking area.
Subdivision
C
Standard status
Active
APN
6037518
Size
13,050 SF
Lot size
9.44 Acres
Taxes and HOA fees
Tax Description
LOT 13 SEC 22/27 T9S R4E (4.714 AC)(381.50X540.46) LOT 14SECS 22 & 70 T9S R4E (4.84 AC) (381.5X554)(5.73 ARP)(1935-116063 PLAT)
Legal Description
LOT 13 SEC 22/27 T9S R4E (4.714 AC)(381.50X540.46) LOT 14SECS 22 & 70 T9S R4E (4.84 AC) (381.5X554)(5.73 ARP)(1935-116063 PLAT)
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Flooring type
Tile, Concrete
Building materials
Stucco
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Ashby Pettigrew · License #0995700315
(337) 889-8490
Added: May 16
Changed: Sep 13
Last Checked: Oct 7 at 1:06PM
MLS# 2600004355
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.
Investment Insights
Based on property information with market context.
This flex property comprises three buildings configured for office and warehouse use. The warehouse component includes six overhead doors with levelers, 16-foot clear height, insulation, concrete flooring, and a metal roof. Central heating and central air serve the improvements, which were renovated in 2023. The site also includes outside storage, a stabilized yard base, a storage building, and a paved parking lot with 40 spaces.
An adjoining vacant tract extends the offering to the corner of Raggio Road and Hebert Road, providing frontage on both roads. The property is zoned IL and has access to natural gas, underground utilities, and private sewer service. Its location near Interstate 10 places the complex within the Lafayette Parish industrial corridor.
An adjoining vacant tract extends the offering to the corner of Raggio Road and Hebert Road, providing frontage on both roads. The property is zoned IL and has access to natural gas, underground utilities, and private sewer service. Its location near Interstate 10 places the complex within the Lafayette Parish industrial corridor.
Key Highlights
- Three‑building office and warehouse complex renovated in 2023
- Warehouse includes 6 overhead doors with levelers
- 16‑foot clear height and fully insulated warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,961
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,519,220
$1.5M
Cap Rate 7%
$1,085,157
$1.1M
Cap Rate 9%
$844,011
$844.0K
Market Conditions
NOI Build-Up for 13,050 SF
Gross rent
$117.5K $9.00/SF
− Vacancy
−$587 −$0.05/SF
EGI
$116.9K $8.96/SF
− OpEx
−$40.9K −$3.13/SF
NOI
$76.0K $5.82/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,519,220
Cap Rate 7%
$1,085,157
Cap Rate 9%
$844,011
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $151,863 @ 7.0% cap · market cap 10.85%
Second Best
Flex RnD
$1.09M
$949.5K – $1.27M
NOI $75,961 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $215,983 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
6
Dock-high doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Three-building office and warehouse complex with light industrial zoning and paved parking.
Where is this flex space located?
The property is located at 125 Raggio Road Scott, LA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three‑building office and warehouse complex renovated in 2023; Warehouse includes 6 overhead doors with levelers; 16‑foot clear height and fully insulated warehouse
