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Flex Space with Workshop
For Sale
$350,000

16509 Hwy 190, Port Barre, LA 70577

Commercial Sale, Port Barre, LA

Property Size2,400 SF
Lot Size3.14 Acres
Price / SF$145.83
Days on Market187

Property Features for 16509 Hwy 190

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Exterior features OH Door 10 - 15 Ft, Storage Building
Directions Coming from Lafayette take I 49 towards Opelousas. Turn right onto US 190 towards Port Barre. In 5.5 miles make a u turn. Building will be on your right.
Subdivision L1
Standard status Active
APN 0103876500
Size 2,400 SF
Lot size 3.14 Acres

Taxes and HOA fees

Tax Description 1 LOT 1 (2 AC) FRONTING 482.48' ON HWY 190 IN SEC 10 T-6S R-5E 1 LOT 2 (1.14 AC) IN SEC 10 T-6S R-5E 1277490
Legal Description 1 LOT 1 (2 AC) FRONTING 482.48' ON HWY 190 IN SEC 10 T-6S R-5E 1 LOT 2 (1.14 AC) IN SEC 10 T-6S R-5E 1277490

Utilities

Sewer type Private Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

workshop
loft storage
two rear overhead doors

Building Details

Floors in Building 1
Flooring type Concrete, Tile
Roof type Metal
Additional Structures Storage
Listing Agency: Real Broker, LLC
Listed By: Chris Lejeune · License #0995691823
Added: Apr 16 Changed: Oct 8 Last Checked: Oct 19 at 7:06PM
MLS# 2600003293

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.

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Investment Insights

Based on property information with market context.

This 2,400-square-foot flex property includes a retail building, workshop, loft storage, and two rear overhead doors measuring 10–15 feet. Interior finishes include tile and concrete flooring, with central heating and central air. A metal roof, bathroom, parking lot, public water, and private sewer complete the improvements. The property also includes a separate storage building.

Located at 16509 Hwy 190 in Port Barre, Louisiana, the 3.14-acre site offers direct positioning along Highway 190. Commercial zoning supports the property’s broad business format, while the combination of retail area, work space, storage, and rear loading access accommodates multiple operational needs.

Key Highlights

  • 2,400‑square‑foot flex property on 3.14 acres
  • Retail building with workshop and loft storage
  • Two rear overhead doors measuring 10–15 feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,692
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,840 $333.8K
Cap Rate 7%
$238,457 $238.5K
Cap Rate 9%
$185,467 $185.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$25.9K $10.80/SF
− Vacancy
−$2.1K −$0.86/SF
EGI
$23.8K $9.94/SF
− OpEx
−$7.2K −$2.98/SF
NOI
$16.7K $6.96/SF
Area
St. Landry County, LA
Vacancy
8.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,840
Cap Rate 7%
$238,457
Cap Rate 9%
$185,467

Alternative Uses

Best Use
Retail
$238.5K
$208.7K – $278.2K (±1% cap)
NOI $16,692 @ 7.0% cap · market cap 4.77%
Second Best
Flex RnD
$233.7K
$204.5K – $272.7K (±1% cap)
NOI $16,361 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$362.1K
$316.8K – $422.4K (±1% cap)
NOI $25,344 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Electrical Service Garden Center (Bike/Boat/Book/etc) Store Auto Repair Shop HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70577, LA

4,424
Population
2,042
Households
2.2
Avg Household Size
40
Median Age
8%
College-Educated
88%
High-School Grad
76.1 sq mi
ZIP Area
58
Density / Sq Mi
$46,250
Median Household Income
$31,693
Median Earnings
$693
Median Rent
$98,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned property with rear overhead access, storage, and on-site parking for adaptable business operations.
Where is this flex space located?
The property is located at 16509 Hwy 190 Port Barre, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,400‑square‑foot flex property on 3.14 acres; Retail building with workshop and loft storage; Two rear overhead doors measuring 10–15 feet
More about this property
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