Office/Warehouse Facility with
For Sale
$1,400,000
1807 W Gloria Switch Road, Carencro, LA 70520
COMMERCIAL - Carencro, LA
Property Size6,100 SF
Lot Size37.05 Acres
Price / SF$229.51
Days on Market56
Property Features for 1807 W Gloria Switch Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Off Street
Exterior features
OH Door 10 - 15 Ft, Pole Sign
Directions
From I-10, take Exit 103B onto I-49 North/US-167 North toward Opelousas. Continue approximately 3 miles to Exit 2 (Gloria Switch Road). Turn left (west) onto W. Gloria Switch Road and continue for approximately 1.8 miles. The property at 1807 W. Gloria Switch Road will be located on your left-hand side.
Subdivision
C
Standard status
Active
APN
6111694
Size
6,100 SF
Lot size
37.05 Acres
Taxes and HOA fees
Tax Description
LOT 2 SEC 4 T9S R4E (4.27 AC)
Legal Description
LOT 2 SEC 4 T9S R4E (4.27 AC)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
13 private offices
reception area
conference room
breakroom with kitchenette
three restrooms
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
David A Gleason · License #995695245
(337) 288-9400
Added: Jul 7
Changed: Aug 4
Last Checked: Aug 31 at 1:06PM
MLS# 2600006141
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 6,100 SF office/warehouse facility includes 13 private offices, a reception area, a conference room, a breakroom with kitchenette, and three restrooms. The attached warehouse is equipped with two overhead doors to support flexible day-to-day operations.
The property is situated on 37.05 acres and includes ample outdoor space for parking, equipment laydown, and outdoor storage potential. It is described as being minutes from I-49 and I-10 for regional access.
The office and warehouse components provide a combined work-and-operations layout suitable for businesses needing both administrative space and loading-ready warehouse functionality.
The property is situated on 37.05 acres and includes ample outdoor space for parking, equipment laydown, and outdoor storage potential. It is described as being minutes from I-49 and I-10 for regional access.
The office and warehouse components provide a combined work-and-operations layout suitable for businesses needing both administrative space and loading-ready warehouse functionality.
Key Highlights
- 6,100 SF office/warehouse facility on 37.05 acres in Carencro’s growing commercial corridor
- Office includes 13 private offices, reception area, spacious conference room, and breakroom with kitchenette
- 3 restrooms and concrete flooring throughout the office/warehouse spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,986
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,419,720
$1.4M
Cap Rate 7%
$1,014,086
$1.0M
Cap Rate 9%
$788,733
$788.7K
Market Conditions
NOI Build-Up for 6,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$109.8K $18.00/SF
− Vacancy
−$15.2K −$2.48/SF
EGI
$94.6K $15.52/SF
− OpEx
−$23.7K −$3.88/SF
NOI
$71.0K $11.64/SF
Area
Lafayette County, LA
Vacancy
13.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,419,720
Cap Rate 7%
$1,014,086
Cap Rate 9%
$788,733
Alternative Uses
Best Use
Office B
$1.01M
$887.3K – $1.18M
NOI $70,986 @ 7.0% cap · market cap 5.07%
Second Best
Flex RnD
$507.2K
$443.8K – $591.8K
NOI $35,507 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,957 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70520, LA
20,017
Population
9,011
Households
2.2
Avg Household Size
37
Median Age
21%
College-Educated
87%
High-School Grad
38.8 sq mi
ZIP Area
516
Density / Sq Mi
$65,956
Median Household Income
$43,019
Median Earnings
$953
Median Rent
$199,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office/warehouse building with 13 offices, conference and reception, plus warehouse with two overhead doors.
Where is this flex space located?
The property is located at 1807 W Gloria Switch Road Carencro, 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: 6,100 SF office/warehouse facility on 37.05 acres in Carencro’s growing commercial corridor; Office includes 13 private offices, reception area, spacious conference room, and breakroom with kitchenette; 3 restrooms and concrete flooring throughout the office/warehouse spaces
