Industrial Flex Building with
For Sale
$625,000
204 Burgess Drive, Broussard, LA 70518
COMMERCIAL - Broussard, LA
Property Size8,040 SF
Lot Size0.60 Acres
Price / SF$77.74
Days on Market361
Property Features for 204 Burgess Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
Parking features
Off Street, Parking Lot
Exterior features
Door Sign, OH Door 10 - 15 Ft, Partially Fenced
Fencing
Partial
Subdivision
Broussard Park
Directions
Take Verot School road to Hwy 90, turn right. Then turn left onto Eola road. Take a left onto Regal and a right onto Burgess. The Property is on your right.
Standard status
Active
APN
6048509
Size
8,040 SF
Lot size
0.60 Acres
Taxes and HOA fees
Tax Description
LOT 347-A BROUSSARD PARK EXT 1
Legal Description
LOT 347-A BROUSSARD PARK EXT 1
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Building materials
Stucco
Roof type
Metal
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Caitlyn Williams · License #0995684676
(337) 278-2048
Added: Aug 5, 2025
Changed: Jul 25
Last Checked: Jul 31 at 3:06AM
MLS# 2500002036
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.
A well-maintained industrial flex building offering two separate suites of approximately 4,000 SF each. Each suite includes approximately 1,280 SF of office space alongside the warehouse area. Suite C is currently leased.
The warehouse portion includes approximately 2,725 SF of warehouse space with one overhead door, 16' eave heights, mezzanine storage, 3-phase power, and LED lighting. The building sits on approximately 0.6 acres and is partially fenced.
This configuration supports either multi-tenant use or an owner-occupant/tenant split within the same facility, with office and warehouse space designed to accommodate daily operations.
The warehouse portion includes approximately 2,725 SF of warehouse space with one overhead door, 16' eave heights, mezzanine storage, 3-phase power, and LED lighting. The building sits on approximately 0.6 acres and is partially fenced.
This configuration supports either multi-tenant use or an owner-occupant/tenant split within the same facility, with office and warehouse space designed to accommodate daily operations.
Key Highlights
- +/-8,000 SF industrial building in two separate +/-4,000 SF suites for flexible owner or investor use
- Suite C is currently leased; both suites include about 4,000 SF with +/-1,280 SF office space
- Warehouse space includes 1 OH door with 16' eave heights, plus mezzanine storage
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.4k | $9.00 |
| − Vacancy | −$362 | −$0.05 |
| EGI | $72.0k | $8.96 |
| − OpEx | −$25.2k | −$3.13 |
| NOI | $46.8k | $5.82 |
8,040 SF · lease $9.00/SF/yr · vacancy 0.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.56M
NOI $93,561 @ 7.0% cap · market cap 14.97%
Second Best
Flex RnD
$668.6K
$585.0K – $780.0K
NOI $46,799 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,065 @ 7.0% cap · market cap 21.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained industrial property with two ~4,000 SF suites, office space, and warehouse improvements including an OH door.
Where is this flex space located?
The property is located at 204 Burgess Drive Broussard, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: +/-8,000 SF industrial building in two separate +/-4,000 SF suites for flexible owner or investor use; Suite C is currently leased; both suites include about 4,000 SF with +/-1,280 SF office space; Warehouse space includes 1 OH door with 16' eave heights, plus mezzanine storage
