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    288 SAINT CLAIR Road Boyce, LA 71409

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    For Sale
    $785,000

    COMMERCIAL - Boyce, LA

    Property size:
    15,000 SF
    Lot size:
    5.00 Acres
    Added:
    Jan 4, 2024
    Days on Market:
    841
    Last Refresh:
    Apr 24 at 6:06 am

    Property Features for 288 SAINT CLAIR Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    UK
    Parking features
    Driveway
    Standard status
    Active
    APN
    1140014349
    Size
    15,000 SF
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Description
    43.2 ACRES IN W2/NE4, SEC. 36, T4N-R4W: PT TRACT 2 OF SURVEY (CB'S 936-355;356;362)(CB 943-786;778;780;783 DUNNAM-ROBINSON HEIRS)(CB 1071-736 INT)(CB 1917-337 JOP: E. EWING)(CB 1948-526 ELMER EWING TRUST)(CB 1982-724 2013 3RD PARTY PARISH TAX SALE)(CB 1998-797 MINERAL INT: EWING)(CB 1996-787 REDEMPTION OF 2013 3RD PARTY PARISH TAX SALE)(CB 1999-25 EWING) ***PARCEL I.D. # 40-36-85175-11*** ***ALSO HAS UV ON # 1140014348*** CLASS: MC

    Utilities

    Water source
    Public

    Building Details

    Year built
    2019
    Floors in Building
    1

    We can help!

    Listing Contact
    VIRGINIA RACHAL

    Listing agent VIRGINIA RACHAL License #GCLRA:0995688289

    Listing office KELLER WILLIAMS REALTY CENLA PARTNERS 3600 Jackson Street Suite 123, Alexandria, LA

    Listing date Jan 4, 2024

    MLS# 2428333

    Copyright © 2026 Greater Central Louisiana REALTORS® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boyce Commercial Metal Building on Acreage

    This commercial property features a 15,000 square foot metal building constructed in 2018, situated on 5 acres of land. The property is located within 1.5 miles of a truck stop. Access is controlled by a gated entrance leading to a gravel driveway. The building includes eight 14' x 14' roll-up doors on each side, as well as two 18' x 18' roll-up doors at the front. Two entry doors provide additional access. Ventilation is provided by four large exhaust fans and four large louver fans. The building is equipped with a commercial eyewash station, an ADA-compliant fountain, and separate ADA-compliant restrooms for males and females. The ceiling reaches a peak height of 24 feet. Electrical systems were installed by Ward Electric, LLC, and include commercial power with 208 3 Phase, 480 Volt 3 Phase, and LED shop lighting throughout. Each pole down through the middle has the 208 3 phase, 480 volt 3 phase, 110 plug, and emergency eyewash setup. The property is located in Boyce, LA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Pharmacy Food Market Grocery & Convenience Store Discount Store Electronics & Wireless Store Grocery & Convenience Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boyce
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.729486
    Latitude
    31.279599

    FAQs

    What type of property is this?
    Warehouse - 15,000 SF metal building on 5 acres near truck stop.
    Where is this warehouse located?
    The property is located at 288 SAINT CLAIR Road Boyce, LA.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: 15,000 sq ft metal building on 5 acres; Equipped with **208 and 480 Volt 3 Phase commercial power**; Features **(8) 14' X 14' roll‑up doors on each side and (2) 18' x 18' roll‑up doors in the front**
    (225) 892-7991
    We can help!
    Listing Contact
    VIRGINIA RACHAL
    Real Estate License ID: GCLRA:0995688289
    Learn More
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    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
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