Flex Space with Insulated
For Sale
$2,800,000
947 Florida Avenue SW, Denham Springs, LA 70726
COMMERCIAL - Denham Springs, LA
Property Size38,000 SF
Lot Size2.50 Acres
Price / SF$73.68
Days on Market330
Property Features for 947 Florida Avenue SW
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Covered, Parking Lot, Secured
Security features
Security System
Exterior features
Loading Dock/Grade, Storage, Pole Sign, Stabilized Yard Base
Subdivision
Commercial Park
Lot features
Corner Lot, Corner Lot
Directions
From Range- Take Left onto Florida Avenue. Property Will be on your Right.
Standard status
Active
Size
38,000 SF
Lot size
2.50 Acres
Taxes and HOA fees
Tax Description
A LOT IN SEC 59-6-2 MEAS FROM POB WEST 373.2 S 150 E ALONG THE N MARGIN OF PROPOSED ST 373.2 THEN ALONG THE W MARGIN OF HWY 190- A LOT IN SEC 59-6-2 MEAS 86.36 X 373.2-LOT 15 OF COMMERCIAL PARK 2ND FILING
Legal Description
A LOT IN SEC 59-6-2 MEAS FROM POB WEST 373.2 S 150 E ALONG THE N MARGIN OF PROPOSED ST 373.2 THEN ALONG THE W MARGIN OF HWY 190- A LOT IN SEC 59-6-2 MEAS 86.36 X 373.2-LOT 15 OF COMMERCIAL PARK 2ND FILING
Utilities
Utilities
Natural Gas Available
Building Details
Additional Structures
Storage
Listing Agency:
Dawson Grey Real Estate
(225) 325-5555
Listed By:
Carmen Coetzee · License #0995694832
(225) 325-5555
Added: Sep 5, 2025
Changed: Jul 30
Last Checked: Jul 31 at 12:06AM
MLS# 2025016593
Copyright © 2026 Greater Baton Rouge Association of REALTORS. 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.
Flex space facility on a 2.5-acre site featuring 15,000+/- sq. ft. of office and retail space with 12 private offices. The office/retail area is accessed by a custom walkway. Also included is 23,000+/- sq. ft. of warehouse space with multiple roll-up doors, abundant storage, and seamless access. An additional insulated warehouse is located at the rear of the property.
The property has a completely fenced, stabilized yard for equipment, fleet, or material storage. There is a generous front parking lot for employees, customers, or visitors, along with covered parking and an access port designed to accommodate 18-wheelers, heavy machinery, and large-scale deliveries. Exterior features include a loading dock/grade, storage, and a pole sign, and natural gas is available for the site.
All equipment currently in use at the property is reserved by the owner and not included in this sale.
The property has a completely fenced, stabilized yard for equipment, fleet, or material storage. There is a generous front parking lot for employees, customers, or visitors, along with covered parking and an access port designed to accommodate 18-wheelers, heavy machinery, and large-scale deliveries. Exterior features include a loading dock/grade, storage, and a pole sign, and natural gas is available for the site.
All equipment currently in use at the property is reserved by the owner and not included in this sale.
Key Highlights
- 2.5‑acre flex facility with fenced, stabilized yard
- 15,000+/- sq. ft. office and retail with 12 private offices
- 23,000+/- sq. ft. warehouse with multiple roll‑up doors
Financial Insights For Industrial
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 | $369.4k | $9.72 |
| − Vacancy | −$7.4k | −$0.19 |
| EGI | $362.0k | $9.53 |
| − OpEx | −$108.6k | −$2.86 |
| NOI | $253.4k | $6.67 |
38,000 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.49M
$7.43M – $9.91M
NOI $594,576 @ 7.0% cap · market cap 21.23%
Second Best
Office B
$5.19M
$4.54M – $6.06M
NOI $363,461 @ 7.0% cap · market cap 12.98%
Theoretical Best
Specialty Retail
$9.10M
$7.96M – $10.62M
NOI $637,046 @ 7.0% cap · market cap 22.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70726, LA
59,586
Population
24,925
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
88.2 sq mi
ZIP Area
676
Density / Sq Mi
$77,129
Median Household Income
$41,240
Median Earnings
$1,180
Median Rent
$215,100
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 - Fenced, stabilized yard and an access port designed for 18-wheelers at this flex facility.
Where is this flex space located?
The property is located at 947 Florida Avenue SW Denham Springs, LA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 2.5‑acre flex facility with fenced, stabilized yard; 15,000+/- sq. ft. office and retail with 12 private offices; 23,000+/- sq. ft. warehouse with multiple roll‑up doors
