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    Industrial Space Near Energy Corridor Title is generated by Realmo AI

    105 Nova Dr, Broussard, LA 70518

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    Claim this Listing
    For Sale
    $2,295,000

    17,000 sq ft industrial space with modern office and warehouse.

    Property size:
    17,000 SF
    Lot size:
    1.64 Acres
    Price / SF:
    $135/SF
    Added:
    Apr 16, 2025
    Days on Market:
    424
    Last Refresh:
    Jan 20 at 8:33 am

    Property Features for 105 Nova Dr

    General Information

    Standard status
    Active
    Size
    17,000 SF
    Lot size
    1.64 Acres

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    Listing Contact
    Mo E Hannie

    Listing agent Mo E Hannie

    Listing office NAI Rampart

    Listing date Apr 16, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Rampart

    HighLights

    • 17,000 sq ft total industrial space with 4,000 sq ft of office space and a 13,000 sq ft warehouse.
    • Premier location near the Energy Corridor (I‑49) and I‑10 crossroads in Lafayette Parish.
    • Designed for a single tenant.
    • Includes a 5‑ton crane and wash rack.
    • Three overhead doors, including one large 40x14 door.
    • Available under a Triple Net Lease.

    Overview

    This exceptionally clean commercial property offers a total of 17,000 square feet of industrial space, designed for a single tenant. It features 4,000 square feet of modern office space and a 13,000 square foot warehouse suitable for storage, logistics, or production activities. The property is situated near the Energy Corridor (I-49) in Lafayette Parish, close to the crossroads of I-49 and I-10. It includes 3 overhead doors, one measuring 40x14, a 5-ton crane, and a wash rack. The property sits on 1.64 acres and is available under a Triple Net Lease. This premier location offers convenience and functional versatility, making it a strategic choice for business operations.

    Local Financial Insights For Office B

    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 $306.0k $18.00
    − Vacancy −$42.2k −$2.48
    EGI $263.8k $15.52
    − OpEx −$65.9k −$3.88
    NOI $197.8k $11.64
    17,000 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.83M
    $2.47M – $3.30M (±1% cap)
    NOI $197,829 @ 7.0% cap · market cap 8.62%
    Second Best
    Flex RnD
    $1.41M
    $1.24M – $1.65M (±1% cap)
    NOI $98,953 @ 7.0% cap · market cap 4.31%
    Theoretical Best
    Office A
    $4.02M
    $3.52M – $4.69M (±1% cap)
    NOI $281,357 @ 7.0% cap · market cap 12.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Abrado LLC Rental

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9547
    Latitude
    30.1503

    FAQs

    What type of property is this?
    Flex space - 17,000 sq ft industrial space with modern office and warehouse.
    Where is this flex space located?
    The property is located at 105 Nova Dr Broussard, LA.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: 17,000 sq ft total industrial space with 4,000 sq ft of office space and a 13,000 sq ft warehouse.; Premier location near the Energy Corridor (I‑49) and I‑10 crossroads in Lafayette Parish.; Designed for a single tenant.
    More about this property
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