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Broussard Flex Space For Sale

105 Nova Dr Broussard, LA 70518

Claim this Listing
For Sale
$1,912,500

17,000 SF flex space with office and warehouse components.

Property size:
17,000 SF
Lot size:
1.00 Acre
Price / SF:
$112/SF
Added:
May 4, 2026
Days on Market:
69
Last Refresh:
May 19 at 10:50 pm

Property Features for 105 Nova Dr

General Information

Standard status
Active
Size
17,000 SF
Lot size
1.00 Acre

Listing office Compass

Listing date May 4, 2026

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 Compass


Investment Insights

Based on property information with market context.

This 17,000 square foot flex space property is located within the city limits of Broussard, Louisiana. The property includes 13,000 square feet of warehouse space and 4,000 square feet of office space. It features a five-ton bridge crane and three overhead doors, including one measuring 40 feet wide by 14 feet tall. The property also contains a wash bay, 11 offices, a lab, a locker room, and a break room. The site includes over one acre of concrete and stabilized yard. City of Broussard water and mechanical sewer services are available, along with Entergy electrical and Atmos gas.

Key Highlights

  • 17,000 Total SF with 13,000 SF of Warehouse and 4,000 SF of Office space
  • Enjoy over 1 acre of concrete and stabilized yard
  • Equipped with 1 - 5 ton bridge crane

Local 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 $153.0k $9.00
− Vacancy −$765 −$0.05
EGI $152.2k $8.96
− OpEx −$53.3k −$3.13
NOI $99.0k $5.82
17,000 SF · lease $9.00/SF/yr · vacancy 0.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,953 @ 7.0% cap · market cap 5.17%
Second Best
Warehouse
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,267 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M (±1% cap)
NOI $281,357 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Abrado LLC Rental

Suggested Use

Real Estate Agency Law Firm Dental Office Hotel & Motel Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - 17,000 SF flex space with office and warehouse components.
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 $1,912,500.
What are key features of this property?
This property features: 17,000 Total SF with 13,000 SF of Warehouse and 4,000 SF of Office space; Enjoy over 1 acre of concrete and stabilized yard; Equipped with 1 - 5 ton bridge crane
Contact an agent
More about this property
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