Flex Office and Warehouse
For Sale
$800,000
107 Jersey Dr, Youngsville, LA 70592
Climate-controlled flex space with office reception, kitchen, conference room, and a warehouse with three large rollup doors.
Property Size9,050 SF
Price / SF$88.40
Days on Market96
Property Features for 107 Jersey Dr
General Information
Standard status
Active
Size
9,050 SF
Listing Agency:
Real Broker, LLC
Listed By:
Mark Van Eaton · License #4771
(337) 237-3050
Source:
Athomerealtyla
Added: Jul 20
Changed: Oct 3
Last Checked: Oct 7 at 4:58PM
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 Real Broker, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex office and warehouse building has been freshly painted and is in excellent condition. The office area is well laid out with a reception, kitchen, and conference room. The warehouse features high eave height up to 20 feet in the back and includes three large rollup doors, along with a separate half bathroom. The entire building is climate controlled.
The property sits in the Youngsville area and is served by a shared concrete drive and yard with plenty of parking.
The current configuration combines office amenities with a functional warehouse component, supported by multiple rollup doors and climate control throughout the building.
The property sits in the Youngsville area and is served by a shared concrete drive and yard with plenty of parking.
The current configuration combines office amenities with a functional warehouse component, supported by multiple rollup doors and climate control throughout the building.
Key Highlights
- Freshly painted building in excellent condition
- Climate‑controlled entire building
- Office area with reception, kitchen, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,678
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,053,560
$1.1M
Cap Rate 7%
$752,543
$752.5K
Cap Rate 9%
$585,311
$585.3K
Market Conditions
NOI Build-Up for 9,050 SF
Gross rent
$81.5K $9.00/SF
− Vacancy
−$407 −$0.05/SF
EGI
$81.0K $8.96/SF
− OpEx
−$28.4K −$3.13/SF
NOI
$52.7K $5.82/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,053,560
Cap Rate 7%
$752,543
Cap Rate 9%
$585,311
Alternative Uses
Best Use
Flex RnD
$752.5K
$658.5K – $878.0K
NOI $52,678 @ 7.0% cap · market cap 6.58%
Second Best
Warehouse
$656.1K
$574.1K – $765.4K
NOI $45,924 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,781 @ 7.0% cap · market cap 18.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70592, LA
28,975
Population
11,583
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
682
Density / Sq Mi
$93,453
Median Household Income
$53,063
Median Earnings
$1,106
Median Rent
$239,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled flex space with office reception, kitchen, conference room, and a warehouse with three large rollup doors.
Where is this flex space located?
The property is located at 107 Jersey Dr Youngsville, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Freshly painted building in excellent condition; Climate‑controlled entire building; Office area with reception, kitchen, and conference room
