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 Market69
Property Features for 107 Jersey Dr
General Information
Standard status
Active
Size
9,050 SF
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Mark Van Eaton · License #4771
(337) 654-5700
Source:
Exprealty
Added: Jun 30
Changed: Sep 5
Last Checked: Sep 5 at 2:27PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,678
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
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
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 - 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
