Industrial Facility with Heavy-Duty
For Sale
$725,000
1088 Bergeron Rigs Rd, Breaux Bridge, LA 70517
Well-maintained industrial facility with office, warehouse, and yard space.
Property Size8,663 SF
Lot Size4.82 Acres
Price / SF$83.69
Days on Market124
Property Features for 1088 Bergeron Rigs Rd
General Information
Standard status
Active
Size
8,663 SF
Lot size
4.82 Acres
Listing Agency:
Sam Robertson Real Estate Co
(337) 344-3800
Listed By:
Kerry G Emanis · License #0995697822
(337) 344-3800
Source:
Exprealty
Added: Apr 28
Changed: Aug 28
Last Checked: Aug 28 at 1:51PM
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 Sam Robertson Real Estate Co
Investment Insights
Based on property information with market context.
This industrial facility, situated on approximately 4.82 acres, features a mix of office, warehouse, and heavy-duty yard space. The property is located in Flood Zone X, potentially offering lower flood risk and insurance savings. The site includes extensive concrete and stabilized yard areas suitable for heavy equipment, laydown use, and truck access. The building totals approximately 8,663 square feet. The office area comprises roughly 2,802 square feet, including eight private offices and four restrooms. The shop/warehouse component features durable construction, generous storage, a caged area for parts and tools, and a designated fabrication space. It includes one restroom and is equipped with one 14' x 14' exterior overhead door, two 14' x 14' interior overhead doors, and two automatic 14' x 16' roll-up doors in the tall bay section. The tall bay is designed for heavy industrial use with two 15-ton overhead cranes, a 16-foot hook height, approximately 30-foot peak height, and 27-foot eave height. It is suitable for oilfield services, large-scale fabrication, truck and trailer fab/repair or farm and construction equipment servicing. Additional land is available for expansion or customized use.
Key Highlights
- 4. 82 acre lot with extensive concrete/stabilized yard space suitable for heavy equipment and truck access.
- Tall bay area with two 15‑ton overhead cranes, 16‑foot hook height, and up to 30‑foot peak height, ideal for heavy industrial use.
- Located in Flood Zone X, indicating lower flood risk and potential insurance savings.
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
$56,490
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
7.79%
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%
$1,129,800
$1.1M
Cap Rate 7%
$807,000
$807.0K
Cap Rate 9%
$627,667
$627.7K
Market Conditions
NOI Build-Up for 8,663 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
$98.8K $11.40/SF
− Vacancy
−$11.9K −$1.37/SF
EGI
$86.9K $10.03/SF
− OpEx
−$30.4K −$3.51/SF
NOI
$56.5K $6.52/SF
Area
St. Martin County, LA
Vacancy
12.00%
Lease Rate
$11.40 /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%
$1,129,800
Cap Rate 7%
$807,000
Cap Rate 9%
$627,667
Alternative Uses
Best Use
Flex RnD
$807.0K
$706.1K – $941.5K
NOI $56,490 @ 7.0% cap · market cap 7.79%
Second Best
Industrial
$631.8K
$552.8K – $737.1K
NOI $44,225 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,168 @ 7.0% cap · market cap 18.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70517, LA
26,434
Population
11,884
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
168.7 sq mi
ZIP Area
157
Density / Sq Mi
$58,342
Median Household Income
$40,119
Median Earnings
$938
Median Rent
$151,600
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 - Well-maintained industrial facility with office, warehouse, and yard space.
Where is this flex space located?
The property is located at 1088 Bergeron Rigs Rd Breaux Bridge, LA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 4. 82 acre lot with extensive concrete/stabilized yard space suitable for heavy equipment and truck access.; Tall bay area with **two 15‑ton overhead cranes**, 16‑foot hook height, and up to 30‑foot peak height, ideal for heavy industrial use.; Located in Flood Zone X, indicating lower flood risk and potential insurance savings.
