Industrial Property in Broussard,
1149 Smede Hwy Broussard, LA 70518
1149 Smede Hwy, Broussard, LA, 70518
Contact for pricing
For Sale
Contact for pricing
35,840 SF industrial property available for sale.
Property Size35,840 SF
Price / SF$138.11
Days on Market143
Property Features for 1149 Smede Hwy
General Information
- Standard status
- Active
- Size
- 35,840 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing Agency
Marcus & Millichap - San Diego
(858) 373-3184
Listed by
Alvin Mansour · License #TX 0606255
Source
Crexi
Added: Feb 23 Checked: Jul 15 at 11:10 am
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This industrial property offers 35,840 square feet of space. For more information, please visit the property website.
Key Highlights
- Access the full marketing package via the property website.
- Visit the property website: https://themansourgroup.com/properties/310637/drilling‑tools‑international‑nasdaq‑dti
- Property is associated with Drilling Tools International (NASDAQ: DTI).
Local Financial Insights For Industrial
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 | $215.0k | $6.00 |
| − Vacancy | −$1.1k | −$0.03 |
| EGI | $214.0k | $5.97 |
| − OpEx | −$64.2k | −$1.79 |
| NOI | $149.8k | $4.18 |
35,840 SF · lease $6.00/SF/yr · vacancy 0.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.14M
$1.87M – $2.50M
NOI $149,775 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.47M
$7.41M – $9.89M
NOI $593,166 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drilling Tools International, ...
Rental Equipment Company
Reamco, Inc
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 35,840 SF industrial property available for sale.
Where is this manufacturing property located?
The property is located at 1149 Smede Hwy Broussard, LA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Access the full marketing package via the property website.; Visit the property website: https://themansourgroup.com/properties/310637/drilling‑tools‑international‑nasdaq‑dti; Property is associated with Drilling Tools International (NASDAQ: DTI).
