Mixed-Use Office and
For Sale
$1,420,000
117 Nolan Road, Broussard, LA 70518
Commercial Sale, Broussard, LA
Property Size10,191 SF
Lot Size0.44 Acres
Price / SF$139.34
Days on Market42
Property Features for 117 Nolan Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMERCIA
Parking
20
Parking features
Parking Lot
Directions
Hwy 90 S from airport to Shannon Hardware-left on Nolan Rd. Property on left-Motion Industries
Subdivision
H
Standard status
Active
APN
6020984
Size
10,191 SF
Lot size
0.44 Acres
Additional Details
Property Use
Office and Warehouse
Taxes and HOA fees
Tax Description
LOT 17 CASON PARK SUB (100X190)
Tax Annual Amount
2113
Legal Description
LOT 17 CASON PARK SUB (100X190)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
reception area
conference rooms
breakroom
natural gas generator
Building Details
Floors in Building
1
Building materials
Concrete, Metal Siding
Roof type
Metal
Buildings
1
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Matthew Delcambre · License #995712933
(337) 315-1460
Added: Sep 14
Changed: Oct 23
Last Checked: Oct 25 at 8:06AM
MLS# 2600008599
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 10,191-square-foot commercial property pairs approximately 6,000 square feet of office space with approximately 4,191 square feet of warehouse area. The office includes reception and waiting space, private offices, conference rooms, glass-partitioned work areas, a kitchen and breakroom, and restrooms; central heating and air conditioning serve the office. The insulated warehouse has open work and storage areas, a restroom, and three overhead doors measuring 12 feet by 14 feet. Its peak height is approximately 18 feet.
The property occupies approximately 0.44 acres at 117 Nolan Road in Broussard, just off Highway 90. Concrete parking provides approximately 20 spaces, and the site has street access. It is designated Flood Zone X and zoned COMMERCIA. Public water and sewer serve the property. A natural gas generator on site can power the entire building during an outage.
The property occupies approximately 0.44 acres at 117 Nolan Road in Broussard, just off Highway 90. Concrete parking provides approximately 20 spaces, and the site has street access. It is designated Flood Zone X and zoned COMMERCIA. Public water and sewer serve the property. A natural gas generator on site can power the entire building during an outage.
Key Highlights
- 10,191 square feet total: approximately 6,000 square feet of office and 4,191 square feet of warehouse
- Three 12‑foot‑by‑14‑foot overhead doors; warehouse peak height is approximately 18 feet
- Approximately 0.44 acres with approximately 20 concrete parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,381
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,047,620
$2.0M
Cap Rate 7%
$1,462,586
$1.5M
Cap Rate 9%
$1,137,567
$1.1M
Market Conditions
NOI Build-Up for 10,191 SF
Gross rent
$183.4K $18.00/SF
− Vacancy
−$19.6K −$1.93/SF
EGI
$163.8K $16.07/SF
− OpEx
−$61.4K −$6.03/SF
NOI
$102.4K $10.05/SF
Area
Lafayette County, LA
Vacancy
10.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,047,620
Cap Rate 7%
$1,462,586
Cap Rate 9%
$1,137,567
Alternative Uses
Best Use
Mixed Use
$1.46M
$1.28M – $1.71M
NOI $102,381 @ 7.0% cap · market cap 7.21%
Second Best
Warehouse
$738.8K
$646.4K – $861.9K
NOI $51,714 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,665 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A natural gas generator can supply power to the entire building during an outage.
Where is this mixed-use property located?
The property is located at 117 Nolan Road Broussard, LA.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: 10,191 square feet total: approximately 6,000 square feet of office and 4,191 square feet of warehouse; Three 12‑foot‑by‑14‑foot overhead doors; warehouse peak height is approximately 18 feet; Approximately 0.44 acres with approximately 20 concrete parking spaces
