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Light Industrial Office Building

12026 Mansfield Road Keithville, LA 71047

New
12026 Mansfield Road, Keithville, LA, 71047
$249,900
For Sale
$249,900

Move-in ready office building with reception, private offices, and an additional equipped room under I-1 zoning.

Property Size1,250 SF
Price / SF$199.92
Days on Market2

Property Features for 12026 Mansfield Road

General Information

Standard status
Active
Size
1,250 SF
Property subtype
Commercial

Building Details

Year Built
2012
Listing agency Keller Williams Northwest
Listed by Michelle Savage · License #0995696678
Source Signaturere
Added: Jul 21 Checked: Jul 21 at 10:44PM

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 Keller Williams Northwest


Investment Insights

Based on property information with market context.

This well-maintained light industrial office building is designed for day-to-day functionality and efficient operations. The interior includes a reception area, three private offices, and a versatile fourth room that can be used as a conference room, break room, or additional workspace. That room is already equipped with cabinetry, a sink, a refrigerator, and ample counter space. Additional features include wood-look laminate flooring, a storage or file room, a communications equipment closet, attic storage, recessed LED lighting, exterior LED security lighting, and an ADT-monitored security system. The building also has high-speed internet and a landline phone system with five separate lines.

The property is zoned I-1 (Light Industrial) and sits on a 1.5-acre tract. Outside, there are six designated parking spaces plus additional paved parking along the south side of the building.

Behind the office, an approximately 20,000-square-foot established rock base is in place to support future expansion such as additional parking, equipment storage, or fleet vehicle use, though the rock base is currently covered by grass.

Key Highlights

  • Office building built in 2012 with a reception area, three private offices, and a 4th room equipped with cabinetry, sink, refrigerator, and counter space
  • I‑1 (Light Industrial) zoning allows flexibility for a variety of business uses
  • Security and lighting features include ADT‑monitored security system, recessed LED lighting, and exterior LED security lighting

Local Financial Insights For Flex RnD

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 $18.8k $15.00
− Vacancy −$2.6k −$2.10
EGI $16.1k $12.90
− OpEx −$5.6k −$4.52
NOI $10.5k $8.39
1,250 SF · lease $15.00/SF/yr · vacancy 14.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$149.7K
$131.0K – $174.7K (±1% cap)
NOI $10,481 @ 7.0% cap · market cap 4.19%
Second Best
Office B
$145.4K
$127.2K – $169.6K (±1% cap)
NOI $10,178 @ 7.0% cap · market cap 4.07%
Theoretical Best
Specialty Retail
$247.3K
$216.4K – $288.6K (±1% cap)
NOI $17,313 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Surety Associates, LLC Construction Company

Suggested Use

Big Box & Wholesale Store Plumbing Service Garden Center Auto Repair Shop Pharmacy (Bike/Boat/Book/etc) Store Restaurant Barber Shop Building Supply Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Move-in ready office building with reception, private offices, and an additional equipped room under I-1 zoning.
Where is this office building located?
The property is located at 12026 Mansfield Road Keithville, LA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Office building built in 2012 with a reception area, three private offices, and a 4th room equipped with cabinetry, sink, refrigerator, and counter space; I‑1 (Light Industrial) zoning allows flexibility for a variety of business uses; Security and lighting features include ADT‑monitored security system, recessed LED lighting, and exterior LED security lighting
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