New Industrial Building in
For Sale
$834,000
102 Ibex, Broussard, LA 70518
6,000 SF industrial building with office space for sale.
Property Size6,000 SF
Price / SF$139
Days on Market533
Property Features for 102 Ibex
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Zoning
I-1
Amenities
Water
Sewer
Listing Agency:
The Gleason Group
Listed By:
Spencer Cobb · License #995710751
(337) 501-8174
Source:
Lacdb.resimplifi
Added: Apr 29, 2025
Changed: Oct 10
Last Checked: Oct 12 at 4:49PM
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 The Gleason Group
Investment Insights
Based on property information with market context.
This is a new 6,000 square foot industrial building located in Shenandoah Park. The building includes approximately 4,950 square feet of warehouse space and approximately 1,050 square feet of office space. The layout features two 14' x 14' overhead doors, three offices, a meeting room, a reception area, and two restrooms. The seller is willing to climatize the warehouse.
Key Highlights
- Brand new 6,000 SF industrial building.
- +/- 4,950 square feet of warehouse space.
- +/- 1,050 square feet of office space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,822
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,440
$1.4M
Cap Rate 7%
$997,457
$997.5K
Cap Rate 9%
$775,800
$775.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$108.0K $18.00/SF
− Vacancy
−$14.9K −$2.48/SF
EGI
$93.1K $15.52/SF
− OpEx
−$23.3K −$3.88/SF
NOI
$69.8K $11.64/SF
Area
Lafayette County, LA
Vacancy
13.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,440
Cap Rate 7%
$997,457
Cap Rate 9%
$775,800
Alternative Uses
Best Use
Office B
$997.5K
$872.8K – $1.16M
NOI $69,822 @ 7.0% cap · market cap 8.37%
Second Best
Warehouse
$435.0K
$380.6K – $507.5K
NOI $30,447 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,302 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Billeaud Boat/RV Storage — 4924 Hwy 90 E, Broussard, LA 70518
- Toy Storage — 1100 Albertson Pkwy, Broussard, LA 70518
Frequently Asked Questions
What type of property is this?
Warehouse - 6,000 SF industrial building with office space for sale.
Where is this warehouse located?
The property is located at 102 Ibex Broussard, LA.
What is the asking price?
The asking price for this property is $834,000.
What are key features of this property?
This property features: Brand new 6,000 SF industrial building.; +/- 4,950 square feet of warehouse space.; +/- 1,050 square feet of office space.
