Versatile Warehouse and
12282 Highway 431 Saint Amant, LA 70774
For Sale
$1,339,000
Spacious commercial property with strong Highway 431 frontage and a metal roof installed about four years ago.
Property Size22,372 SF
Price / SF$59.85
Days on Market76
Property Features for 12282 Highway 431
General Information
- Standard status
- Active
- Size
- 22,372 SF
Listing Agency:
eXp Realty
(225) 287-9633
Listed By:
Charles LeBlanc
(225) 287-9633
Source:
Exprealty
Added: May 11
Changed: Jul 25
Last Checked: Jul 25 at 5:10PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This versatile commercial property is well-suited for multiple uses, including retail, warehouse, showroom, office, resale, storage, or investment. The building benefits from a metal roof that is approximately four years old, supporting straightforward maintenance and continued functionality.
The property is located on highly visible Highway 431 in St. Amant, with strong frontage and traffic exposure designed to support roadside customer access and visibility.
With its existing size and flexible layout, the asset provides an owner-user or investor the opportunity to repurpose a long-standing local location for current market needs.
The property is located on highly visible Highway 431 in St. Amant, with strong frontage and traffic exposure designed to support roadside customer access and visibility.
With its existing size and flexible layout, the asset provides an owner-user or investor the opportunity to repurpose a long-standing local location for current market needs.
Key Highlights
- Commercial property on Hwy 431 in St. Amant with strong highway frontage and traffic exposure
- Long‑standing business location with history as Gonzales Used Furniture
- Metal roof installed about 4 years ago
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 | $174.5k | $7.80 |
| − Vacancy | −$11.3k | −$0.51 |
| EGI | $163.2k | $7.29 |
| − OpEx | −$48.9k | −$2.19 |
| NOI | $114.2k | $5.11 |
22,372 SF · lease $7.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.02M
$2.64M – $3.52M
NOI $211,415 @ 7.0% cap · market cap 15.79%
Second Best
Flex RnD
$2.62M
$2.29M – $3.06M
NOI $183,342 @ 7.0% cap · market cap 13.69%
Theoretical Best
Office A
$4.91M
$4.30M – $5.73M
NOI $343,634 @ 7.0% cap · market cap 25.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Spacious commercial property with strong Highway 431 frontage and a metal roof installed about four years ago.
Where is this flex space located?
The property is located at 12282 Highway 431 Saint Amant, LA.
What is the asking price?
The asking price for this property is $1,339,000.
What are key features of this property?
This property features: Commercial property on Hwy 431 in St. Amant with strong highway frontage and traffic exposure; Long‑standing business location with history as Gonzales Used Furniture; Metal roof installed about 4 years ago
