Versatile Warehouse and
For Sale
$1,339,000
12282 Highway 431, Saint Amant, LA 70774
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 Market175
Property Features for 12282 Highway 431
General Information
Standard status
Active
Size
22,372 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$432
Listing Agency:
eXp Realty
(225) 412-9982
Listed By:
Charles LeBlanc
(225) 287-9633
Source:
Exprealty
Added: May 4
Changed: Oct 6
Last Checked: Oct 24 at 8:10PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$114,211
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,284,220
$2.3M
Cap Rate 7%
$1,631,586
$1.6M
Cap Rate 9%
$1,269,011
$1.3M
Market Conditions
NOI Build-Up for 22,372 SF
Gross rent
$174.5K $7.80/SF
− Vacancy
−$11.3K −$0.51/SF
EGI
$163.2K $7.29/SF
− OpEx
−$48.9K −$2.19/SF
NOI
$114.2K $5.11/SF
Area
Ascension County, LA
Vacancy
6.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,284,220
Cap Rate 7%
$1,631,586
Cap Rate 9%
$1,269,011
Alternative Uses
Best Use
Flex RnD
$2.62M
$2.29M – $3.06M
NOI $183,342 @ 7.0% cap · market cap 13.69%
Second Best
Warehouse
$1.90M
$1.67M – $2.22M
NOI $133,275 @ 7.0% cap · market cap 9.95%
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70774, LA
9,900
Population
4,412
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
89%
High-School Grad
52.5 sq mi
ZIP Area
189
Density / Sq Mi
$81,466
Median Household Income
$47,658
Median Earnings
$1,073
Median Rent
$243,600
Median Home Value
Check the figures for this property
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?
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
