Flex Industrial Property with
For Sale
$1,400,000
125 Raggio Road, Scott, LA 70583
Commercial Sale, Scott, LA
Property Size13,050 SF
Lot Size9.44 Acres
Price / SF$107.28
Days on Market165
Property Features for 125 Raggio Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Parking features
Parking Lot
Lot features
Corner Lot
Directions
The property is conveniently accessible from Interstate 10. Take Exit 97 at Louisiana Highway 93 and head south on Highway 93. Travel approximately one mile south and turn left onto Raggio Road. The property at 125 Raggio Road will be on your right. The site is easily identified by its large metal warehouse buildings and ample paved parking area.
Subdivision
C
Standard status
Active
APN
6037518
Size
13,050 SF
Lot size
9.44 Acres
Additional Details
Property Use
Office Warehouse
Taxes and HOA fees
Tax Description
LOT 13 SEC 22/27 T9S R4E (4.714 AC)(381.50X540.46) LOT 14SECS 22 & 70 T9S R4E (4.84 AC) (381.5X554)(5.73 ARP)(1935-116063 PLAT)
Tax Annual Amount
9000
Legal Description
LOT 13 SEC 22/27 T9S R4E (4.714 AC)(381.50X540.46) LOT 14SECS 22 & 70 T9S R4E (4.84 AC) (381.5X554)(5.73 ARP)(1935-116063 PLAT)
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Flooring type
Tile, Concrete, Vinyl
Building materials
Metal Siding
Roof type
Metal
Buildings
3
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Ashby Pettigrew · License #0995700315
(337) 889-8490
Added: May 16
Changed: Oct 23
Last Checked: Oct 27 at 3:06AM
MLS# 2600004355
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 flex industrial property comprises three buildings with finished office and warehouse space. The warehouse has insulated metal construction, six overhead doors with levelers, and 16-foot clear height. The property was renovated in 2023 and includes a paved parking area with 40 spaces.
Zoned IL, the site is located at the corner of Raggio Road and Hebert Road, with access to both roads. Interstate 10 is nearby. Services include municipal water, natural gas, underground utilities, and private sewer. FEMA Flood Zone X applies to the improved parcel.
Zoned IL, the site is located at the corner of Raggio Road and Hebert Road, with access to both roads. Interstate 10 is nearby. Services include municipal water, natural gas, underground utilities, and private sewer. FEMA Flood Zone X applies to the improved parcel.
Key Highlights
- Three buildings include finished office and warehouse space
- Warehouse features six overhead doors with levelers and 16‑foot clear height
- Renovated in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,961
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,519,220
$1.5M
Cap Rate 7%
$1,085,157
$1.1M
Cap Rate 9%
$844,011
$844.0K
Market Conditions
NOI Build-Up for 13,050 SF
Gross rent
$117.5K $9.00/SF
− Vacancy
−$587 −$0.05/SF
EGI
$116.9K $8.96/SF
− OpEx
−$40.9K −$3.13/SF
NOI
$76.0K $5.82/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,519,220
Cap Rate 7%
$1,085,157
Cap Rate 9%
$844,011
Alternative Uses
Best Use
Flex RnD
$1.09M
$949.5K – $1.27M
NOI $75,961 @ 7.0% cap · market cap 5.43%
Second Best
Warehouse
$946.0K
$827.8K – $1.10M
NOI $66,222 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $215,983 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
16 ft
Clear height
6
Dock-high doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bailey's Offshore Catering — 1710 W Willow St, Scott, LA 70583
Frequently Asked Questions
What type of property is this?
Flex space - Three buildings combine finished office space with warehouse areas in a single industrial property.
Where is this flex space located?
The property is located at 125 Raggio Road Scott, LA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three buildings include finished office and warehouse space; Warehouse features six overhead doors with levelers and 16‑foot clear height; Renovated in 2023
