Flex Industrial
For Sale
$1,500,000
125 Raggio Road, Scott, LA 70583
COMMERCIAL - Scott, LA
Property Size13,050 SF
Lot Size9.44 Acres
Price / SF$114.94
Days on Market99
Property Features for 125 Raggio Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IL
Parking features
Parking Lot
Security features
Security System
Exterior features
Outside Storage, Stabilized Yard Base, Storage Building
Lot features
Corner
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
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)
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
Building materials
Stucco
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Ashby Pettigrew · License #0995700315
(337) 889-8490
Added: May 16
Changed: Aug 4
Last Checked: Aug 22 at 8:06AM
MLS# 2600004355
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex space offering includes three buildings with approximately 5,823 square feet of finished office area and approximately 7,250 square feet of warehouse space. The warehouse features steel-frame construction, insulated metal-panel walls and roofing, six overhead doors with levelers, and 16-foot clear height. Tile and concrete flooring, central heating and cooling, a metal roof, and a paved parking lot support varied office and industrial operations.
The improved property is accompanied by contiguous vacant land reaching the corner of Raggio Road and Hebert Road. The site has dual road frontage, underground utilities, municipal water, natural gas, and a stabilized yard base. It is located near Interstate 10, and the improved parcel is in FEMA Flood Zone X. Exterior features include outside storage and a storage building.
The improved property is accompanied by contiguous vacant land reaching the corner of Raggio Road and Hebert Road. The site has dual road frontage, underground utilities, municipal water, natural gas, and a stabilized yard base. It is located near Interstate 10, and the improved parcel is in FEMA Flood Zone X. Exterior features include outside storage and a storage building.
Key Highlights
- Approximately 5,823 SF of finished office area and 7,250 SF of warehouse space
- Six overhead doors with levelers and 16‑foot clear height
- Renovated in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,961
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,519,220
Cap Rate 7%
$1,085,157
Cap Rate 9%
$844,011
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $151,863 @ 7.0% cap · market cap 10.12%
Second Best
Flex RnD
$1.09M
$949.5K – $1.27M
NOI $75,961 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $215,983 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated in 2023 with insulated warehouse space and six overhead doors.
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 $1,500,000.
What are key features of this property?
This property features: Approximately 5,823 SF of finished office area and 7,250 SF of warehouse space; Six overhead doors with levelers and 16‑foot clear height; Renovated in 2023
