Flex Space with
New
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 Market2
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, 6059628
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:
Mark Van Eaton · License #4771
(337) 654-5700
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2600009934
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.
The property at 125 Raggio Road includes three buildings on a 4.71-acre improved parcel. The complex contains approximately 5,823 square feet of finished office area and 7,250 square feet of warehouse space. Warehouse features include six overhead doors with levelers and 16-foot clear height. The buildings were renovated in 2023, and the site has 40 paved parking spaces. Municipal water, natural gas, and underground utilities serve the property.
An additional contiguous 4.84 acres of vacant land extends to the corner of Raggio Road and Hebert Road, providing frontage on both roads. The combined offering is near Interstate 10 in Lafayette Parish. Zoning is IL, and the improved parcel is identified as FEMA Flood Zone X.
An additional contiguous 4.84 acres of vacant land extends to the corner of Raggio Road and Hebert Road, providing frontage on both roads. The combined offering is near Interstate 10 in Lafayette Parish. Zoning is IL, and the improved parcel is identified as FEMA Flood Zone X.
Key Highlights
- Three buildings with approximately 5,823 square feet of finished office area and 7,250 square feet of warehouse space
- Six overhead doors with levelers and 16‑foot clear height
- 4.71‑acre improved parcel plus 4.84 contiguous acres of vacant land
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
Office B
$2.17M
$1.90M – $2.53M
NOI $151,863 @ 7.0% cap · market cap 10.85%
Second Best
Flex RnD
$1.09M
$949.5K – $1.27M
NOI $75,961 @ 7.0% cap · market cap 5.43%
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
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Market
Vacancy Rate% for Office 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 and warehouse areas on an IL-zoned property with adjoining vacant land.
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 with approximately 5,823 square feet of finished office area and 7,250 square feet of warehouse space; Six overhead doors with levelers and 16‑foot clear height; 4.71‑acre improved parcel plus 4.84 contiguous acres of vacant land
