Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office/Warehouse Space on Airline Hwy Title is generated by Realmo AI

    12608 Airline Hwy, Gonzales, LA 70737

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office/warehouse space with recent renovations, convenient location.

    Type:Retail, Industrial
    Property size:
    3,200 SF
    Added:
    Jun 13, 2024
    Days on Market:
    721
    Last Refresh:
    May 13 at 8:07 pm

    Property Features for 12608 Airline Hwy

    General Information

    Standard status
    Active
    Size
    3,200 SF
    Property subtype
    Retail, Industrial

    Spaces For Lease

    at 12608 Airline Hwy Contact us

    $12/Mo

    Size
    3,200 SF
    Type
    Retail, Industrial
    Contact us

    We can help!

    Listing Contact
    Judah Vedros

    Listing agent Judah Vedros License #LA 995701739

    Listing office Kurz & Hebert

    Listing date Jun 13, 2024

    Source Crexi

    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 Kurz & Hebert

    HighLights

    • +/- 3200 SF office/warehouse space
    • 50/50 ratio of office and warehouse space
    • Newly installed windows
    • Freshly painted interior and exterior
    • Located on Airline Hwy
    • Proximity to Lowe's and Hwy 44 in Gonzales

    Overview

    This +/- 3200 SF flex space is an office/warehouse property featuring a 50/50 ratio of office and warehouse space. The property has been freshly painted inside and out and includes new windows. It is located on Airline Hwy in Gonzales, Louisiana, in close proximity to Lowe's and Hwy 44.
    Property Profile Location Intelligence

    Current Use by Public Records

    General Warehousing Inc Storage Facility Picou Brothers Construction ... Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Family Traditions Catering — Gonzales, LA 70737
    • Cashio's Catering — 217 N Airline Hwy, Gonzales, LA 70737

    Location Insight

    • Map
    • Local Demand
    City
    Gonzales
    County
    Ascension
    State
    Louisiana
    Longitude
    -90.926448
    Latitude
    30.2532482

    Nearby Similar for Lease

    • $450/Mo
      1,920 SF

      Office Suites in Gonzales, LA

      Recently renovated office suites available for lease in Gonzales.
      1214 E Cornerview St, Gonzales, LA 70737
      View Details
    • Contact for pricing
      1,350 SF

      Modern Office Suite For Rent

      Recently renovated 1,350 SF office suite in Mid-City.
      516 North Burnside Avenue, Gonzales, LA 70737
      View Details
    • $18 SF/Yr
      1,485 SF

      Retail Space For Rent

      Retail space available for lease with 1,485 square feet.
      12550 Airline Hwy, Gonzales, LA
      View Details
    • $9 SF/Yr
      4,000 SF

      Warehouse with Office and Roll-Up

      Warehouse with office space, roll-up door, and easy highway access.
      39386 Airline Plaza Pl, Gonzales, LA 70737
      View Details
    • $900/Mo
      850 SF

      Suburban Office and Retail Space

      Mixed-use center with ample parking and easy highway access.
      38058 LA 621 Suite , Gonzales, LA
      View Details
    • $15 SF/Yr
      1,905 SF

      Gonzales Office Space For Rent

      1,905 SF former engineering office space available for lease.
      1068 E Worthey St, Gonzales, LA
      View Details
    • $1,000/Mo
      700 SF

      Retail Space in Gonzales, LA

      700 SF retail space available for lease.
      14036 LA-44, Gonzales, LA
      View Details
    • Contact for pricing
      3,171 SF

      Office Suites for Sublease

      Two office suites available for sublease, ideal for medical practices.
      1702 N Burnside Ave, Gonzales, LA 70737
      View Details
    • Contact for pricing
      670 SF

      Office Space in Gonzales, LA

      Office space for rent in a growing residential area.
      6473 Hwy 44, Gonzales, LA
      View Details
    • Contact for pricing
      3,800 SF

      Industrial Single Tenant Space

      Industrial space available for lease, 3,800 square feet.
      2302 S Philippe Ave, Gonzales, LA 70737
      View Details
    • $16 SF/Yr
      5,600 SF

      Office/Warehouse Space in Gonzales

      5,600 SF office/warehouse space located near I-10.
      3127 S Darla Ave, Gonzales, LA 70737
      View Details
    • Contact for pricing
      29,250 SF

      Gonzales Flex/Retail Space For Lease

      Flex/service/retail space in Gonzales, with high visibility and parking.
      6351 Hwy 44, Gonzales, LA
      View Details

    FAQs

    What type of property is this?
    Flex space - Office/warehouse space with recent renovations, convenient location.
    Where is this flex space located?
    The property is located at 12608 Airline Hwy Gonzales, LA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: +/- 3200 SF office/warehouse space; 50/50 ratio of office and warehouse space; Newly installed windows
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Judah Vedros
    Real Estate License ID: LA 995701739
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12608 Airline Hwy, Gonzales, LA 70737
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!