Industrial Flex Property with
For Sale
$695,000
1300 Berard St, Breaux Bridge, LA 70517
Flexible office and warehouse improvements with covered exterior areas and Interstate 10 access support varied commercial operations.
Property Size12,097 SF
Lot Size2.00 Acres
Price / SF$57.45
Days on Market40
Property Features for 1300 Berard St
General Information
Standard status
Active
Size
12,097 SF
Lot size
2.00 Acres
Warehouse & Industrial
Warehouse Space
4,793 SF
Office Build-Out
7,304 SF
Additional Details
Highway Access
Yes
Amenities
75 KW diesel backup generator
Listing Agency:
Real Broker, LLC
Listed By:
Robbie Breaux · License #76395
(337) 658-5690
Source:
Athomerealtyla
Added: Aug 2
Changed: Sep 8
Last Checked: Sep 9 at 8:47PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
Located at 1300 N Berard St in Breaux Bridge, this flex property includes approximately 12,097 square feet of improvements on 2.00 acres. The primary building combines 7,304 SF of office area with 4,793 SF of warehouse space, creating a functional mix for commercial and industrial users. Two covered canopy areas add approximately 4,000 SF for equipment storage, loading, or exterior work.
The property offers access to Interstate 10 and includes a 75 KW diesel backup generator. Its configuration and outdoor coverage support distribution, logistics, manufacturing, service, and contractor-oriented operations, while the combination of office, warehouse, and site improvements provides flexibility for owner-users and investors.
The property offers access to Interstate 10 and includes a 75 KW diesel backup generator. Its configuration and outdoor coverage support distribution, logistics, manufacturing, service, and contractor-oriented operations, while the combination of office, warehouse, and site improvements provides flexibility for owner-users and investors.
Key Highlights
- Approximately 12,097 square feet of improvements on 2.00 acres
- 7,304 SF of office space and 4,793 SF of warehouse space
- Two covered canopy areas totaling approximately 4,000 SF
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
$61,756
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
8.89%
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%
$1,235,120
$1.2M
Cap Rate 7%
$882,229
$882.2K
Cap Rate 9%
$686,178
$686.2K
Market Conditions
NOI Build-Up for 12,097 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
$94.4K $7.80/SF
− Vacancy
−$6.1K −$0.51/SF
EGI
$88.2K $7.29/SF
− OpEx
−$26.5K −$2.19/SF
NOI
$61.8K $5.11/SF
Area
St. Martin 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 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%
$1,235,120
Cap Rate 7%
$882,229
Cap Rate 9%
$686,178
Alternative Uses
Best Use
Office B
$1.98M
$1.74M – $2.31M
NOI $138,813 @ 7.0% cap · market cap 19.97%
Second Best
Flex RnD
$1.13M
$986.0K – $1.31M
NOI $78,882 @ 7.0% cap · market cap 11.35%
Theoretical Best
Office A
$2.66M
$2.32M – $3.10M
NOI $185,955 @ 7.0% cap · market cap 26.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70517, LA
26,434
Population
11,884
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
168.7 sq mi
ZIP Area
157
Density / Sq Mi
$58,342
Median Household Income
$40,119
Median Earnings
$938
Median Rent
$151,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible office and warehouse improvements with covered exterior areas and Interstate 10 access support varied commercial operations.
Where is this flex space located?
The property is located at 1300 Berard St Breaux Bridge, LA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Approximately 12,097 square feet of improvements on 2.00 acres; 7,304 SF of office space and 4,793 SF of warehouse space; Two covered canopy areas totaling approximately 4,000 SF
