Flex Industrial Property with
For Sale
$695,000
1300 Berard Street, Breaux Bridge, LA 70517
COMMERCIAL - Breaux Bridge, LA
Property Size12,097 SF
Lot Size2.00 Acres
Price / SF$57.45
Days on Market47
Property Features for 1300 Berard Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking
20
Parking features
Parking Lot, Off Street
Exterior features
Fully Fenced, OH Door 10 - 15 Ft, Outside Storage, Stabilized Yard Base
Fencing
Full
Lot features
Level
Directions
E. Pinhook to Carmel Drive which turns into W. mills Ave/ Hwy 94- follow Hwy 94 into Breaux Bridge- left onto Berard St. - Property on Right.
Subdivision
M1
Standard status
Active
APN
06901e3240
Size
12,097 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Description
2 AC: LANDRY ET AL, GUCHEREAU, STRIP, HWY. 31 (LOT 1 F) COB: 834-288-197681 906-578-214193 1607-362-451267
Legal Description
2 AC: LANDRY ET AL, GUCHEREAU, STRIP, HWY. 31 (LOT 1 F) COB: 834-288-197681 906-578-214193 1607-362-451267
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
backup generator
Building Details
Floors in Building
2
Flooring type
Tile, Concrete
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Robbie Breaux · License #76395
(337) 658-5690
Added: Jun 26
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 2600005839
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 versatile industrial property includes 7,304 SF of office space and 4,793 SF of warehouse space within a combined main building. Two additional covered canopy areas totaling approximately 4,000 SF add practical space for equipment storage, loading, or outdoor work. The property is situated on 2.00 acres and includes ample outdoor areas to support day-to-day operations. For added reliability, the building is equipped with a 75 KW diesel backup generator.
Located in Breaux Bridge, the property offers convenient access to Interstate 10, supporting regional connectivity for distribution, logistics, manufacturing, service operations, or contractor-based businesses. The overall site layout is designed to accommodate both indoor production or storage needs and outdoor work requirements.
With its mix of office and warehouse improvements plus covered exterior space, this is a strong fit for owner-users who need a functional operational headquarters and storage capability in one location. It also provides a flexible option for investors seeking an industrial-flex asset that can serve a range of commercial and industrial tenants, supported by on-site backup power and a layout that supports varied operational workflows.
Located in Breaux Bridge, the property offers convenient access to Interstate 10, supporting regional connectivity for distribution, logistics, manufacturing, service operations, or contractor-based businesses. The overall site layout is designed to accommodate both indoor production or storage needs and outdoor work requirements.
With its mix of office and warehouse improvements plus covered exterior space, this is a strong fit for owner-users who need a functional operational headquarters and storage capability in one location. It also provides a flexible option for investors seeking an industrial-flex asset that can serve a range of commercial and industrial tenants, supported by on-site backup power and a layout that supports varied operational workflows.
Key Highlights
- 2.00 acres with approx. 12,097 total SF of improvements: 7,304 SF office and 4,793 SF warehouse
- Includes approx. 4,000 SF of covered canopy areas for equipment storage, loading, or outdoor work
- Main building has a 75 KW diesel backup generator for operational reliability
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Under-served
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-flex building with office, warehouse, covered canopies, and a 75 KW diesel generator for business continuity.
Where is this flex space located?
The property is located at 1300 Berard Street 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: 2.00 acres with approx. 12,097 total SF of improvements: 7,304 SF office and 4,793 SF warehouse; Includes approx. 4,000 SF of covered canopy areas for equipment storage, loading, or outdoor work; Main building has a 75 KW diesel backup generator for operational reliability
