Industrial Facility with Laydown
1306 Petroleum Pkwy Broussard, LA 70518
1306 Petroleum Pkwy, Broussard, LA, 70518
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For Sale
Contact for pricing
Industrial facility in St. Martin Parish Industrial Park with two grade-level doors and a supplemental laydown yard.
Property Size9,000 SF
Lot Size4.12 Acres
Price / SF$100
Days on Market99
Property Features for 1306 Petroleum Pkwy
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 4.12 Acres
- Property subtype
- Industrial
Listing agency
NAI Rampart
(504) 288-4100
Listed by
Reed Wiley, CCIM · License #LA BROK.995704349-ASA
Source
Crexi
Added: Apr 14 Updated: Jul 20 at 9:47PM Checked: Jul 20 at 9:47PM
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 NAI Rampart
Investment Insights
Based on property information with market context.
±9,000 SF industrial facility on ±4.12 acres in the St. Martin Parish Industrial Park in Broussard, Louisiana. The property features a functional layout supported by two grade-level doors, 3-phase electrical service, and a supplemental laydown yard for equipment or materials staging.
The site is located just off Highway 90, providing access to the Lafayette MSA and the broader South Louisiana industrial corridor. The property is fully zoned I-2 (Industrial – Enterprise Zone) per St. Martin Parish to support a variety of heavy industrial uses.
All measurements are approximate and not guaranteed, and should be verified by the purchaser. Zoning, overlays, and intended use should also be verified by the purchaser.
The site is located just off Highway 90, providing access to the Lafayette MSA and the broader South Louisiana industrial corridor. The property is fully zoned I-2 (Industrial – Enterprise Zone) per St. Martin Parish to support a variety of heavy industrial uses.
All measurements are approximate and not guaranteed, and should be verified by the purchaser. Zoning, overlays, and intended use should also be verified by the purchaser.
Key Highlights
- ±9,000 SF industrial facility on ±4.12 acres in the St. Martin Parish Industrial Park
- Two grade‑level doors for industrial/service operations
- 3‑phase electrical service and a supplemental laydown yard on site
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $6.00 |
| − Vacancy | −$270 | −$0.03 |
| EGI | $53.7k | $5.97 |
| − OpEx | −$8.1k | −$0.90 |
| NOI | $45.7k | $5.07 |
9,000 SF · lease $6.00/SF/yr · vacancy 0.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$652.4K
$570.9K – $761.2K
NOI $45,671 @ 7.0% cap · market cap 5.07%
Second Best
Industrial
$537.3K
$470.1K – $626.9K
NOI $37,611 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,954 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Thomas Petroleum
Professional Services
Similar For Sale Nearby
Similar Off Market Nearby
- USA Storage Centers - Broussard — 1321 Evangeline Thruway, Broussard, LA 70518
- Cubesmart — 1321 Evangeline Thruway, Broussard, LA 70518
FAQs
What type of property is this?
Warehouse - Industrial facility in St. Martin Parish Industrial Park with two grade-level doors and a supplemental laydown yard.
Where is this warehouse located?
The property is located at 1306 Petroleum Pkwy Broussard, LA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: ±9,000 SF industrial facility on ±4.12 acres in the St. Martin Parish Industrial Park; Two grade‑level doors for industrial/service operations; 3‑phase electrical service and a supplemental laydown yard on site
