Two-Building Flex
New
For Sale
Contact for pricing
18230 Swamp Rd, Prairieville, LA 70769
The campus combines office and warehouse space with drive-through loading, a stabilized yard, and upgraded building systems.
Property Size22,201 SF
Lot Size2.90 Acres
Price / SF$0.23
Days on Market6
Property Features for 18230 Swamp Rd
General Information
Standard status
Active
Size
22,201 SF
Lot size
2.90 Acres
Property subtype
Industrial
Zoning
R-
Lease Type
NNN
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Heavy Power
Yes
Additional Details
Property Use
Office/Warehouse
Amenities
Power
Water
Sewer
Vacant
Building Details
Year Renovated
2021
Buildings
2
Tenancy
Multi-Tenant
Listing Agency:
Derbes Falgoust Commercial Real Estate, LLC
Listed By:
Scot Guidry · License #37589
(225) 778-5858
Source:
Lacdb.resimplifi
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 26 at 4:01PM
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 Derbes Falgoust Commercial Real Estate, LLC
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Investment Insights
Based on property information with market context.
Two office-warehouse buildings totaling 22,201 square feet occupy a 2.9-acre property. The larger building contains 17,201 square feet, including 5,637 square feet of office space and 11,654 square feet of warehouse space; a separate breakdown describes the warehouse area differently, so that figure is not used here. Its office layout includes private offices, conference rooms, open workspace, a bullpen, a kitchen, and three bathrooms. The warehouse has drive-through bays and interior connections between its five sections. The second building contains 5,000 square feet, with 3,100 square feet of office space and 1,900 square feet of warehouse space.
Both buildings were renovated in 2021. Improvements include updated HVAC and roofing, while the larger building also has a stabilized yard of approximately one acre. Gas, water, and electricity serve the property. The larger building includes 16- and 12-foot eaves, and the smaller building has 16-foot eaves. The property is just off Perkins Road in Prairieville, Louisiana.
Both buildings were renovated in 2021. Improvements include updated HVAC and roofing, while the larger building also has a stabilized yard of approximately one acre. Gas, water, and electricity serve the property. The larger building includes 16- and 12-foot eaves, and the smaller building has 16-foot eaves. The property is just off Perkins Road in Prairieville, Louisiana.
Key Highlights
- Two office‑warehouse buildings with 22,201 square feet on 2.9 acres
- Larger building: 17,201 square feet, including 5,637 square feet of office space
- Smaller building: 5,000 square feet, with 3,100 square feet of office and 1,900 square feet of warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,338
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,266,760
$2.3M
Cap Rate 7%
$1,619,114
$1.6M
Cap Rate 9%
$1,259,311
$1.3M
Market Conditions
NOI Build-Up for 22,201 SF
Gross rent
$173.2K $7.80/SF
− Vacancy
−$11.3K −$0.51/SF
EGI
$161.9K $7.29/SF
− OpEx
−$48.6K −$2.19/SF
NOI
$113.3K $5.11/SF
Area
Ascension 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 Rate 5%
$2,266,760
Cap Rate 7%
$1,619,114
Cap Rate 9%
$1,259,311
Alternative Uses
Best Use
Flex RnD
$2.60M
$2.27M – $3.03M
NOI $181,940 @ 7.0% cap · market cap 3,638.80%
Second Best
Warehouse
$1.89M
$1.65M – $2.20M
NOI $132,256 @ 7.0% cap · market cap 2,645.12%
Theoretical Best
Office A
$4.87M
$4.26M – $5.68M
NOI $341,007 @ 7.0% cap · market cap 6,820.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70769, LA
46,671
Population
17,557
Households
2.7
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
47.9 sq mi
ZIP Area
974
Density / Sq Mi
$114,707
Median Household Income
$59,552
Median Earnings
$1,245
Median Rent
$295,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The campus combines office and warehouse space with drive-through loading, a stabilized yard, and upgraded building systems.
Where is this flex space located?
The property is located at 18230 Swamp Rd Prairieville, LA.
What are key features of this property?
This property features: Two office‑warehouse buildings with 22,201 square feet on 2.9 acres; Larger building: 17,201 square feet, including 5,637 square feet of office space; Smaller building: 5,000 square feet, with 3,100 square feet of office and 1,900 square feet of warehouse
