Versatile Flex and Warehouse
1985 W Main St Schriever, LA 70395
1985 W Main St, Schriever, LA, 70395
$285,000
For Sale
$285,000
Versatile warehouse and flex setup with large roll-up doors, dedicated office with private room and full bathroom, and insulated interior.
Property Size3,977 SF
Price / SF$71.66
Days on Market87
Property Features for 1985 W Main St
General Information
- Standard status
- Active
- Size
- 3,977 SF
Listing agency
1 Percent Lists United
(985) 414-4036
Listed by
Belle Istre
(985) 414-4036
Source
Exprealty
Added: Apr 27 Updated: Jul 22 at 12:59AM Checked: Jul 22 at 7:47AM
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 1 Percent Lists United
Investment Insights
Based on property information with market context.
This versatile flex and warehouse facility is built for practical day-to-day operations, featuring large roll-up doors for vehicle or equipment access. The property also includes dedicated office space with a private room and a full bathroom. The building is fully insulated and has AC and heat throughout to support year-round comfort.
The property is located on high-traffic Highway 24 at the corner of the Water Plant Bridge, providing visibility and straightforward access from the main roadway.
As a flex-style layout, the combination of warehouse access and on-site office/bathroom supports businesses that need both storage and administrative space in the same facility.
The property is located on high-traffic Highway 24 at the corner of the Water Plant Bridge, providing visibility and straightforward access from the main roadway.
As a flex-style layout, the combination of warehouse access and on-site office/bathroom supports businesses that need both storage and administrative space in the same facility.
Key Highlights
- Located on Highway 24 at the corner of the Water Plant Bridge
- Large roll‑up doors provide vehicle or equipment access
- Dedicated office space includes a private room and a full bathroom
Local Financial Insights For Industrial
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 | $37.7k | $9.48 |
| − Vacancy | −$1.2k | −$0.29 |
| EGI | $36.5k | $9.19 |
| − OpEx | −$11.0k | −$2.76 |
| NOI | $25.6k | $6.43 |
3,977 SF · lease $9.48/SF/yr · vacancy 3.10% · expense 30.00%
Alternative Uses
Best Use
Office B
$890.5K
$779.2K – $1.04M
NOI $62,334 @ 7.0% cap · market cap 21.87%
Second Best
Flex RnD
$521.1K
$456.0K – $608.0K
NOI $36,480 @ 7.0% cap · market cap 12.80%
Theoretical Best
Office A
$1.10M
$959.3K – $1.28M
NOI $76,740 @ 7.0% cap · market cap 26.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Boudreaux's Stucco
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile warehouse and flex setup with large roll-up doors, dedicated office with private room and full bathroom, and insulated interior.
Where is this flex space located?
The property is located at 1985 W Main St Schriever, LA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Located on Highway 24 at the corner of the Water Plant Bridge; Large roll‑up doors provide vehicle or equipment access; Dedicated office space includes a private room and a full bathroom
