Building Details

Year Built 2017

Listing Agency: MLM Real Estate s***@gmail.com Show Phone

Listed By: Sean Peterson Show Phone

Source: Cbcworldwide

Added: Mar 5 Changed: Jul 10 Last Checked: Aug 5 at 6:30AM

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Investment Insights

Based on property information with market context.

This 72,000-square-foot industrial complex is situated on a 40-acre site. It was purpose-built to support large-scale mining and energy operations. The property features a 20,725 SF office headquarters with private offices, conference rooms, training areas, kitchens, and locker-equipped restrooms. A 9,881 SF warehouse includes secure storage, heavy-duty racking, and multiple loading options. The property also features a 42,000 SF maintenance shop with 52-foot ceilings, 10 oversized doors, and four bridge cranes for heavy equipment handling. The site is fully fenced with a barbed-wire perimeter and includes reinforced concrete aprons and stabilized yard areas engineered for heavy vehicles, making it suitable for demanding industrial operations.

Key Highlights

• 72,000 SF industrial complex on 40 acres, purpose‑built for large‑scale operations
• 42,000 SF maintenance shop with 52‑foot ceilings, 10 oversized doors, and four bridge cranes**
• 20,725 SF office headquarters with private offices, conference rooms, and training areas

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

$513,346

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

7.13%

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%

$10,266,920 $10.3M

Cap Rate 7%

$7,333,514 $7.3M

Cap Rate 9%

$5,703,844 $5.7M

Market Conditions

NOI Build-Up for 72,000 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

$648.0K $9.00/SF

− Vacancy

−$44.1K −$0.61/SF

EGI

$603.9K $8.39/SF

− OpEx

−$90.6K −$1.26/SF

NOI

$513.3K $7.13/SF

Area

De Soto County, LA

Vacancy

6.80%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

15.00%

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%

$10,266,920

Cap Rate 7%

$7,333,514

Cap Rate 9%

$5,703,844

Alternative Uses

Best Use

Warehouse

$7.33M

$6.42M – $8.56M (±1% cap)

NOI $513,346 @ 7.0% cap · market cap 7.13%

Second Best

Industrial

$6.44M

$5.64M – $7.52M (±1% cap)

NOI $450,939 @ 7.0% cap · market cap 6.26%

Theoretical Best

Office A

$15.20M

$13.30M – $17.73M (±1% cap)

NOI $1,063,757 @ 7.0% cap · market cap 14.77%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Dolet Hills Lignite ... Electric Utility Company Dolet Hills Lignite Corporate Office

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 71063, LA

659

Population

373

Households

1.8

Avg Household Size

47

Median Age

10%

College-Educated

81%

High-School Grad

110.0 sq mi

ZIP Area

6

Density / Sq Mi

$41,652

Median Household Income

$40,385

Median Earnings

$73,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Manufacturing property - 72,000 SF industrial complex on 40 acres for sale.

Where is this manufacturing property located?

The property is located at 2002 Crow Lane Pelican, LA.

What is the asking price?

The asking price for this property is $7,200,000.

What are key features of this property?

This property features: 72,000 SF industrial complex on 40 acres, purpose‑built for large‑scale operations; 42,000 SF maintenance shop with 52‑foot ceilings, 10 oversized doors, and four bridge cranes**; 20,725 SF office headquarters with private offices, conference rooms, and training areas