Office Warehouse with Private
For Sale
$460,000
204 Jared Drive, Broussard, LA 70518
Commercial Sale, Broussard, LA
Property Size4,000 SF
Lot Size0.34 Acres
Price / SF$115
Days on Market167
Property Features for 204 Jared Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Subdivision
Commercial Park South
Directions
From Ambassador Caffery Parkway, head south on US-90 toward Broussard. Take the exit for South Bernard Road and turn left, then turn right onto Eola Road. Continue straight and turn right onto Jared Drive. The building will be on your right.
Standard status
Active
APN
6142815
Size
4,000 SF
Lot size
0.34 Acres
Additional Details
Property Use
Office/Warehouse
Taxes and HOA fees
Tax Description
LOT 40 COMMERCIAL PARK SOUTH (95X157.37X94.98X156.97)
Tax Annual Amount
3725
Legal Description
LOT 40 COMMERCIAL PARK SOUTH (95X157.37X94.98X156.97)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Frame, Metal Siding
Roof type
Metal
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Caitlyn Williams · License #0995684676
(337) 278-2048
Added: May 18
Changed: Oct 29
Last Checked: Oct 31 at 10:06AM
MLS# 2600004397
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,000-square-foot office and warehouse property includes 1,650 square feet of office space and a 2,350-square-foot warehouse. The office area is arranged with six private offices, a reception area, a kitchenette, and two restrooms. An open warehouse layout provides overhead storage, two overhead doors, and three-phase electrical service.
The 0.34-acre property is located in Broussard, Louisiana, within Commercial Park South. I-1 zoning applies. Central heating and air conditioning serve the building, with public water and sewer connections.
The 0.34-acre property is located in Broussard, Louisiana, within Commercial Park South. I-1 zoning applies. Central heating and air conditioning serve the building, with public water and sewer connections.
Key Highlights
- 4,000‑square‑foot building on 0.34 acres
- 1,650 square feet of office space with six private offices
- 2,350‑square‑foot open warehouse with overhead storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,185
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,700
$803.7K
Cap Rate 7%
$574,071
$574.1K
Cap Rate 9%
$446,500
$446.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$7.7K −$1.93/SF
EGI
$64.3K $16.07/SF
− OpEx
−$24.1K −$6.03/SF
NOI
$40.2K $10.05/SF
Area
Lafayette County, LA
Vacancy
10.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,700
Cap Rate 7%
$574,071
Cap Rate 9%
$446,500
Alternative Uses
Best Use
Mixed Use
$574.1K
$502.3K – $669.8K
NOI $40,185 @ 7.0% cap · market cap 8.74%
Second Best
Warehouse
$290.0K
$253.7K – $338.3K
NOI $20,298 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$945.7K
$827.5K – $1.10M
NOI $66,202 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
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Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An I-1-zoned commercial property pairs dedicated office space with a warehouse equipped for three-phase electrical service.
Where is this mixed-use property located?
The property is located at 204 Jared Drive Broussard, LA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 4,000‑square‑foot building on 0.34 acres; 1,650 square feet of office space with six private offices; 2,350‑square‑foot open warehouse with overhead storage
