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    Climate Controlled Warehouse Near Highway Title is generated by Realmo AI

    212 Tubing Road, Broussard, LA 70518

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    Claim this Listing
    For Sale
    $399,000

    COMMERCIAL - Broussard, LA

    Property size:
    4,000 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $99/SF
    Added:
    Mar 11, 2026
    Days on Market:
    67
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 212 Tubing Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 1, Bathroom 3
    Parking features
    Off Street, Covered
    Exterior features
    OH Door 10 - 15 Ft, Partially Fenced
    Fencing
    Partial
    Standard status
    Active
    APN
    6043915
    Size
    4,000 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Description
    Lot 89-A Voorhies Industrial Park (0.534 Ac) (100X215x105x250)

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Ceiling Fan(s), Window Unit(s), Central Air
    Water source
    Private

    Building Details

    Floors in Building
    2
    Flooring type
    Tile - Ceramic, Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    William G Raines
    William G Raines

    Listing agent William G Raines License #0995684992

    Listing office HUNCO Real Estate 822 Harding St Ste 200, Lafayette, LA

    Listing date Mar 11, 2026

    MLS# 2600001922

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Climate Controlled: Fully air‑conditioned interior.
    • Highway Accessibility: Conveniently located near Highway 90.
    • Recent Upgrades: Brand‑new exterior walls and fully replaced roof.
    • Large Roll‑Up Door: Massive glass roll‑up door for loading and natural light.
    • Expansive Lot: Ample space for outdoor storage, parking, or expansion.
    • Versatile Space: Suitable for warehouse operations, manufacturing, distribution, or commercial ventures.

    Overview

    This climate-controlled warehouse offers a versatile and well-maintained facility. Situated on a lot near Highway 90, the property provides accessibility for manufacturing, distribution, or commercial ventures. The 4,000 square foot building features a fully air-conditioned interior space, ensuring optimal conditions for equipment, inventory, and personnel. A glass roll-up door provides loading access and natural light, making this space suited for warehouse operations or a large-scale fitness facility. Recent upgrades include new exterior walls and a replaced roof. The lot size is 0.5 acres, providing room for outdoor storage, fleet parking, or future expansion. The property is located in Broussard, Louisiana.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $225.5K
    NOI $20,298 @ 9.00% cap · cautious / downside scenario
    Moderate
    $290.0K
    NOI $20,298 @ 7.00% cap · market / base-case scenario
    Aggressive
    $406.0K
    NOI $20,298 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Warehouse

    Component $ $/SF
    Gross rent $24.0k $6.00
    − Vacancy −$120 −$0.03
    EGI $23.9k $5.97
    − OpEx −$3.6k −$0.90
    NOI $20.3k $5.07
    4,000 SF · lease $6.00/SF/yr · vacancy 0.50% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $290.0K
    $253.7K – $338.3K (±1% cap)
    NOI $20,298 @ 7.0% cap · market cap 5.09%
    Second Best
    Industrial
    $238.8K
    $209.0K – $278.6K (±1% cap)
    NOI $16,716 @ 7.0% cap · market cap 4.19%
    Theoretical Best
    Office A
    $945.7K
    $827.5K – $1.10M (±1% cap)
    NOI $66,202 @ 7.0% cap · market cap 16.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • AAA U-Store-UM — 3515 Hwy 90 E, Broussard, LA 70518
    • Acadiana Movers — 120 Southpark Rd, Lafayette, LA 70508
    • Southpark Self Storage — 3540 W Pinhook Rd, Lafayette, LA 70508
    • All American Transfer And Storage — 120 Southpark Rd, Lafayette, LA 70508

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.98143
    Latitude
    30.166836

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    • $429,000
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      Climate-Controlled Warehouse in Broussard

      4,000 sqft climate-controlled warehouse available for sale in Broussard.
      212 Tubing Rd, Broussard, LA 70518
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile, well-maintained commercial property with unmatched accessibility and recent upgrades.
    Where is this warehouse located?
    The property is located at 212 Tubing Road Broussard, LA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Climate Controlled: Fully air‑conditioned interior.; Highway Accessibility: Conveniently located near Highway 90.; Recent Upgrades: Brand‑new exterior walls and fully replaced roof.
    (337) 344-7173
    We can help!
    Listing Contact
    William G Raines
    William G Raines
    Real Estate License ID: 0995684992
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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