Flex Space with Climate-Controlled
For Sale
$950,000
213 Cummings Road, Broussard, LA 70518
Commercial Sale, Broussard, LA
Property Size9,050 SF
Lot Size0.87 Acres
Price / SF$104.97
Days on Market64
Property Features for 213 Cummings Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Light Indust
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking
15
Security features
Security System
Lot features
Level
Directions
From Hwy. 90 turn unto Cummings Rd. (Cummings is one street North of Shannon Hardware) it will be the last building on the left at the end of Cummings Rd.
Subdivision
H
Standard status
Active
APN
6157131
Size
9,050 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Description
P TR A-5 PAUL CUMMINGS INDUSTRIAL PARK (0.87 AC)(10-25763 PLAT)
Tax Annual Amount
4421
Legal Description
P TR A-5 PAUL CUMMINGS INDUSTRIAL PARK (0.87 AC)(10-25763 PLAT)
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Brennan Billeaud · License #0000069755
(337) 654-2591
Added: Aug 21
Changed: Oct 23
Last Checked: Oct 23 at 6:06PM
MLS# 2600007837
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 flex property contains 9,050 square feet, with 2,995 square feet of office area and 6,055 square feet of climate-controlled warehouse space. The layout includes 8 offices, a 14-foot eave height, and 2 roll-up doors. Metal siding, a metal roof, and concrete flooring are present, with central air and electric heating.
At 213 Cummings Road in Broussard, the property is just off Hwy. 90 and is zoned Light Indust. The 0.87-acre site has natural gas available and a septic tank.
At 213 Cummings Road in Broussard, the property is just off Hwy. 90 and is zoned Light Indust. The 0.87-acre site has natural gas available and a septic tank.
Key Highlights
- 9,050 square feet total: 2,995 SF of office and 6,055 SF of climate‑controlled warehouse space
- 8 offices
- 14' eave height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,678
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,053,560
$1.1M
Cap Rate 7%
$752,543
$752.5K
Cap Rate 9%
$585,311
$585.3K
Market Conditions
NOI Build-Up for 9,050 SF
Gross rent
$81.5K $9.00/SF
− Vacancy
−$407 −$0.05/SF
EGI
$81.0K $8.96/SF
− OpEx
−$28.4K −$3.13/SF
NOI
$52.7K $5.82/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,053,560
Cap Rate 7%
$752,543
Cap Rate 9%
$585,311
Alternative Uses
Best Use
Flex RnD
$752.5K
$658.5K – $878.0K
NOI $52,678 @ 7.0% cap · market cap 5.55%
Second Best
Warehouse
$656.1K
$574.1K – $765.4K
NOI $45,924 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,781 @ 7.0% cap · market cap 15.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The property combines dedicated office space with a climate-controlled warehouse.
Where is this flex space located?
The property is located at 213 Cummings Road Broussard, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 9,050 square feet total: 2,995 SF of office and 6,055 SF of climate‑controlled warehouse space; 8 offices; 14' eave height
