Warehouse with Office and
For Sale
$525,000
231 Tubing Rd, Broussard, LA 70518
Clean warehouse with office, canopy, and ample yard space.
Property Size6,750 SF
Price / SF$77.78
Days on Market430
Property Features for 231 Tubing Rd
General Information
Standard status
Active
Size
6,750 SF
Property subtype
Industrial
Zoning
LIGHT INDUSTRIAL
Amenities
Vacant
Listing Agency:
Stirling Lafayette
Listed By:
Charles Cornay · License #47933
(337) 234-4481
Source:
Lacdb.resimplifi
Added: Aug 12, 2025
Changed: Oct 5
Last Checked: Oct 14 at 7:45PM
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 Stirling Lafayette
Investment Insights
Based on property information with market context.
This property features a warehouse with 1,250 square feet of office space and 4,750 square feet of warehouse area, along with a 750-square-foot canopy. The property is located in Lafayette Parish, two blocks from Highway 90. It offers ample yard space suitable for storage and manufacturing. The property is ready for immediate occupancy.
Key Highlights
- Clean warehouse condition
- Immediate occupancy availability
- Convenient location: 2 blocks from HWY 90 in Lafayette Parish
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,253
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,060
$685.1K
Cap Rate 7%
$489,329
$489.3K
Cap Rate 9%
$380,589
$380.6K
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$40.5K $6.00/SF
− Vacancy
−$203 −$0.03/SF
EGI
$40.3K $5.97/SF
− OpEx
−$6.0K −$0.90/SF
NOI
$34.3K $5.07/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,060
Cap Rate 7%
$489,329
Cap Rate 9%
$380,589
Alternative Uses
Best Use
Office B
$1.12M
$981.9K – $1.31M
NOI $78,550 @ 7.0% cap · market cap 14.96%
Second Best
Warehouse
$489.3K
$428.2K – $570.9K
NOI $34,253 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,715 @ 7.0% cap · market cap 21.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
340
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Southpark Self Storage — 3540 W Pinhook Rd, Lafayette, LA 70508
- AAA U-Store-UM — 3515 Hwy 90 E, Broussard, LA 70518
- All American Transfer And Storage — 120 Southpark Rd, Lafayette, LA 70508
- Acadiana Movers — 120 Southpark Rd, Lafayette, LA 70508
- Clima Secur Storage — 2829 SE Evangeline Thruway, Lafayette, LA 70508
Frequently Asked Questions
What type of property is this?
Warehouse - Clean warehouse with office, canopy, and ample yard space.
Where is this warehouse located?
The property is located at 231 Tubing Rd Broussard, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Clean warehouse condition; Immediate occupancy availability; Convenient location: 2 blocks from HWY 90 in Lafayette Parish
