Warehouse with Office and
231 Tubing Road Broussard, LA 70518
231 Tubing Road, Broussard, LA, 70518
Contact for pricing
For Sale
Contact for pricing
Clean warehouse with office, canopy, and ample yard space.
Property Size6,750 SF
Price / SF$77.78
Days on Market60
Property Features for 231 Tubing Road
General Information
- Standard status
- Active
- Size
- 6,750 SF
- Property subtype
- Industrial
Listing Agency
Stirling Properties Lafayette
(337) 234-4481
Listed by
Charles Cornay · License #LA 47933
Source
Crexi
Added: May 18 Checked: Jul 13 at 7:19 am
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 Properties 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
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $6.00 |
| − Vacancy | −$203 | −$0.03 |
| EGI | $40.3k | $5.97 |
| − OpEx | −$6.0k | −$0.90 |
| NOI | $34.3k | $5.07 |
6,750 SF · lease $6.00/SF/yr · vacancy 0.50% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
Similar Off Market 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
- Clima Secur Storage — 2829 SE Evangeline Thruway, Lafayette, LA 70508
FAQs
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 Road 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
