Mixed-Use Property with Barn
New
For Sale
$645,000
2433 2435 E Milton Avenue, Youngsville, LA 70592
Commercial Sale, Youngsville, LA
Property Size3,341 SF
Lot Size1.04 Acres
Price / SF$193.06
Days on Market3
Property Features for 2433 2435 E Milton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Off Street
Exterior features
Partially Fenced, Outside Storage
Fencing
Partial
Lot features
Level, Water Frontage
Directions
Verot School Road to 3rd exit at roundabout to E Milton Avenue, property is on the left
Subdivision
O
Standard status
Active
APN
6122295
Size
3,341 SF
Lot size
1.04 Acres
Taxes and HOA fees
Tax Description
LOT 4-A SEC 2 T11 R4E (1 ACRE)(180X242)
Legal Description
LOT 4-A SEC 2 T11 R4E (1 ACRE)(180X242)
Utilities
Sewer type
Private Sewer
Heating system
Heat Pump (Heating), Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Floors in Building
2
Flooring type
Wood, Concrete
Roof type
Composition, Metal
Additional Structures
Storage
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Jayde Landry · License #995709224
(337) 501-9988
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 6:06AM
MLS# 2600009689
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.
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Investment Insights
Based on property information with market context.
This 3,341-square-foot mixed-use property includes a restored historic home and a separate barn apartment with a loft. Wood and concrete flooring, central air, ceiling fans, and heat-pump and natural-gas heating are among the building features. The site also has outside storage, partial fencing, and off-street parking.
The property occupies 1.04 acres on E Milton Avenue in Youngsville, Louisiana. CM-1 zoning designates the site for commercial mixed-use purposes.
The property occupies 1.04 acres on E Milton Avenue in Youngsville, Louisiana. CM-1 zoning designates the site for commercial mixed-use purposes.
Key Highlights
- 3,341 square feet of property space
- 1.04‑acre site on E Milton Avenue in Youngsville
- CM‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,565
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,300
$671.3K
Cap Rate 7%
$479,500
$479.5K
Cap Rate 9%
$372,944
$372.9K
Market Conditions
NOI Build-Up for 3,341 SF
Gross rent
$60.1K $18.00/SF
− Vacancy
−$6.4K −$1.93/SF
EGI
$53.7K $16.07/SF
− OpEx
−$20.1K −$6.03/SF
NOI
$33.6K $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%
$671,300
Cap Rate 7%
$479,500
Cap Rate 9%
$372,944
Alternative Uses
Best Use
Mixed Use
$479.5K
$419.6K – $559.4K
NOI $33,565 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$789.9K
$691.2K – $921.6K
NOI $55,295 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
Demographics for 70592, LA
28,975
Population
11,583
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
682
Density / Sq Mi
$93,453
Median Household Income
$53,063
Median Earnings
$1,106
Median Rent
$239,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CM-1 zoning and separate residential-style structures support a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 2433 2435 E Milton Avenue Youngsville, LA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 3,341 square feet of property space; 1.04‑acre site on E Milton Avenue in Youngsville; CM‑1 zoning
