Mixed-Use Property with Barn
For Sale
$645,000
2433 2435 E Milton Avenue, Youngsville, LA 70592
Commercial Sale, Youngsville, LA
Property Size3,246 SF
Lot Size1.04 Acres
Price / SF$198.71
Days on Market10
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 2, Bathroom 3, Bathroom 1
Lot features
Level
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
3,246 SF
Lot size
1.04 Acres
Taxes and HOA fees
Tax Description
LOT 4-A SEC 2 T11 R4E (1 ACRE)(180X242)
Tax Annual Amount
1030
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
Ceiling Fan(s), Central Air
Building Details
Floors in Building
2
Flooring type
Wood, Concrete
Building materials
Frame
Roof type
Composition, Metal
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Jayde Landry · License #995709224
(337) 501-9988
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2600009689
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.
The 1.04-acre property includes a restored historic home and a separate barn apartment with a loft. Together, the buildings contain 3,246 square feet, and a pond is also on the site. The property is zoned CM-1 for commercial mixed use.
Located at 2433 and 2435 E Milton Avenue in Youngsville, the property sits along the Milton Avenue corridor.
Located at 2433 and 2435 E Milton Avenue in Youngsville, the property sits along the Milton Avenue corridor.
Key Highlights
- 1.04‑acre property
- 3,246 square feet across the property
- CM‑1 commercial mixed‑use zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,610
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,200
$652.2K
Cap Rate 7%
$465,857
$465.9K
Cap Rate 9%
$362,333
$362.3K
Market Conditions
NOI Build-Up for 3,246 SF
Gross rent
$58.4K $18.00/SF
− Vacancy
−$6.3K −$1.93/SF
EGI
$52.2K $16.07/SF
− OpEx
−$19.6K −$6.03/SF
NOI
$32.6K $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%
$652,200
Cap Rate 7%
$465,857
Cap Rate 9%
$362,333
Alternative Uses
Best Use
Mixed Use
$465.9K
$407.6K – $543.5K
NOI $32,610 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$767.5K
$671.5K – $895.4K
NOI $53,723 @ 7.0% cap · market cap 8.33%
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CM-1 zoning and two separate structures define the property's mixed-use configuration.
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: 1.04‑acre property; 3,246 square feet across the property; CM‑1 commercial mixed‑use zoning
