Industrial Flex Warehouse with
2940 South Ruby Street Gonzales, LA 70737
For Sale
$625,000
Flex warehouse with two 14' roll-up doors and well-finished office space, plus a rear laydown yard for outdoor storage.
Property Size5,000 SF
Price / SF$125
Days on Market32
Property Features for 2940 South Ruby Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Industrial - Flex - Industrial
Listing Agency:
ELIFIN Realty
(225) 485-0238
Listed By:
Alex Ruch · License #995714093
Source:
Commercialcafe
Added: Jun 23
Changed: Jul 23
Last Checked: Jul 23 at 7:29AM
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 ELIFIN Realty
Investment Insights
Based on property information with market context.
Industrial flex property for sale (and lease) featuring a warehouse component and a finished professional office area. The warehouse includes two 14' roll-up doors designed to support straightforward loading and logistics. The office space is laid out for daily operations with three private offices and a dedicated employee breakroom.
The property is positioned for access to major roadways, located about 0.5 miles from Interstate 10 (I-10) and about 0.2 miles from Highway 30 (LA-30). A stabilized laydown yard in the rear provides outdoor storage space for equipment and materials.
This offering is described as a Triple Net (NNN) lease opportunity, with estimated NNN expenses noted in the listing materials.
The property is positioned for access to major roadways, located about 0.5 miles from Interstate 10 (I-10) and about 0.2 miles from Highway 30 (LA-30). A stabilized laydown yard in the rear provides outdoor storage space for equipment and materials.
This offering is described as a Triple Net (NNN) lease opportunity, with estimated NNN expenses noted in the listing materials.
Key Highlights
- 5,000 SF industrial flex building with a 4,000 SF warehouse plus 1,000 SF well‑finished professional office space
- Warehouse includes two 14' roll‑up doors for logistics and easy access
- Office setup includes three private offices and a dedicated employee breakroom
Financial Insights For Office B
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 | $90.0k | $18.00 |
| − Vacancy | −$19.8k | −$3.96 |
| EGI | $70.2k | $14.04 |
| − OpEx | −$17.6k | −$3.51 |
| NOI | $52.7k | $10.53 |
5,000 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$752.1K
$658.1K – $877.5K
NOI $52,650 @ 7.0% cap · market cap 8.42%
Second Best
Flex RnD
$585.4K
$512.2K – $682.9K
NOI $40,976 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$1.10M
$960.0K – $1.28M
NOI $76,800 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Firehouse Subs Gonzales Cabela's — 2706 Cabela's Pkwy #130, Gonzales, LA 70737
- Soul Louisiana — 2021 Veterans Blvd, Gonzales, LA 70737
FAQs
What type of property is this?
Flex space - Flex warehouse with two 14' roll-up doors and well-finished office space, plus a rear laydown yard for outdoor storage.
Where is this flex space located?
The property is located at 2940 South Ruby Street Gonzales, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 5,000 SF industrial flex building with a 4,000 SF warehouse plus 1,000 SF well‑finished professional office space; Warehouse includes two 14' roll‑up doors for logistics and easy access; Office setup includes three private offices and a dedicated employee breakroom
