Manufacturing
For Sale
$300,000
30029 INDUSTRIAL DR, Walker, LA 70785
Commercial Sale, Walker, LA
Property Size3,500 SF
Lot Size0.00 Acres
Price / SF$85.71
Days on Market590
Property Features for 30029 INDUSTRIAL DR
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Directions
Off Florida Blvd in Walker turn onto Industrial Dr, building is on left blue and white building.
Subdivision
LIV MLS Area 82
Standard status
Active
Size
3,500 SF
Lot size
0.00 Acres
Additional Details
Currently Operating
Yes
Property Use
Cabinet Shop
Taxes and HOA fees
Tax Description
Lot 8 of Martins industrial park sec.35-6-3
Legal Description
Lot 8 of Martins industrial park sec.35-6-3
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2010
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Dawson Grey Real Estate
Listed By:
Martha Boutwell · License #0995692796
(225) 325-5555
Added: Mar 13, 2025
Changed: Oct 23
Last Checked: Oct 23 at 4:06PM
MLS# 2025004417
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,500-square-foot manufacturing property in Walker is currently used for cabinet production. Built in 2010, the building has metal siding and a metal roof, with central heating and central air conditioning.
A parking lot serves the property. Public water and public sewer are available.
A parking lot serves the property. Public water and public sewer are available.
Key Highlights
- Currently used for cabinet production
- 3,500 square feet of building area
- Built in 2010
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,340
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,800
$466.8K
Cap Rate 7%
$333,429
$333.4K
Cap Rate 9%
$259,333
$259.3K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$34.0K $9.72/SF
− Vacancy
−$677 −$0.19/SF
EGI
$33.3K $9.53/SF
− OpEx
−$10.0K −$2.86/SF
NOI
$23.3K $6.67/SF
Area
Livingston County, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,800
Cap Rate 7%
$333,429
Cap Rate 9%
$259,333
Alternative Uses
Best Use
Industrial
$333.4K
$291.8K – $389.0K
NOI $23,340 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$838.2K
$733.4K – $977.9K
NOI $58,675 @ 7.0% cap · market cap 19.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 70785, LA
22,569
Population
8,555
Households
2.6
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
93.3 sq mi
ZIP Area
242
Density / Sq Mi
$84,551
Median Household Income
$52,025
Median Earnings
$1,059
Median Rent
$235,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - The property is presently used for cabinet production.
Where is this manufacturing property located?
The property is located at 30029 INDUSTRIAL DR Walker, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Currently used for cabinet production; 3,500 square feet of building area; Built in 2010
