Industrial Flex Space with
For Sale
$320,000
30035 Industrial Dr, Walker, LA 70785
Configured with warehouse improvements, office space, climate control, kitchen facilities, and commercial-grade electrical service.
Property Size3,604 SF
Price / SF$88.79
Days on Market51
Property Features for 30035 Industrial Dr
General Information
Standard status
Active
Size
3,604 SF
Warehouse & Industrial
Warehouse Space
5,000 SF
Office Build-Out
900 SF
Voltage
240 V
Three-Phase Power
Yes
Additional Details
Furnished
Yes
Utilities to Site
Yes
Listing Agency:
Covington & Associates Real Estate, LLC
Listed By:
Lindsey Noto · License #0995688147
(225) 362-0292
Source:
Smithsquared
Added: Aug 17
Changed: Sep 16
Last Checked: Oct 4 at 3:50PM
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 Covington & Associates Real Estate, LLC
Investment Insights
Based on property information with market context.
This 3604-square-foot flex space combines an industrial warehouse with a climate-controlled office component. The property includes two 12' x 12' roll-up doors, LED lighting, two 1.5-ton overhead swing cranes, 3-phase power, and 240V electrical service. The office area has a brick-front entry, a separate office, a full kitchen with new flooring, and two bathrooms, including one full bathroom with a shower.
Located at 30035 Industrial Dr in Walker, Louisiana, the property also includes kitchen appliances and select office furniture that can remain. The combination of warehouse infrastructure and finished administrative space supports a range of industrial or commercial operations.
Located at 30035 Industrial Dr in Walker, Louisiana, the property also includes kitchen appliances and select office furniture that can remain. The combination of warehouse infrastructure and finished administrative space supports a range of industrial or commercial operations.
Key Highlights
- 3604‑square‑foot flex space at 30035 Industrial Dr, Walker, LA 70785
- Two 12' x 12' roll‑up doors and LED warehouse lighting
- Two 1.5‑ton overhead swing cranes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,184
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,680
$583.7K
Cap Rate 7%
$416,914
$416.9K
Cap Rate 9%
$324,267
$324.3K
Market Conditions
NOI Build-Up for 3,604 SF
Gross rent
$35.0K $9.72/SF
− Vacancy
−$697 −$0.19/SF
EGI
$34.3K $9.53/SF
− OpEx
−$5.2K −$1.43/SF
NOI
$29.2K $8.10/SF
Area
Livingston County, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,680
Cap Rate 7%
$416,914
Cap Rate 9%
$324,267
Alternative Uses
Best Use
Office B
$492.4K
$430.9K – $574.5K
NOI $34,471 @ 7.0% cap · market cap 10.77%
Second Best
Warehouse
$416.9K
$364.8K – $486.4K
NOI $29,184 @ 7.0% cap · market cap 9.12%
Theoretical Best
Specialty Retail
$863.1K
$755.2K – $1.01M
NOI $60,419 @ 7.0% cap · market cap 18.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Configured with warehouse improvements, office space, climate control, kitchen facilities, and commercial-grade electrical service.
Where is this flex space located?
The property is located at 30035 Industrial Dr Walker, LA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 3604‑square‑foot flex space at 30035 Industrial Dr, Walker, LA 70785; Two 12' x 12' roll‑up doors and LED warehouse lighting; Two 1.5‑ton overhead swing cranes
