Flex Space with Crane
For Sale
$340,000
30035 Industrial, Walker, LA 70785
Industrial flex property combines warehouse capacity with a climate-controlled office, kitchen, bathrooms, and upgraded electrical service.
Property Size3,604 SF
Price / SF$94.34
Days on Market75
Property Features for 30035 Industrial
General Information
Standard status
Active
Size
3,604 SF
Property subtype
Industrial
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
Amenities
Power
Water
Sewer
Listing Agency:
Covington & Associates Real Estate, LLC
Listed By:
Lawson Covington
(225) 791-9703
Source:
Lacdb.resimplifi
Added: Aug 3
Changed: Oct 7
Last Checked: Oct 14 at 7:51PM
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
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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 3,604-square-foot flex property combines industrial warehouse space with a 30' x 30' climate-controlled office area. The warehouse is equipped with LED lighting, two 12' x 12' roll-up doors, and two 1.5-ton overhead swing cranes. Electrical infrastructure includes 3-phase power and 240V service.
The office component includes a brick-front entry, a separate office, a full kitchen with new flooring, and two bathrooms. One bathroom includes a shower. Kitchen appliances and select office furniture may remain with the property, providing additional existing improvements for an owner-user or commercial occupant. The property is located at 30035 Industrial in Walker, Louisiana.
The office component includes a brick-front entry, a separate office, a full kitchen with new flooring, and two bathrooms. One bathroom includes a shower. Kitchen appliances and select office furniture may remain with the property, providing additional existing improvements for an owner-user or commercial occupant. The property is located at 30035 Industrial in Walker, Louisiana.
Key Highlights
- 3,604 SF flex property with warehouse and office components
- Two 12' x 12' roll‑up doors
- Two 1.5‑ton overhead swing cranes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,184
Cap Rate
8.58%
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 10.14%
Second Best
Warehouse
$416.9K
$364.8K – $486.4K
NOI $29,184 @ 7.0% cap · market cap 8.58%
Theoretical Best
Specialty Retail
$863.1K
$755.2K – $1.01M
NOI $60,419 @ 7.0% cap · market cap 17.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property combines warehouse capacity with a climate-controlled office, kitchen, bathrooms, and upgraded electrical service.
Where is this flex space located?
The property is located at 30035 Industrial Walker, LA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 3,604 SF flex property with warehouse and office components; Two 12' x 12' roll‑up doors; Two 1.5‑ton overhead swing cranes
