Flex Space with Office and
For Sale
$365,000
30047 Industrial Pk Dr, Walker, LA 70785
Flex property combines warehouse space with dedicated office area and roll-up access.
Property Size4,896 SF
Price / SF$74.55
Days on Market258
Property Features for 30047 Industrial Pk Dr
General Information
Standard status
Active
Size
4,896 SF
Property subtype
Industrial
Listing Agency:
RE/MAX Partners
(225) 954-4747
Listed By:
Doug Ferris
(225) 954-4747
Source:
Lacdb.resimplifi
Added: Dec 15, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:45AM
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 RE/MAX Partners
Investment Insights
Based on property information with market context.
This flex property at 30047 Industrial Pk Dr in Walker, Louisiana, provides approximately 4,896 sq. ft. of combined office and warehouse space. The layout includes 3,296 sq. ft. designated for warehouse use, with three roll-up doors supporting loading and access, plus 1,600 sq. ft. of office area.
The property is currently occupied by a tenant and is scheduled to become available May 1, 2026. Prospective visitors should not disturb the tenant; additional property details are available through the listing agent.
The property is currently occupied by a tenant and is scheduled to become available May 1, 2026. Prospective visitors should not disturb the tenant; additional property details are available through the listing agent.
Key Highlights
- Approximately 4,896 sq. ft. of combined office and warehouse space
- 3,296 sq. ft. of warehouse area
- 1,600 sq. ft. of office space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,649
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$652,980
$653.0K
Cap Rate 7%
$466,414
$466.4K
Cap Rate 9%
$362,767
$362.8K
Market Conditions
NOI Build-Up for 4,896 SF
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.
Gross rent
$47.6K $9.72/SF
− Vacancy
−$947 −$0.19/SF
EGI
$46.6K $9.53/SF
− OpEx
−$14.0K −$2.86/SF
NOI
$32.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$652,980
Cap Rate 7%
$466,414
Cap Rate 9%
$362,767
Alternative Uses
Best Use
Office B
$669.0K
$585.4K – $780.5K
NOI $46,829 @ 7.0% cap · market cap 12.83%
Second Best
Warehouse
$566.4K
$495.6K – $660.8K
NOI $39,646 @ 7.0% cap · market cap 10.86%
Theoretical Best
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,078 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Balanced
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- L&M Gourmet Foods On The Go — 32787 Duff Rd, Walker, LA 70785
Frequently Asked Questions
What type of property is this?
Flex space - Flex property combines warehouse space with dedicated office area and roll-up access.
Where is this flex space located?
The property is located at 30047 Industrial Pk Dr Walker, LA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Approximately 4,896 sq. ft. of combined office and warehouse space; 3,296 sq. ft. of warehouse area; 1,600 sq. ft. of office space
