Mixed-Use Property with
For Sale
$999,900
30490 Highway 190, Lacombe, LA 70445
Multiple buildings combine warehouse, office, showroom, and residential components on a highway-fronting parcel.
Property Size6,500 SF
Lot Size1.74 Acres
Price / SF$153.83
Days on Market185
Property Features for 30490 Highway 190
General Information
Standard status
Active
Size
6,500 SF
Lot size
1.74 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Mixed-Use Components
warehouse, office, retail, residential
Additional Details
Currently Operating
Yes
Building Details
Building Size
6,500 SF
Buildings
4
Listing Agency:
Debra Sullivan Dream Homes, LLC
Listed By:
Debra Sullivan
(225) 939-3710
Source:
Debrasullivandreamhomes
Added: Apr 28
Changed: Oct 27
Last Checked: Oct 27 at 3:48AM
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 Debra Sullivan Dream Homes, LLC
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Investment Insights
Based on property information with market context.
This mixed-use property in Lacombe includes a warehouse with multiple overhead doors, dedicated office and showroom areas, and an upper-level loft. A separate building has a bathroom, while a detached garage/warehouse adds further enclosed space. A 16-by-80-foot mobile home with three bedrooms and two bathrooms is also on the property. The warehouse areas and outdoor space are currently in use and contain vehicles, granite equipment, slabs, and other materials.
The 1.74-acre site has more than 260 feet of frontage on U.S. Highway 190. Slidell, Mandeville, and the Interstate 12 corridor are identified as accessible from the property.
The 1.74-acre site has more than 260 feet of frontage on U.S. Highway 190. Slidell, Mandeville, and the Interstate 12 corridor are identified as accessible from the property.
Key Highlights
- 1.74 acres with more than 260 feet of frontage on U.S. Highway 190
- Warehouse with multiple overhead doors and dedicated office/showroom space
- Upper‑level loft, separate building with bathroom, and detached garage/warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,275
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,500
$1.3M
Cap Rate 7%
$961,071
$961.1K
Cap Rate 9%
$747,500
$747.5K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$117.0K $18.00/SF
− Vacancy
−$9.4K −$1.44/SF
EGI
$107.6K $16.56/SF
− OpEx
−$40.4K −$6.21/SF
NOI
$67.3K $10.35/SF
Area
St. Tammany County, LA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,500
Cap Rate 7%
$961,071
Cap Rate 9%
$747,500
Alternative Uses
Best Use
Mixed Use
$961.1K
$840.9K – $1.12M
NOI $67,275 @ 7.0% cap · market cap 6.73%
Second Best
Flex RnD
$877.3K
$767.6K – $1.02M
NOI $61,410 @ 7.0% cap · market cap 6.14%
Theoretical Best
Multifamily LT 5
$70.07M
$61.31M – $81.75M
NOI $4,904,952 @ 7.0% cap · market cap 490.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 70445, LA
10,866
Population
4,323
Households
2.5
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
108.3 sq mi
ZIP Area
100
Density / Sq Mi
$75,233
Median Household Income
$42,178
Median Earnings
$1,089
Median Rent
$220,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multiple buildings combine warehouse, office, showroom, and residential components on a highway-fronting parcel.
Where is this mixed-use property located?
The property is located at 30490 Highway 190 Lacombe, LA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 1.74 acres with more than 260 feet of frontage on U.S. Highway 190; Warehouse with multiple overhead doors and dedicated office/showroom space; Upper‑level loft, separate building with bathroom, and detached garage/warehouse
