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Metal Flex Space Building
For Sale
$225,000

30549 Highway 22, Springfield, LA 70462

Metal flex building with open interior layout, bar area, restrooms, storage, and a large gravel parking area.

Property Size2,452 SF
Price / SF$91.76
Days on Market66

Property Features for 30549 Highway 22

General Information

Standard status Active
Size 2,452 SF

Building Details

Construction metal
Listing Agency: DRUDE RENTAL MANAGEMENT
Listed By: April Carriere
Source: Exprealty
Added: May 28 Changed: Jul 31 Last Checked: Jul 31 at 6:07AM

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 DRUDE RENTAL MANAGEMENT

Investment Insights

Based on property information with market context.

Metal flex space on a generous lot with an open floor plan and an industrial-style interior design. The building includes a bar area, restrooms, and storage space, along with ample parking. With its flexible layout, the property was previously utilized as an entertainment venue and could support a range of commercial uses such as a bar, restaurant, event venue, retail space, warehouse, or other business operation.

The property is located at 30549 Highway 22 in Springfield, LA, and features easy access. A large gravel parking area supports customer and operational needs for day-to-day use.

The combination of an open interior, dedicated bar and restroom areas, and on-site parking makes the space well suited for an owner-operator or a tenant seeking a versatile commercial footprint under one roof.

Key Highlights

  • 2452 SF metal flex building with open floor plan
  • Includes bar area, restrooms, and storage space
  • Large gravel parking area for vehicles

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $23.8k $9.72
− Vacancy −$474 −$0.19
EGI $23.4k $9.53
− OpEx −$3.5k −$1.43
NOI $19.9k $8.10
2,452 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$283.6K
$248.2K – $330.9K (±1% cap)
NOI $19,855 @ 7.0% cap · market cap 8.82%
Second Best
Industrial
$233.6K
$204.4K – $272.5K (±1% cap)
NOI $16,351 @ 7.0% cap · market cap 7.27%
Theoretical Best
Specialty Retail
$587.2K
$513.8K – $685.1K (±1% cap)
NOI $41,106 @ 7.0% cap · market cap 18.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Real Estate Agency Pharmacy Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70462, LA

5,490
Population
3,042
Households
1.8
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
79.6 sq mi
ZIP Area
69
Density / Sq Mi
$62,520
Median Household Income
$32,195
Median Earnings
$1,393
Median Rent
$238,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Metal flex building with open interior layout, bar area, restrooms, storage, and a large gravel parking area.
Where is this flex space located?
The property is located at 30549 Highway 22 Springfield, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2452 SF metal flex building with open floor plan; Includes bar area, restrooms, and storage space; Large gravel parking area for vehicles
More about this property
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