306 Simon Road, Youngsville, LA 70592
Nearly 26 acres with an existing 4,000 metal shop, currently used for sugarcane and offered for flexible use.
Property Features for 306 Simon Road
General Information
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Investment Insights
Based on property information with market context.
The property is located just south of Youngsville off Verot School Road. Directions provided include taking Verot School Road south, turning right on Simon Rd before reaching Chemin Agreable Road, with the property on the right.
For buyers looking for rural land with an on-site outbuilding, the existing shop can support a variety of small-farm or owner-operator uses, while the land itself remains suited to agricultural production. The owner would also consider selling the land and carving out 1.75 acres where the shop is located, which may help streamline plans for a smaller footprint while keeping the improvements in place. Prospective buyers should review the flood zone information as part of their due diligence and planning for future use.
Key Highlights
- Nearly 26 acres just south of Youngsville off Verot School Road
- Includes an existing 4,000 sq. ft. metal shop on the property
- Currently used for agriculture (sugarcane)
Financial Insights For Flex RnD
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 | $36.0k | $9.00 |
| − Vacancy | −$180 | −$0.05 |
| EGI | $35.8k | $8.96 |
| − OpEx | −$12.5k | −$3.13 |
| NOI | $23.3k | $5.82 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 70592, LA
Market
Vacancy Rate% for Industrial in South region