Fenced Construction Yard
324 W La Fayette St La Grange, TX 78945
324 W La Fayette St, La Grange, TX, 78945
$300,000
For Sale
$300,000
Secure, fenced construction yard with a two-story shop, apartment, and multiple overhead-door storage bays.
Property Size3,400 SF
Price / SF$88.24
Days on Market339
Property Features for 324 W La Fayette St
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing agency
Diggs Real Estate
(979) 968-6143
Listed by
Jerri ann Taylor · License #344158
Source
Buttross
Added: Aug 18, 2025 Updated: Jul 22 at 12:31AM Checked: Jul 22 at 6:32AM
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 Diggs Real Estate
Investment Insights
Based on property information with market context.
This fenced construction yard in the city limits of La Grange includes a two-story shop with an overhead door and an apartment on the second level. The apartment offers one bedroom and one bath.
Additional improvements include a four-bay shop with overhead doors and a four-bay open storage building. The yard is secured with a 6' fence, supporting controlled access for equipment and materials.
The property offers a mix of enclosed shop space and open storage designed to support general construction and contractor-style operations within the yard and its accessory buildings.
Additional improvements include a four-bay shop with overhead doors and a four-bay open storage building. The yard is secured with a 6' fence, supporting controlled access for equipment and materials.
The property offers a mix of enclosed shop space and open storage designed to support general construction and contractor-style operations within the yard and its accessory buildings.
Key Highlights
- Construction yard in the city limits of La Grange on 1/2 acre
- 6' fence provides security around the property
- Two‑story shop built in 2006 with an overhead door
Local 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 | $27.3k | $8.04 |
| − Vacancy | −$2.8k | −$0.82 |
| EGI | $24.5k | $7.22 |
| − OpEx | −$3.7k | −$1.08 |
| NOI | $20.9k | $6.14 |
3,400 SF · lease $8.04/SF/yr · vacancy 10.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 6.96%
Second Best
Industrial
$248.5K
$217.4K – $289.9K
NOI $17,394 @ 7.0% cap · market cap 5.80%
Theoretical Best
Multifamily LT 5
$38.12M
$33.35M – $44.47M
NOI $2,668,332 @ 7.0% cap · market cap 889.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Secure, fenced construction yard with a two-story shop, apartment, and multiple overhead-door storage bays.
Where is this flex space located?
The property is located at 324 W La Fayette St La Grange, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Construction yard in the city limits of La Grange on 1/2 acre; 6' fence provides security around the property; Two‑story shop built in 2006 with an overhead door
