Warehouse with Office and Roll-Up
For Sale
$250,000
Pending
330 Brigid St, Lafayette, LA 70507
A fully fenced warehouse property with office space and two 14-foot roll-up doors, plus climate-controlled offices.
Property Size4,000 SF
Lot Size1.00 Acre
Days on Market353
Property Features for 330 Brigid St
General Information
Standard status
Pending
Size
4,000 SF
Lot size
1.00 Acre
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
2
Listing Agency:
Heart & Home Real Estate, LLC
(337) 308-0944
Listed By:
Shannon R Thibodeaux · License #995715703
(337) 308-0944
Source:
Exprealty
Added: Aug 26, 2025
Changed: Aug 8
Last Checked: Aug 12 at 9:59AM
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 Heart & Home Real Estate, LLC
Investment Insights
Based on property information with market context.
330 Brigid Street is a well-maintained commercial property designed to support both warehouse operations and office use. The site is fully fenced and includes over 3,000 square feet of non-climate-controlled warehouse space, along with climate-controlled office space and additional areas suitable for operations or storage. Access is provided by two 14' roll-up doors.
The property sits on 1 acre and is located near I-49, with convenient proximity to the Pont des Mouton exit. This makes it suitable for businesses that value straightforward highway access for deliveries, service, or customer-facing operations.
The layout offers practical separation between warehouse and office functions, with a newer A/C system installed in 2023. Repairs are needed due to plumbing fitting failures above Office 2 and in both bathrooms, which presents an opportunity to complete updates and tailor the office restrooms to your operational needs. For buyers seeking a fenced, roll-up door-equipped warehouse with climate-controlled office space and room to support day-to-day logistics, this property provides a solid base to customize.
The property sits on 1 acre and is located near I-49, with convenient proximity to the Pont des Mouton exit. This makes it suitable for businesses that value straightforward highway access for deliveries, service, or customer-facing operations.
The layout offers practical separation between warehouse and office functions, with a newer A/C system installed in 2023. Repairs are needed due to plumbing fitting failures above Office 2 and in both bathrooms, which presents an opportunity to complete updates and tailor the office restrooms to your operational needs. For buyers seeking a fenced, roll-up door-equipped warehouse with climate-controlled office space and room to support day-to-day logistics, this property provides a solid base to customize.
Key Highlights
- 1‑acre commercial property is fully fenced
- Over 3,000 SF of warehouse space (not climate‑controlled) plus additional operational/storage areas
- Climate‑controlled office space included
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
$22,917
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
9.17%
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%
$458,340
$458.3K
Cap Rate 7%
$327,386
$327.4K
Cap Rate 9%
$254,633
$254.6K
Market Conditions
NOI Build-Up for 4,000 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
$28.3K $7.08/SF
− Vacancy
−$1.4K −$0.34/SF
EGI
$27.0K $6.74/SF
− OpEx
−$4.0K −$1.01/SF
NOI
$22.9K $5.73/SF
Area
Lafayette, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
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%
$458,340
Cap Rate 7%
$327,386
Cap Rate 9%
$254,633
Alternative Uses
Best Use
Office B
$665.0K
$581.9K – $775.8K
NOI $46,548 @ 7.0% cap · market cap 18.62%
Second Best
Warehouse
$327.4K
$286.5K – $382.0K
NOI $22,917 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$945.7K
$827.5K – $1.10M
NOI $66,202 @ 7.0% cap · market cap 26.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70507, LA
17,791
Population
8,133
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
831
Density / Sq Mi
$64,010
Median Household Income
$40,700
Median Earnings
$937
Median Rent
$206,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A fully fenced warehouse property with office space and two 14-foot roll-up doors, plus climate-controlled offices.
Where is this flex space located?
The property is located at 330 Brigid St Lafayette, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1‑acre commercial property is fully fenced; Over 3,000 SF of warehouse space (not climate‑controlled) plus additional operational/storage areas; Climate‑controlled office space included
