Conditioned Flex Space with
For Sale
Contact for pricing
37092 Miller Rd, Prairieville, LA 70769
Fully conditioned commercial building with ADA-compliant restrooms and RM zoning.
Property Size4,365 SF
Price / SF$0.87
Days on Market69
Property Features for 37092 Miller Rd
General Information
Standard status
Active
Size
4,365 SF
Property subtype
Business Opportunity
Zoning
RM
Additional Details
Conditioned Warehouse
Yes
Building Details
Buildings
1
Listing Agency:
KW Commercial Baton Rouge
Listed By:
David Vercher · License #B11124
(225) 768-1889
Source:
Your225market
Added: Aug 8
Changed: Oct 6
Last Checked: Oct 14 at 8:14PM
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 KW Commercial Baton Rouge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,365-square-foot flex space in Ascension Parish is fully conditioned and includes a private office along with two ADA-compliant restrooms. The building was previously adapted for church use and may support an entertainment venue, gym, assembly use, or renewed warehouse configuration, subject to applicable requirements.
Located on Miller Road in Prairieville, the property offers ample parking and is identified as having no flood exposure. RM zoning is in place, providing a defined land-use framework for evaluating the property’s next commercial application.
Located on Miller Road in Prairieville, the property offers ample parking and is identified as having no flood exposure. RM zoning is in place, providing a defined land-use framework for evaluating the property’s next commercial application.
Key Highlights
- 4,365 SF flex space in Ascension Parish
- 100% conditioned building with private office
- Two ADA‑compliant restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,284
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,680
$445.7K
Cap Rate 7%
$318,343
$318.3K
Cap Rate 9%
$247,600
$247.6K
Market Conditions
NOI Build-Up for 4,365 SF
Gross rent
$34.0K $7.80/SF
− Vacancy
−$2.2K −$0.51/SF
EGI
$31.8K $7.29/SF
− OpEx
−$9.6K −$2.19/SF
NOI
$22.3K $5.11/SF
Area
Ascension County, LA
Vacancy
6.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,680
Cap Rate 7%
$318,343
Cap Rate 9%
$247,600
Alternative Uses
Best Use
Flex RnD
$511.0K
$447.2K – $596.2K
NOI $35,772 @ 7.0% cap · market cap 941.37%
Second Best
Warehouse
$371.5K
$325.0K – $433.4K
NOI $26,003 @ 7.0% cap · market cap 684.29%
Theoretical Best
Office A
$957.8K
$838.1K – $1.12M
NOI $67,046 @ 7.0% cap · market cap 1,764.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70769, LA
46,671
Population
17,557
Households
2.7
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
47.9 sq mi
ZIP Area
974
Density / Sq Mi
$114,707
Median Household Income
$59,552
Median Earnings
$1,245
Median Rent
$295,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bayou BBQ — Bluff Rd, Prairieville, LA 70769
Frequently Asked Questions
What type of property is this?
Flex space - Fully conditioned commercial building with ADA-compliant restrooms and RM zoning.
Where is this flex space located?
The property is located at 37092 Miller Rd Prairieville, LA.
What are key features of this property?
This property features: 4,365 SF flex space in Ascension Parish; 100% conditioned building with private office; Two ADA‑compliant restrooms
