Industrial Buildings on Stabilized
For Sale
$2,151,403
39417 Babin Rd, Gonzales, LA 70737
Industrial buildings on 10.27 acres of stabilized land.
Property Size13,472 SF
Lot Size10.27 Acres
Price / SF$159.69
Days on Market170
Property Features for 39417 Babin Rd
General Information
Standard status
Active
Size
13,472 SF
Lot size
10.27 Acres
Property subtype
Industrial
Listing Agency:
Coldwell Banker Commercial One
(225) 317-3230
Listed By:
David Palmer · License #0912122348
(225) 317-3230
Source:
Cbcworldwide
Added: Mar 5
Changed: Jul 6
Last Checked: Apr 9 at 9:00PM
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 Coldwell Banker Commercial One
Investment Insights
Based on property information with market context.
The property features 13,472 square feet of buildings situated on a 10.27-acre tract of stabilized land. The buildings include two 20-inch tall metal doors, a 10-ton rail crane, and insulation. Eave heights range from 18 to 32 feet. Solar panels are installed on the rear of the building and on portions of the roof; these can be sold with the property or removed. The primary office space measures 3,520 square feet and comprises multiple modular buildings. The interior layout includes an entrance area, private offices, a break room/kitchen, an open work area, a conference room, and multiple restrooms. An additional 720-square-foot modular building is located at the entrance, featuring an entrance area, private offices, and restrooms.
Key Highlights
- 13,472 sq ft of buildings on 10.27 acres of stabilized land.
- Includes a 10‑ton rail crane and insulated building.
- Features solar panels (option to purchase or remove).
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
$68,776
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
3.20%
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%
$1,375,520
$1.4M
Cap Rate 7%
$982,514
$982.5K
Cap Rate 9%
$764,178
$764.2K
Market Conditions
NOI Build-Up for 13,472 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
$105.1K $7.80/SF
− Vacancy
−$6.8K −$0.51/SF
EGI
$98.3K $7.29/SF
− OpEx
−$29.5K −$2.19/SF
NOI
$68.8K $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 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%
$1,375,520
Cap Rate 7%
$982,514
Cap Rate 9%
$764,178
Alternative Uses
Best Use
Industrial
$982.5K
$859.7K – $1.15M
NOI $68,776 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $206,930 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 70737, LA
47,332
Population
20,720
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
86%
High-School Grad
54.0 sq mi
ZIP Area
877
Density / Sq Mi
$80,758
Median Household Income
$51,444
Median Earnings
$1,533
Median Rent
$252,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial buildings on 10.27 acres of stabilized land.
Where is this industrial property located?
The property is located at 39417 Babin Rd Gonzales, LA.
What is the asking price?
The asking price for this property is $2,151,403.
What are key features of this property?
This property features: 13,472 sq ft of buildings on 10.27 acres of stabilized land.; Includes a **10‑ton rail crane** and insulated building.; Features solar panels (option to purchase or remove).
