Commercial Space on Ambassador
For Sale
$1,400,000
403 Ambassador Caffery Parkway, Scott, LA 70583
13,250 SF commercial space for sale or lease.
Property Size13,250 SF
Price / SF$105.66
Days on Market274
Property Features for 403 Ambassador Caffery Parkway
General Information
Standard status
Active
Size
13,250 SF
Class
A
Property subtype
Commercial Space Available
Building Details
Building Size
13,250 SF
Listing Agency:
(337) 258-2301
Listed By:
Flo Meadows, CCIM, CPA
(337) 258-2301
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 19
Last Checked: Aug 22 at 5:10AM
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 Flo Meadows, CCIM, CPA
Investment Insights
Based on property information with market context.
Available for sale or lease is a commercial space encompassing approximately 13,250 square feet. The property features high-end showroom or office space, along with fully climate-controlled warehouse space. A 5-ton crane is installed within the warehouse. Situated on a corner lot, the property is located less than 1 mile from I-10. It benefits from high visibility, with approximately 42,400 vehicles per day (VPD) on Ambassador Caffery Parkway.
Key Highlights
- High visibility location with ±42,400 VPD on Ambassador Caffery Parkway
- Corner lot less than 1 mile from I‑10
- ±13,250 SF commercial space available for sale or lease
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
$67,237
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
4.80%
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%
$1,344,740
$1.3M
Cap Rate 7%
$960,529
$960.5K
Cap Rate 9%
$747,078
$747.1K
Market Conditions
NOI Build-Up for 13,250 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
$79.5K $6.00/SF
− Vacancy
−$398 −$0.03/SF
EGI
$79.1K $5.97/SF
− OpEx
−$11.9K −$0.90/SF
NOI
$67.2K $5.07/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$6.00 /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%
$1,344,740
Cap Rate 7%
$960,529
Cap Rate 9%
$747,078
Alternative Uses
Best Use
Retail
$2.30M
$2.01M – $2.68M
NOI $160,692 @ 7.0% cap · market cap 11.48%
Second Best
Office B
$2.20M
$1.93M – $2.57M
NOI $154,190 @ 7.0% cap · market cap 11.01%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,293 @ 7.0% cap · market cap 15.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- The Storage Center — 2130 W Willow St, Scott, LA 70583
Frequently Asked Questions
What type of property is this?
Warehouse - 13,250 SF commercial space for sale or lease.
Where is this warehouse located?
The property is located at 403 Ambassador Caffery Parkway Scott, LA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: High visibility location with ±42,400 VPD on Ambassador Caffery Parkway; Corner lot less than 1 mile from I‑10; ±13,250 SF commercial space available for sale or lease
