Office/Warehouse Facility with
For Sale
Contact for pricing
41107 Don Lou Drive, Gonzales, LA 70737
10,000 SF office/warehouse on 1 acre in Gonzales.
Property Size10,000 SF
Lot Size1.00 Acre
Price / SF$65
Days on Market111
Property Features for 41107 Don Lou Drive
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.00 Acre
Property subtype
Industrial
Zoning
MU2 - Mixed Use Corridors
Building Details
Buildings
1
Listing Agency:
Elifin Realty Baton Rouge
(337) 446-3536
Listed By:
Cade McNabb · License #995716093
Source:
Crexi
Added: May 11
Changed: Aug 14
Last Checked: Aug 28 at 10:45AM
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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
The property at 41107 Don Lou Dr, Gonzales, LA, features a 10,000 SF office/warehouse facility on a 1-acre lot. The property is ideally suited for service or industrial operations. The building includes five offices, a reception area, and a kitchen. The warehouse is fully climate-controlled and equipped with two 12' x 14' roll-up doors and 16' eave heights. The property also features dedicated yard space. It is located just minutes from Airline Hwy, providing efficient access for businesses servicing the greater Baton Rouge and Ascension Parish areas. The zoning is MU2 – Mixed Use 2 Corridors. This property combines office functionality, warehouse utility, and outdoor storage capability within an established industrial corridor.
Key Highlights
- ±10,000 SF office/warehouse facility with dedicated yard space.
- Fully climate‑controlled warehouse.**
- Located minutes from Airline Hwy, providing efficient access to Baton Rouge and Ascension Parish.
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
$59,572
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
9.16%
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%
$1,191,440
$1.2M
Cap Rate 7%
$851,029
$851.0K
Cap Rate 9%
$661,911
$661.9K
Market Conditions
NOI Build-Up for 10,000 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
$74.4K $7.44/SF
− Vacancy
−$4.3K −$0.43/SF
EGI
$70.1K $7.01/SF
− OpEx
−$10.5K −$1.05/SF
NOI
$59.6K $5.96/SF
Area
Ascension County, LA
Vacancy
5.80%
Lease Rate
$7.44 /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%
$1,191,440
Cap Rate 7%
$851,029
Cap Rate 9%
$661,911
Alternative Uses
Best Use
Flex RnD
$1.17M
$1.02M – $1.37M
NOI $81,951 @ 7.0% cap · market cap 12.61%
Second Best
Warehouse
$851.0K
$744.7K – $992.9K
NOI $59,572 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,600 @ 7.0% cap · market cap 23.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Well-served
Demand for This Use
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?
Warehouse - 10,000 SF office/warehouse on 1 acre in Gonzales.
Where is this warehouse located?
The property is located at 41107 Don Lou Drive Gonzales, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: ±10,000 SF office/warehouse facility with dedicated yard space.; Fully climate‑controlled warehouse.**; Located minutes from Airline Hwy, providing efficient access to Baton Rouge and Ascension Parish.
