Listing Agency: Elifin Realty

Listed By: Cade McNabb · License #995716093 Show Phone

Source: Lacdb.resimplifi

Added: May 8 Changed: Oct 7 Last Checked: Oct 16 at 5:41AM

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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 / Yr

$59,572

Cap Rate

9.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,191,440 $1.2M

Cap Rate 7%

$851,029 $851.0K

Cap Rate 9%

$661,911 $661.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 10,000 SF

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 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 (±1% cap)

NOI $81,951 @ 7.0% cap · market cap 12.61%

Second Best

Warehouse

$851.0K

$744.7K – $992.9K (±1% cap)

NOI $59,572 @ 7.0% cap · market cap 9.16%

Theoretical Best

Office A

$2.19M

$1.92M – $2.56M (±1% cap)

NOI $153,600 @ 7.0% cap · market cap 23.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

ESP Valve, Inc. Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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41107 Don Lou Rd, Gonzales, LA 70737

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Multifamily Rental Portfolio

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Similar Off Market Nearby

• Data Depot — 13316 LA-44, Gonzales, LA 70737
• Professional Archive Solutions — 13310 LA-44, Gonzales, LA 70737
• Best RV & Boat Storage — 41028 LA-621, Gonzales, LA 70737
• Milano's Mini Storage — 14125 LA-44, Gonzales, LA 70737
• Crown Storage & RV — 14125 LA-44, Gonzales, LA 70737

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 Dr 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.