Highway Flex Space with
For Sale
$215,000
4214 Highway 1, Napoleonville, LA 70390
COMMERCIAL - Napoleonville, LA
Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$89.58
Days on Market130
Property Features for 4214 Highway 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Off Street
Exterior features
OH Door 10 - 15 Ft
Lot features
Water Frontage
Directions
Head toward Highway 1 from a nearby main road in the area, then continue along Hwy 1 in the direction of Napoleonville. Stay on Hwy 1 for a few minutes, and you'll find the property positioned directly along the highway
Subdivision
Assumption
Standard status
Active
APN
500056452
Size
2,400 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
COMM BLDG (BROOK'S HAIR BOUTIQUE) ON PROPERTY BELONGING TO WHITNEY & RAMONA SIMONEAUX
Legal Description
COMM BLDG (BROOK'S HAIR BOUTIQUE) ON PROPERTY BELONGING TO WHITNEY & RAMONA SIMONEAUX
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Private
Amenities
overhead doors
Building Details
Floors in Building
1
Flooring type
Tile, Concrete
Roof type
Metal
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Jace Harrington · License #0995699723
(337) 658-5701
Added: Apr 2
Changed: Aug 4
Last Checked: Aug 9 at 4:06AM
MLS# 2600002776
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex property combines a dedicated retail area with an attached warehouse. The layout supports product display and customer service on one side, while the warehouse provides space for storage and operations. Two overhead doors facilitate loading and unloading. Interior finishes include tile and concrete flooring, with central heating and central air conditioning. The building also includes one bathroom and has a metal roof.
Located at 4214 Highway 1 in Napoleonville, the property sits on a 0.25-acre site with off-street parking. Commercial zoning, private water, and private sewer serve the property.
Located at 4214 Highway 1 in Napoleonville, the property sits on a 0.25-acre site with off-street parking. Commercial zoning, private water, and private sewer serve the property.
Key Highlights
- 2,400‑square‑foot flex property on a 0.25‑acre site
- Dedicated retail area connected to an attached warehouse
- Two overhead doors for loading and unloading
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
$19,434
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
9.04%
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%
$388,680
$388.7K
Cap Rate 7%
$277,629
$277.6K
Cap Rate 9%
$215,933
$215.9K
Market Conditions
NOI Build-Up for 2,400 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
$23.3K $9.72/SF
− Vacancy
−$464 −$0.19/SF
EGI
$22.9K $9.53/SF
− OpEx
−$3.4K −$1.43/SF
NOI
$19.4K $8.10/SF
Area
Assumption County, LA
Vacancy
1.99%
Lease Rate
$9.72 /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%
$388,680
Cap Rate 7%
$277,629
Cap Rate 9%
$215,933
Alternative Uses
Best Use
Retail
$536.5K
$469.4K – $625.9K
NOI $37,552 @ 7.0% cap · market cap 17.47%
Second Best
Warehouse
$277.6K
$242.9K – $323.9K
NOI $19,434 @ 7.0% cap · market cap 9.04%
Theoretical Best
Specialty Retail
$574.8K
$502.9K – $670.6K
NOI $40,234 @ 7.0% cap · market cap 18.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70390, LA
6,593
Population
3,272
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
77%
High-School Grad
147.8 sq mi
ZIP Area
45
Density / Sq Mi
$56,353
Median Household Income
$36,081
Median Earnings
$823
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Commercially zoned property combines customer-facing retail space with attached warehouse capacity and overhead loading access.
Where is this flex space located?
The property is located at 4214 Highway 1 Napoleonville, LA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 2,400‑square‑foot flex property on a 0.25‑acre site; Dedicated retail area connected to an attached warehouse; Two overhead doors for loading and unloading
