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Live-Work Warehouse with Yard
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4688 Highway 27 S, Sulphur, LA 70665

Move-in-ready live-work warehouse with a brick office, metal workshop, and covered storage designed for service and equipment-driven operations.

Property Size5,391 SF
Price / SF$102.02
Days on Market54

Property Features for 4688 Highway 27 S

General Information

Standard status Active
Size 5,391 SF
Property subtype Special Purpose
Zoning Commercial and R2

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Building Details

Year Built 1970
Listing Agency: Coldwell Banker Commercial Ingle Safari Realty
Listed By: Robbie Ingle · License #0912122392
Source: Crexi
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 4 at 2:13PM

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 Ingle Safari Realty

Investment Insights

Based on property information with market context.

This live-work property includes approximately 5,391 square feet of total improvements, built around a large metal workshop/warehouse and a separate brick office building. The brick office building is approximately 1,809 square feet and is extensively updated, with multiple offices or bedrooms, spacious gathering areas, engineered wood flooring, crown molding, granite countertops, updated cabinetry, stainless appliances, and finished bathrooms. An attached 316-square-foot garage adds practical storage and flexibility.

The centerpiece is a 3,000-square-foot metal workshop/warehouse with high ceilings, roll-up doors on both the front and back, concrete flooring, and extensive workspace plus storage, including loft storage. The facility also includes a utility sink and a dedicated bathroom. Covered equipment and RV storage is located behind the workshop, and there is an additional 266-square-foot auxiliary building with a roll-up door for further storage or specialty operation.

The site is arranged for efficient circulation and accessibility, with a large concrete driveway, abundant parking, fenced areas, and a 312-square-foot covered patio area. The property has frontage and visibility on Highway 27 in Sulphur, Louisiana, is in Flood Zone X, and is zoned Commercial and R2, supporting a wide range of office and warehouse-oriented uses for businesses needing both work space and storage.

Key Highlights

  • Approx. 5,391 SF total improvements with a 3,000 SF metal workshop/warehouse for warehouse and shop operations
  • 1,809 SF brick office building with engineered wood flooring, crown molding, granite countertops, updated cabinetry, and stainless appliances
  • Workshop includes roll‑up doors on front and back, concrete flooring, loft storage, utility sink, and a dedicated bathroom

Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $84.1k $15.60
− Vacancy −$8.4k −$1.56
EGI $75.7k $14.04
− OpEx −$28.4k −$5.27
NOI $47.3k $8.77
5,391 SF · lease $15.60/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Flex RnD
$1.05M
$918.8K – $1.23M (±1% cap)
NOI $73,503 @ 7.0% cap · market cap 13.36%
Second Best
Mixed Use
$675.8K
$591.3K – $788.4K (±1% cap)
NOI $47,306 @ 7.0% cap · market cap 8.60%
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,342 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Hair Salon Electrical Service Storage Facility

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

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Balanced
Demand for This Use

Demographics for 70665, LA

12,532
Population
5,626
Households
2.2
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
153.0 sq mi
ZIP Area
82
Density / Sq Mi
$88,328
Median Household Income
$56,977
Median Earnings
$1,212
Median Rent
$229,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Becky's Catering LLC 5121 Lions Rd, Sulphur, LA 70665

Frequently Asked Questions

What type of property is this?
Flex space - Move-in-ready live-work warehouse with a brick office, metal workshop, and covered storage designed for service and equipment-driven operations.
Where is this flex space located?
The property is located at 4688 Highway 27 S Sulphur, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approx. 5,391 SF total improvements with a 3,000 SF metal workshop/warehouse for warehouse and shop operations; 1,809 SF brick office building with engineered wood flooring, crown molding, granite countertops, updated cabinetry, and stainless appliances; Workshop includes roll‑up doors on front and back, concrete flooring, loft storage, utility sink, and a dedicated bathroom
More about this property
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