Flex Space With Shop
For Sale
$300,000
4866 Hwy 1, Napoleonville, LA 70390
Commercial Sale, Napoleonville, LA
Property Size2,800 SF
Lot Size0.38 Acres
Price / SF$107.14
Days on Market155
Property Features for 4866 Hwy 1
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
20
Parking features
Parking Lot
Exterior features
Storage
Subdivision
Not A Subdivision
Standard status
Active
Size
2,800 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Description
LOT & COMM BLDG - ON BATTURE. BD OR FRT BY LA HWY 1, E IR REAR BY BAYOU LAF., S BY PROP OF SERVICE REAL ESTATE INC, PRESENTLY BEING LEASED TO BAYOU SERVICE STATION & OR FRT BY TEXAS & PACIFIC RR R/W. (COLLIN'S GLASS)
Legal Description
LOT & COMM BLDG - ON BATTURE. BD OR FRT BY LA HWY 1, E IR REAR BY BAYOU LAF., S BY PROP OF SERVICE REAL ESTATE INC, PRESENTLY BEING LEASED TO BAYOU SERVICE STATION & OR FRT BY TEXAS & PACIFIC RR R/W. (COLLIN'S GLASS)
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Building materials
Brick
Roof type
Metal
Additional Structures
Storage
Listing Agency:
eXp Realty
(225) 412-9982
Listed By:
Melissa Russo · License #74073
(225) 806-7220
Added: May 6
Changed: Sep 20
Last Checked: Oct 7 at 11:06AM
MLS# 2026008591
Copyright © 2026 Greater Baton Rouge Association of REALTORS. 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 2,800-square-foot flex property on 0.381 acres includes a large metal building with shop space, storage, a bathroom, and a parking lot. Brick construction, a metal roof, window-unit cooling, and public water serve the existing improvements. The property previously operated as a glass business.
Located at 4866 Hwy 1 in Napoleonville, the site offers highway exposure and room for expansion within the existing lot. Residential, commercial, or mixed-use applications may be possible, subject to zoning and parish approval.
Located at 4866 Hwy 1 in Napoleonville, the site offers highway exposure and room for expansion within the existing lot. Residential, commercial, or mixed-use applications may be possible, subject to zoning and parish approval.
Key Highlights
- 2,800‑square‑foot flex property on 0.381 acres
- Large metal building with shop area and storage
- Located at 4866 Hwy 1, Napoleonville, LA 70390
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,673
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,460
$453.5K
Cap Rate 7%
$323,900
$323.9K
Cap Rate 9%
$251,922
$251.9K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$27.2K $9.72/SF
− Vacancy
−$542 −$0.19/SF
EGI
$26.7K $9.53/SF
− OpEx
−$4.0K −$1.43/SF
NOI
$22.7K $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 Rate 5%
$453,460
Cap Rate 7%
$323,900
Cap Rate 9%
$251,922
Alternative Uses
Best Use
Warehouse
$323.9K
$283.4K – $377.9K
NOI $22,673 @ 7.0% cap · market cap 7.56%
Second Best
Industrial
$266.7K
$233.4K – $311.2K
NOI $18,672 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$670.6K
$586.8K – $782.3K
NOI $46,940 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
143
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Brick commercial building with storage, parking, public water, and a metal roof along Hwy 1.
Where is this flex space located?
The property is located at 4866 Hwy 1 Napoleonville, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,800‑square‑foot flex property on 0.381 acres; Large metal building with shop area and storage; Located at 4866 Hwy 1, Napoleonville, LA 70390
