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 Market175
Property Features for 4866 HWY 1
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
20
Parking features
Parking Lot
Standard status
Active
APN
500022150
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)
Tax Annual Amount
983
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
Year built
1973
Building materials
Brick
Roof type
Metal
Listing Agency:
eXp Realty
(225) 412-9982
Listed By:
Melissa Russo-Cancienne · License #74073
(225) 806-7220
Added: May 6
Changed: Oct 23
Last Checked: Oct 27 at 5:06AM
MLS# 2026008591
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex property contains 2,800 square feet and was built in 1973. The building has brick construction, a metal roof, and window-unit cooling; public water serves the site. The property previously housed a glass business and includes a shop area.
The 0.381-acre parcel is located on Hwy 1 in Napoleonville. A parking lot provides on-site vehicle parking.
The 0.381-acre parcel is located on Hwy 1 in Napoleonville. A parking lot provides on-site vehicle parking.
Key Highlights
- 2,800‑square‑foot property on a 0.381‑acre parcel
- Brick construction with a metal roof
- Shop area; previously used for a glass business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,672
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,440
$373.4K
Cap Rate 7%
$266,743
$266.7K
Cap Rate 9%
$207,467
$207.5K
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
−$8.0K −$2.86/SF
NOI
$18.7K $6.67/SF
Area
Assumption County, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,440
Cap Rate 7%
$266,743
Cap Rate 9%
$207,467
Alternative Uses
Best Use
Industrial
$266.7K
$233.4K – $311.2K
NOI $18,672 @ 7.0% cap · market cap 6.22%
Second Best
Flex RnD
$259.9K
$227.4K – $303.2K
NOI $18,193 @ 7.0% cap · market cap 6.06%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A shop-oriented property with a parking lot and public water service.
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 property on a 0.381‑acre parcel; Brick construction with a metal roof; Shop area; previously used for a glass business
