Versatile Property on 5
For Sale
$800,000
5051 Country Club Rd, Brusly, LA 70719
Unique property with buildings, warehouse, and potential for various uses.
Property Size9,188 SF
Lot Size5.00 Acres
Price / SF$87.07
Days on Market101
Property Features for 5051 Country Club Rd
General Information
Standard status
Active
Size
9,188 SF
Lot size
5.00 Acres
Taxes and HOA fees
Annual Taxes
$2,712
Listing Agency:
RE/MAX Professional
(225) 324-8485
Listed By:
Aimee Blount · License #0000054829
(225) 324-8485
Source:
Exprealty
Added: May 1
Changed: Aug 8
Last Checked: Jul 16 at 10:10PM
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 RE/MAX Professional
Investment Insights
Based on property information with market context.
This unique property is situated on a 5-acre tract off Choctaw Road in Brusly. The primary building offers 5188 square feet suited for offices, events, or multi-purpose activities. The main hall features three large picture windows overlooking the rear of the property. A functional kitchen area is equipped with a commercial-size double refrigerator, a commercial-size warming unit, storage, and a double sink. The bar area includes a custom-made cypress countertop, a commercial cooler, a small sink area, and a rear countertop surface. An additional set of picture windows overlooks the rear covered porch. A 4,000-square-foot metal warehouse is equipped with two separate office spaces and a 16-foot roll-up door. Additional structures include an open pavilion-style storage area or rustic barn, a covered sitting area, and a small wooden storage building. The property has been renovated and operated as a venue hosting weddings, parties, family reunions, and music recitals. Previously, the site was the Brusly Golf Course Clubhouse. There is potential to use the building and warehouse and subdivide the remaining 3 acres for residential or commercial use. The total property size is 9188 square feet.
Key Highlights
- Rare 5‑acre tract suitable for various uses
- 5,188 sq ft primary building with large picture windows and functional kitchen**
- 4,000 sq ft metal warehouse with two offices and a 16’ roll‑up door
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
$61,271
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
7.66%
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%
$1,225,420
$1.2M
Cap Rate 7%
$875,300
$875.3K
Cap Rate 9%
$680,789
$680.8K
Market Conditions
NOI Build-Up for 9,188 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
$89.3K $9.72/SF
− Vacancy
−$1.8K −$0.19/SF
EGI
$87.5K $9.53/SF
− OpEx
−$26.3K −$2.86/SF
NOI
$61.3K $6.67/SF
Area
West Baton Rouge 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 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%
$1,225,420
Cap Rate 7%
$875,300
Cap Rate 9%
$680,789
Alternative Uses
Best Use
Warehouse
$1.06M
$930.0K – $1.24M
NOI $74,401 @ 7.0% cap · market cap 9.30%
Second Best
Industrial
$875.3K
$765.9K – $1.02M
NOI $61,271 @ 7.0% cap · market cap 7.66%
Theoretical Best
Specialty Retail
$2.20M
$1.93M – $2.57M
NOI $154,031 @ 7.0% cap · market cap 19.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 70719, LA
4,396
Population
1,669
Households
2.6
Avg Household Size
38
Median Age
23%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
282
Density / Sq Mi
$92,231
Median Household Income
$40,801
Median Earnings
$990
Median Rent
$235,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Unique property with buildings, warehouse, and potential for various uses.
Where is this wedding venue located?
The property is located at 5051 Country Club Rd Brusly, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Rare 5‑acre tract suitable for various uses; 5,188 sq ft primary building with large picture windows and functional kitchen**; 4,000 sq ft metal warehouse with two offices and a 16’ roll‑up door
