Industrial Warehouse and Office
For Sale
$1,810,000
6201 US Highway 90 E, Broussard, LA 70518
COMMERCIAL - Broussard, LA
Property Size30,564 SF
Lot Size3.50 Acres
Price / SF$59.22
Days on Market369
Property Features for 6201 US Highway 90 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
Parking
30
Security features
Security System
Exterior features
Fully Fenced, OH Door > 20 Ft, Pole Sign, Stabilized Yard Base, Storage Building
Fencing
Full
Directions
Hwy 90 E towards New Iberia, right past Hwy 92 use u-turn to head back towards Lafayette. Property is on the right.
Subdivision
M2
Standard status
Active
APN
380800
Size
30,564 SF
Lot size
3.50 Acres
Taxes and HOA fees
Tax Description
3.497 AC Road, Boulet, Hwy 90 COB:
Legal Description
3.497 AC Road, Boulet, Hwy 90 COB:
Utilities
Sewer type
Private Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Floors in Building
1
Flooring type
Carpet - Full, Tile
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
Listed By:
Todd Trahan · License #995687221
(337) 258-0519
Added: Aug 20, 2025
Changed: Aug 4
Last Checked: Aug 23 at 6:06AM
MLS# 2500002665
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 industrial property includes offices, warehouse, and manufacturing buildings totaling approximately 30,000 square feet on 3.5 acres. The 18,900-square-foot warehouse is equipped with both 5-ton and 10-ton cranes. The warehouse also has an approximate 18-foot eave height at the bridge.
The site is located right off Hwy 90 with access from two streets. A stabilized yard and security fence support on-site operations.
Overall, the property’s mix of office, warehouse, and manufacturing space is designed to accommodate a range of industrial workflows within a single secured campus.
The site is located right off Hwy 90 with access from two streets. A stabilized yard and security fence support on-site operations.
Overall, the property’s mix of office, warehouse, and manufacturing space is designed to accommodate a range of industrial workflows within a single secured campus.
Key Highlights
- 30,000 SF commercial property with offices, warehouse, and manufacturing buildings on 3.497 acres
- 18,900 SF warehouse includes 5‑ton and 10‑ton cranes
- Approximately 18' eave at bridge
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
$155,097
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
8.57%
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%
$3,101,940
$3.1M
Cap Rate 7%
$2,215,671
$2.2M
Cap Rate 9%
$1,723,300
$1.7M
Market Conditions
NOI Build-Up for 30,564 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
$183.4K $6.00/SF
− Vacancy
−$917 −$0.03/SF
EGI
$182.5K $5.97/SF
− OpEx
−$27.4K −$0.90/SF
NOI
$155.1K $5.07/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$6.00 /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%
$3,101,940
Cap Rate 7%
$2,215,671
Cap Rate 9%
$1,723,300
Alternative Uses
Best Use
Flex RnD
$2.54M
$2.22M – $2.97M
NOI $177,905 @ 7.0% cap · market cap 9.83%
Second Best
Warehouse
$2.22M
$1.94M – $2.58M
NOI $155,097 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$7.23M
$6.32M – $8.43M
NOI $505,846 @ 7.0% cap · market cap 27.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
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 - Industrial facility with offices, warehouse, and manufacturing space, featuring cranes and a stabilized, fenced yard.
Where is this flex space located?
The property is located at 6201 US Highway 90 E Broussard, LA.
What is the asking price?
The asking price for this property is $1,810,000.
What are key features of this property?
This property features: 30,000 SF commercial property with offices, warehouse, and manufacturing buildings on 3.497 acres; 18,900 SF warehouse includes 5‑ton and 10‑ton cranes; Approximately 18' eave at bridge
