Office and Industrial
For Sale
$5,500,000
7616 Johnston Street, Maurice, LA 70555
Commercial Sale, Maurice, LA
Property Size45,984 SF
Lot Size8.30 Acres
Price / SF$119.61
Days on Market25
Property Features for 7616 Johnston Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Unzoned
Lot features
Level
Directions
Take Johnston Street southbound. Just as you enter Maurice, the site will be on the right.
Subdivision
K
Standard status
Active
APN
6038854
Size
45,984 SF
Lot size
8.30 Acres
Additional Details
Property Use
Office/Industrial/Fabrication
Taxes and HOA fees
Tax Description
Tr 4B-1 Secs 38/41 T10s R3e LOT 4A-1 SECS 38/41 T10S R3E, (3.14 AC)(INCLUDES TR 4A-1-A)(2012-43688 PLAT), (2011-40060 PLAT)
Tax Annual Amount
28587
Legal Description
Tr 4B-1 Secs 38/41 T10s R3e LOT 4A-1 SECS 38/41 T10S R3E, (3.14 AC)(INCLUDES TR 4A-1-A)(2012-43688 PLAT), (2011-40060 PLAT)
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
conference room
kitchen
break area
reception area
Building Details
Floors in Building
2
Flooring type
Wood, Tile
Building materials
Metal Siding
Roof type
Metal
Buildings
3
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Walter Campbell · License #51344
(337) 251-6500
Added: Sep 29
Changed: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# 2600009195
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 8.3-acre office and industrial property at 7616 Johnston Street comprises three buildings totaling 45,984 square feet. Building 1 spans approximately 16,200 square feet, including 8,000 square feet of finished offices, 1,600 square feet of unfinished area, and 6,000 square feet of warehouse and shop space, split between climate-controlled and non-climate-controlled areas. Its warehouse eaves reach 22 feet. Building 2 provides approximately 12,000 square feet of finished and unfinished office space, with reception, private and executive offices, conference rooms, kitchens, a break area, and a large partitioned area. Building 3 contains approximately 17,784 square feet for industrial and fabrication use, including 7,200 square feet of climate-controlled space, eave heights up to 30 feet, and a 15-ton bridge crane with a 150-foot run.
Outdoor improvements include a stabilized, fenced yard with an open canopy of approximately 6,000 square feet, approximately 35,000 square feet of cement parking and drives, and approximately 63,500 square feet of limestone yard associated with Building 3. Electrical service is 3-phase, 480-volt. The property is unzoned and has public water and private sewer.
Outdoor improvements include a stabilized, fenced yard with an open canopy of approximately 6,000 square feet, approximately 35,000 square feet of cement parking and drives, and approximately 63,500 square feet of limestone yard associated with Building 3. Electrical service is 3-phase, 480-volt. The property is unzoned and has public water and private sewer.
Key Highlights
- Three buildings total 45,984 square feet on 8.3 acres
- Building 3 has 17,784 square feet, eaves up to 30 feet, and a 15‑ton bridge crane with a 150‑foot run
- Building 1 includes 8,000 square feet of finished office space and warehouse/shop areas with 22‑foot eaves
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$263,449
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,268,980
$5.3M
Cap Rate 7%
$3,763,557
$3.8M
Cap Rate 9%
$2,927,211
$2.9M
Market Conditions
NOI Build-Up for 45,984 SF
Gross rent
$325.6K $7.08/SF
− Vacancy
−$15.6K −$0.34/SF
EGI
$309.9K $6.74/SF
− OpEx
−$46.5K −$1.01/SF
NOI
$263.4K $5.73/SF
Area
Lafayette, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,268,980
Cap Rate 7%
$3,763,557
Cap Rate 9%
$2,927,211
Alternative Uses
Best Use
Office B
$7.64M
$6.69M – $8.92M
NOI $535,116 @ 7.0% cap · market cap 9.73%
Second Best
Mixed Use
$7.59M
$6.64M – $8.85M
NOI $531,115 @ 7.0% cap · market cap 9.66%
Theoretical Best
Office A
$10.87M
$9.51M – $12.68M
NOI $761,054 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 70555, LA
8,925
Population
3,408
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
47.2 sq mi
ZIP Area
189
Density / Sq Mi
$71,694
Median Household Income
$52,183
Median Earnings
$1,241
Median Rent
$228,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three buildings combine finished office areas, industrial and fabrication space, warehouse capacity, and secured outdoor work areas.
Where is this mixed-use property located?
The property is located at 7616 Johnston Street Maurice, LA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Three buildings total 45,984 square feet on 8.3 acres; Building 3 has 17,784 square feet, eaves up to 30 feet, and a 15‑ton bridge crane with a 150‑foot run; Building 1 includes 8,000 square feet of finished office space and warehouse/shop areas with 22‑foot eaves
