Mixed-Use 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 Market19
Property Features for 7616 Johnston Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Unzoned
Security features
Security System
Exterior features
Door Sign, OH Door 10 - 15 Ft, Outside Storage, Pole Sign, Stabilized Yard Base
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
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)
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
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Walter R Campbell · License #51344
(337) 251-6500
Added: Sep 29
Changed: Oct 6
Last Checked: Oct 17 at 2:06AM
MLS# 2600009195
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.
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Investment Insights
Based on property information with market context.
Three buildings totaling 45,984 square feet occupy an 8.3-acre property along Johnston Street. The complex combines finished and unfinished office areas with warehouse, shop, and fabrication space. One building includes climate-controlled warehouse and shop areas, while another provides office space with reception, conference, kitchen, and break areas. The fabrication building includes climate-controlled space and a 15-ton bridge crane with a 150-foot run. Eave heights reach 22 feet in warehouse areas and 30 feet in the fabrication facility.
Site improvements include a stabilized, fenced yard with an approximately 6,000-square-foot open canopy, 35,000 square feet of cement parking and drives, and a 63,500-square-foot limestone yard. Electrical service is 3-phase, 480-volt. The property is unzoned and fronts Johnston Street north of Maurice.
Site improvements include a stabilized, fenced yard with an approximately 6,000-square-foot open canopy, 35,000 square feet of cement parking and drives, and a 63,500-square-foot limestone yard. Electrical service is 3-phase, 480-volt. The property is unzoned and fronts Johnston Street north of Maurice.
Key Highlights
- Three buildings contain 45,984 square feet on 8.3 acres
- Fabrication building has eave heights up to 30 feet and a 15‑ton bridge crane with a 150‑foot run
- Approximately 63,500 square feet of limestone yard serves the fabrication building
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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Property Analytics
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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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Cap Rate, Value Estimation, Potential NOI and more
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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 office space with warehouse, shop, and fabrication 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 contain 45,984 square feet on 8.3 acres; Fabrication building has eave heights up to 30 feet and a 15‑ton bridge crane with a 150‑foot run; Approximately 63,500 square feet of limestone yard serves the fabrication building
