Building Details

Buildings 1

Listing Agency: Landry Team Real Estate, L.L.C. Show Phone

Listed By: Gaye Landry · License #0000029058 Show Phone

Source: Exprealty

Added: Aug 10 Changed: Sep 15 Last Checked: Oct 7 at 1:03PM

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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 Landry Team Real Estate, L.L.C.

Investment Insights

Based on property information with market context.

Located at 7708 & 7712 US Highway 61 in Saint Francisville, this flex space includes a 4,196-square-foot commercial building on 1.84 acres. The improvements include a loading dock that supports receiving and distribution functions. The building requires repairs and improvements, allowing a future owner to address the condition and adapt the space to its operational needs.

The property is positioned along the US Highway 61 corridor and carries CH zoning. It is currently leased on a month-to-month basis, providing existing occupancy while retaining flexibility for a new ownership plan. The combination of highway access, land area, commercial improvements, and dock service supports consideration for warehouse, service, retail, or other commercial applications identified in the property information.

Key Highlights

• 1.84‑acre property on US Highway 61 in Saint Francisville, Louisiana
• 4,196‑square‑foot commercial building
• Loading dock for receiving and distribution

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,977

Cap Rate

3.40%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$679,540 $679.5K

Cap Rate 7%

$485,386 $485.4K

Cap Rate 9%

$377,522 $377.5K

Market Conditions

NOI Build-Up for 4,196 SF

Gross rent

$40.8K $9.72/SF

− Vacancy

−$812 −$0.19/SF

EGI

$40.0K $9.53/SF

− OpEx

−$6.0K −$1.43/SF

NOI

$34.0K $8.10/SF

Area

West Feliciana County, LA

Vacancy

1.99%

Lease Rate

$9.72 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$679,540

Cap Rate 7%

$485,386

Cap Rate 9%

$377,522

Alternative Uses

Best Use

Warehouse

$485.4K

$424.7K – $566.3K (±1% cap)

NOI $33,977 @ 7.0% cap · market cap 3.40%

Second Best

Industrial

$399.7K

$349.8K – $466.4K (±1% cap)

NOI $27,981 @ 7.0% cap · market cap 2.80%

Theoretical Best

Specialty Retail

$1.00M

$879.3K – $1.17M (±1% cap)

NOI $70,343 @ 7.0% cap · market cap 7.04%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Catering Service Building Supply Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Dock-high doors

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

67

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 70775, LA

9,405

Population

4,807

Households

2

Avg Household Size

42

Median Age

32%

College-Educated

95%

High-School Grad

313.2 sq mi

ZIP Area

30

Density / Sq Mi

$75,980

Median Household Income

$42,283

Median Earnings

$1,011

Median Rent

$269,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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• Catering Connection — 7555 US-61, St Francisville, LA 70775

Frequently Asked Questions

What type of property is this?

Flex space - CH-zoned commercial property with month-to-month occupancy and a dedicated loading dock.

Where is this flex space located?

The property is located at 7708 & 7712 Us Highway 61 Saint Francisville, LA.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: 1.84‑acre property on US Highway 61 in Saint Francisville, Louisiana; 4,196‑square‑foot commercial building; Loading dock for receiving and distribution