Climate-Controlled Flex
New
For Sale
$2,300,000
801-B Heart D Farm Rd, Youngsville, LA 70592
Two buildings offer a large open hall, shop space, and gated access across a partly open site.
Property Size17,500 SF
Lot Size4.01 Acres
Price / SF$131.43
Days on Market6
Property Features for 801-B Heart D Farm Rd
General Information
Standard status
Active
Size
17,500 SF
Total Parking Spaces
50
Lot size
4.01 Acres
Property subtype
Industrial
Zoning
R1
Warehouse & Industrial
Clear Span
Yes
Drive-In Doors
5
Conditioned Warehouse
Yes
Additional Details
Utilities to Site
Yes
Amenities
gated entry
covered portico entrance
two kitchens
two restrooms
display room
storage rooms
dedicated electrical room
covered rear pavilion
RV electrical hookups
Power
Water
Sewer
50 Parking Spaces
Building Details
Buildings
2
Construction
steel frame
Listing Agency:
Keaty Real Estate
Listed By:
Charles Ditch · License #995695266
(337) 501-9467
Source:
Lacdb.resimplifi
Added: Oct 8
Changed: Oct 13
Last Checked: Oct 13 at 2:34AM
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 Keaty Real Estate
Investment Insights
Based on property information with market context.
This two-building flex property contains 17,500 SF of climate-controlled space on 4.01 acres. The approximately 14,000 SF main building has a clear-span steel frame, a vaulted hall, mezzanine, showroom, display room, storage rooms, two kitchens, and two restrooms. A covered portico and rear pavilion are also part of the building. The auxiliary structure provides approximately 3,000 SF of climate-controlled shop area, four oversized roll-up doors, and a separate man door.
An electric iron gate controls entry to the site, which has blacktop drives, extensive parking areas, and open land behind the buildings. City water and sewer serve the property, and several RV electrical hookups are present. Eight 5-ton HVAC systems serve the two buildings. The stated potential uses include events, offices, showroom, operations, storage, training, and residential use, all subject to zoning approval. Zoning is R1.
An electric iron gate controls entry to the site, which has blacktop drives, extensive parking areas, and open land behind the buildings. City water and sewer serve the property, and several RV electrical hookups are present. Eight 5-ton HVAC systems serve the two buildings. The stated potential uses include events, offices, showroom, operations, storage, training, and residential use, all subject to zoning approval. Zoning is R1.
Key Highlights
- 17,500 SF of climate‑controlled space on 4.01 acres
- Two buildings: approximately 14,000 SF and 3,000 SF
- Main building features a clear‑span steel frame and vaulted hall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,863
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,037,260
$2.0M
Cap Rate 7%
$1,455,186
$1.5M
Cap Rate 9%
$1,131,811
$1.1M
Market Conditions
NOI Build-Up for 17,500 SF
Gross rent
$157.5K $9.00/SF
− Vacancy
−$788 −$0.05/SF
EGI
$156.7K $8.96/SF
− OpEx
−$54.8K −$3.13/SF
NOI
$101.9K $5.82/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,037,260
Cap Rate 7%
$1,455,186
Cap Rate 9%
$1,131,811
Alternative Uses
Best Use
Flex RnD
$1.46M
$1.27M – $1.70M
NOI $101,863 @ 7.0% cap · market cap 4.43%
Second Best
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,804 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$4.14M
$3.62M – $4.83M
NOI $289,632 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
5
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70592, LA
28,975
Population
11,583
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
682
Density / Sq Mi
$93,453
Median Household Income
$53,063
Median Earnings
$1,106
Median Rent
$239,000
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?
Flex space - Two buildings offer a large open hall, shop space, and gated access across a partly open site.
Where is this flex space located?
The property is located at 801-B Heart D Farm Rd Youngsville, LA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 17,500 SF of climate‑controlled space on 4.01 acres; Two buildings: approximately 14,000 SF and 3,000 SF; Main building features a clear‑span steel frame and vaulted hall
