Climate-Controlled Flex
For Sale
$2,300,000
801b Heart D Farm Road, Broussard, LA 70518
Commercial Sale, Broussard, LA
Property Size17,500 SF
Lot Size4.01 Acres
Price / SF$131.43
Days on Market21
Property Features for 801b Heart D Farm Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Underground/Basement, Garage, Covered, Parking Lot
Security features
Security System
Lot features
Level
Directions
From Verot School Rd-Turn right onto W Pinhook Rd; Turn right onto S Bernard Rd; Turn right onto Heart D Farm Rd; Destination will be on your left
Subdivision
O
Standard status
Active
APN
6028319
Size
17,500 SF
Lot size
4.01 Acres
Taxes and HOA fees
Tax Description
SEC 32 T11S R5E (4.01 AC)
Tax Annual Amount
7676
Legal Description
SEC 32 T11S R5E (4.01 AC)
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
two kitchens
two restrooms
loft storage
covered rear pavilion
oversized roll-up door
electric iron gate
extensive blacktop drives
oversized horseshoe drive
covered main entrance
multiple RV electrical hookups
Building Details
Floors in Building
1
Flooring type
Concrete, Tile
Building materials
Frame, Metal Siding
Roof type
Metal
Buildings
2
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Scott Domingue · License #995710078
(337) 322-5895
Added: Oct 3
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
MLS# 2600009333
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.
Broussard’s 17,500-square-foot flex property comprises two climate-controlled buildings on 4.01 acres. The 14,000-square-foot main building has seven 5-ton HVAC systems, two kitchens, two restrooms, loft storage, Chicago brick flooring, a large roll-up door, and a covered rear pavilion. A separate 3,000-square-foot auxiliary building has a 5-ton HVAC system and four oversized roll-up doors.
Site improvements include gated entry with an electric iron gate, blacktop drives, substantial parking, a horseshoe-shaped drive, a covered main entrance, and multiple RV electrical hookups. City water and public sewer serve the property. Its buildings, drive areas, and utility connections support a variety of commercial operations.
Site improvements include gated entry with an electric iron gate, blacktop drives, substantial parking, a horseshoe-shaped drive, a covered main entrance, and multiple RV electrical hookups. City water and public sewer serve the property. Its buildings, drive areas, and utility connections support a variety of commercial operations.
Key Highlights
- 17,500 square feet across two climate‑controlled buildings
- 4.01‑acre site in Broussard
- 14,000‑square‑foot main building with seven 5‑ton HVAC systems
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
Retail
$3.03M
$2.65M – $3.54M
NOI $212,234 @ 7.0% cap · market cap 9.23%
Second Best
Flex RnD
$1.46M
$1.27M – $1.70M
NOI $101,863 @ 7.0% cap · market cap 4.43%
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.
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Current Use
Lease Details
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 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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two buildings provide climate-controlled space for a range of commercial operations.
Where is this flex space located?
The property is located at 801b Heart D Farm Road Broussard, 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 square feet across two climate‑controlled buildings; 4.01‑acre site in Broussard; 14,000‑square‑foot main building with seven 5‑ton HVAC systems
