Climate-Controlled Flex
For Sale
$2,300,000
801b Heart D Farm Rd, Youngsville, LA 70592
Two buildings combine conditioned work areas with multiple oversized roll-up doors and substantial vehicle parking.
Property Size17,500 SF
Lot Size4.01 Acres
Price / SF$131.43
Days on Market10
Property Features for 801b Heart D Farm Rd
General Information
Standard status
Active
Size
17,500 SF
Lot size
4.01 Acres
Additional Details
Utilities to Site
Yes
Drive-In Doors
5
Amenities
two kitchens
two restrooms
loft storage
covered rear pavilion
covered main entrance
RV electrical hookups
gated access
Building Details
Buildings
2
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Scott A Domingue · License #995710078
(337) 322-5895
Source:
Exprealty
Added: Oct 4
Changed: Oct 10
Last Checked: Oct 12 at 10:30PM
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 Team
Investment Insights
Based on property information with market context.
This flex property spans two climate-controlled buildings with more than 17,000 square feet across 4.01 acres. The 14,000-square-foot main facility has seven 5-ton HVAC systems, two kitchens, two restrooms, loft storage, Chicago brick flooring, an oversized roll-up door, and a covered rear pavilion. A 3,000-plus-square-foot auxiliary building includes a 5-ton HVAC system and four oversized roll-up doors.
Site improvements include gated entry with an electric iron gate, blacktop drives, parking for hundreds of vehicles, an oversized horseshoe drive, a covered main entrance, and multiple RV electrical hookups. City water and sewer serve the property.
Site improvements include gated entry with an electric iron gate, blacktop drives, parking for hundreds of vehicles, an oversized horseshoe drive, a covered main entrance, and multiple RV electrical hookups. City water and sewer serve the property.
Key Highlights
- 17,000+ square feet of climate‑controlled space across two buildings on 4.01 acres
- 14,000‑square‑foot main building with seven 5‑ton HVAC systems
- 3,000+ square‑foot auxiliary building with a 5‑ton HVAC system and four oversized roll‑up doors
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.
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 combine conditioned work areas with multiple oversized roll-up doors and substantial vehicle parking.
Where is this flex space located?
The property is located at 801b 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: 17,000+ square feet of climate‑controlled space across two buildings on 4.01 acres; 14,000‑square‑foot main building with seven 5‑ton HVAC systems; 3,000+ square‑foot auxiliary building with a 5‑ton HVAC system and four oversized roll‑up doors
