Industrial Flex Property with
8509 Egan Hwy Crowley, LA 70526
8509 Egan Hwy, Crowley, LA, 70526
$1,089,000
For Sale
$1,089,000
Front-row I-10 frontage with a renovated office, warehouse, fenced and gated yard, and an attached residential unit in Flood Zone X.
Property Size18,430 SF
Price / SF$59.09
Days on Market79
Property Features for 8509 Egan Hwy
General Information
- Standard status
- Active
- Size
- 18,430 SF
Listing agency
LPT Realty, LLC
(337) 458-1706
Listed by
Christopher Chiasson · License #995718543
(337) 458-1706
Source
Exprealty
Added: May 5 Updated: Jul 21 at 9:13PM Checked: Jul 21 at 9:13PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This industrial flex property comprises a mix of office, warehouse, and residential use on a secured site with fencing and gated access. The fully renovated office building includes a spacious lobby, five private offices, a restroom, additional storage, and an upstairs area. A well-equipped warehouse is complemented by its own office and bathroom for operational flexibility. Attached to the overall improvements is a fully updated three-bedroom, two-bath apartment, with all structures connected beneath a continuous roofline. A large covered overhang provides additional sheltered space for equipment, storage, or workspace.
The property is situated along I-10 in Crowley between Exits 80 and 76, with approximately 580 feet of frontage and exposure to an estimated 65,000 vehicles per day. It is located in Flood Zone X and includes a newly installed water well.
Ideal for users seeking an integrated office-and-warehouse setup with on-site living or supplemental rental capability, the site also features majority-fenced, secured acreage designed to support equipment and yard operations.
The property is situated along I-10 in Crowley between Exits 80 and 76, with approximately 580 feet of frontage and exposure to an estimated 65,000 vehicles per day. It is located in Flood Zone X and includes a newly installed water well.
Ideal for users seeking an integrated office-and-warehouse setup with on-site living or supplemental rental capability, the site also features majority-fenced, secured acreage designed to support equipment and yard operations.
Key Highlights
- 3.61‑acre commercial property on I‑10 in Crowley with approx. 580 ft of frontage between Exits 80 and 76
- Estimated exposure to 65,000 vehicles per day and located in Flood Zone X
- Newly installed water well plus most of the acreage secured by fencing with gated access
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.5k | $7.08 |
| − Vacancy | −$6.3k | −$0.34 |
| EGI | $124.2k | $6.74 |
| − OpEx | −$37.3k | −$2.02 |
| NOI | $87.0k | $4.72 |
18,430 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.06M
$2.68M – $3.57M
NOI $214,470 @ 7.0% cap · market cap 19.69%
Second Best
Warehouse
$1.51M
$1.32M – $1.76M
NOI $105,588 @ 7.0% cap · market cap 9.70%
Theoretical Best
Office A
$4.36M
$3.81M – $5.08M
NOI $305,024 @ 7.0% cap · market cap 28.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Myers & Son Auto ...
Physician
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FAQs
What type of property is this?
Flex space - Front-row I-10 frontage with a renovated office, warehouse, fenced and gated yard, and an attached residential unit in Flood Zone X.
Where is this flex space located?
The property is located at 8509 Egan Hwy Crowley, LA.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: 3.61‑acre commercial property on I‑10 in Crowley with approx. 580 ft of frontage between Exits 80 and 76; Estimated exposure to 65,000 vehicles per day and located in Flood Zone X; Newly installed water well plus most of the acreage secured by fencing with gated access
