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Flex Industrial Building with Warehouse
For Sale
$403,000

8911 Deere Park Road, Abbeville, LA 70510

Commercial Sale, Abbeville, LA

Property Size3,600 SF
Lot Size0.33 Acres
Price / SF$111.94
Days on Market56

Property Features for 8911 Deere Park Road

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 8
Exterior features OH Door 10 - 15 Ft
Subdivision Deere Park
Lot features Level
Directions Hwy. 167 in between Maurice and Abbeville at the corner of Deere Park Road and Hwy. 167
Standard status Active
APN R3177700a
Size 3,600 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Description Lot 2, Parcel 1, Sec. 1, Township 12 South, Range 3 East
Legal Description Lot 2, Parcel 1, Sec. 1, Township 12 South, Range 3 East

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Tile
Roof type Metal
Listing Agency: Compass · ERA Real Estate
Listed By: Brennan Billeaud · License #0000069755
Added: Aug 13 Changed: Sep 12 Last Checked: Oct 7 at 7:06AM
MLS# 2600007629

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property contains 3,600 square feet arranged between 1,195 square feet of office area and 2,405 square feet of warehouse space. The building includes two bathrooms, tile flooring, central heating and central air, a metal roof, and an electric roll-up door measuring 10 - 15 Ft. Public water service is provided by Waterworks District No. 1, with SLEMCO power and septic sewer serving the site.

Positioned on 0.33 acres along Hwy. 167, the property benefits from frontage on a corridor with traffic counts approaching 18,000 vehicles per day. The postal address is 8911 Deere Park Road, Abbeville, LA 70510. Its combination of office and warehouse areas supports a range of flex-oriented commercial operations.

Key Highlights

  • 3,600 SF flex building with 1,195 SF of office and 2,405 SF of warehouse space
  • 0.33‑acre site with Hwy. 167 frontage
  • Traffic counts approaching 18,000 vehicles per day

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,625
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,500 $412.5K
Cap Rate 7%
$294,643 $294.6K
Cap Rate 9%
$229,167 $229.2K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$25.5K $7.08/SF
− Vacancy
−$1.2K −$0.34/SF
EGI
$24.3K $6.74/SF
− OpEx
−$3.6K −$1.01/SF
NOI
$20.6K $5.73/SF
Area
Vermilion County, LA
Vacancy
4.80%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,500
Cap Rate 7%
$294,643
Cap Rate 9%
$229,167

Alternative Uses

Best Use
Warehouse
$294.6K
$257.8K – $343.8K (±1% cap)
NOI $20,625 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$242.6K
$212.3K – $283.1K (±1% cap)
NOI $16,985 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$851.2K
$744.8K – $993.0K (±1% cap)
NOI $59,581 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70510, LA

24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial facility combining finished office space with warehouse functionality and direct Hwy. 167 exposure.
Where is this flex space located?
The property is located at 8911 Deere Park Road Abbeville, LA.
What is the asking price?
The asking price for this property is $403,000.
What are key features of this property?
This property features: 3,600 SF flex building with 1,195 SF of office and 2,405 SF of warehouse space; 0.33‑acre site with Hwy. 167 frontage; Traffic counts approaching 18,000 vehicles per day
More about this property
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