Flex Space with Warehouse and
For Sale
$575,000
936 Austin Rd, Youngsville, LA 70592
Industrial property with multiple buildings, loading access, and paved road frontage.
Property Size8,940 SF
Lot Size5.78 Acres
Price / SF$64.32
Days on Market375
Property Features for 936 Austin Rd
General Information
Standard status
Active
Size
8,940 SF
Lot size
5.78 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
8,180 SF
Office Build-Out
760 SF
Sprinkler System
Yes
Amenities
Water
Sewer
Vacant
Building Details
Year Built
2018
Construction
metal siding
Listing Agency:
Compass Lafayette
(337) 267-4001
Listed By:
Allyson Deer · License #995714072
(337) 267-4001
Source:
Lacdb.resimplifi
Added: Aug 22, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:51PM
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 Compass Lafayette
Investment Insights
Based on property information with market context.
This 2018 flex property combines a primary industrial building with 8,180 SF of warehouse area and 760 SF of office space, totaling approximately 8,940 SF. The site also includes additional storage buildings and a detached office, creating a multi-building layout for business operations. Construction features include metal siding, a slab foundation, central HVAC, and fire sprinklers. Two large overhead doors provide grade-level and loading dock access.
The property occupies approximately 5.78 acres with paved road frontage and asphalt plus limestone/shell parking areas. It is located just off LA 89 and Chemin Metairie Parkway, with city water and sewer service from the City of Youngsville. The property is vacant, available immediately, and includes open land that can support outside storage or additional structures.
The property occupies approximately 5.78 acres with paved road frontage and asphalt plus limestone/shell parking areas. It is located just off LA 89 and Chemin Metairie Parkway, with city water and sewer service from the City of Youngsville. The property is vacant, available immediately, and includes open land that can support outside storage or additional structures.
Key Highlights
- Approximately 8,940 SF total: 8,180 SF warehouse and 760 SF office
- Approximately 5.78 acres with room for outside storage or additional structures
- Two large overhead doors with grade‑level and loading dock access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,038
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,040,760
$1.0M
Cap Rate 7%
$743,400
$743.4K
Cap Rate 9%
$578,200
$578.2K
Market Conditions
NOI Build-Up for 8,940 SF
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.
Gross rent
$80.5K $9.00/SF
− Vacancy
−$402 −$0.05/SF
EGI
$80.1K $8.96/SF
− OpEx
−$28.0K −$3.13/SF
NOI
$52.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,040,760
Cap Rate 7%
$743,400
Cap Rate 9%
$578,200
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.73M
NOI $104,035 @ 7.0% cap · market cap 18.09%
Second Best
Flex RnD
$743.4K
$650.5K – $867.3K
NOI $52,038 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $147,961 @ 7.0% cap · market cap 25.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial property with multiple buildings, loading access, and paved road frontage.
Where is this flex space located?
The property is located at 936 Austin Rd Youngsville, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approximately 8,940 SF total: 8,180 SF warehouse and 760 SF office; Approximately 5.78 acres with room for outside storage or additional structures; Two large overhead doors with grade‑level and loading dock access
