For Sale
$475,000
946 Austin Rd, Youngsville, LA 70592
Flex space
Property Size8,940 SF
Price / SF$53.13
Days on Market413
Property Features for 946 Austin Rd
General Information
Standard status
Active
Size
8,940 SF
Listing Agency:
Compass
(804) 567-9250
Listed By:
Brittany LeBlanc · License #995709191
(337) 254-2730
Source:
Exprealty
Added: Aug 27, 2025
Changed: Oct 8
Last Checked: Oct 12 at 10:15PM
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
Investment Insights
Based on property information with market context.
Key Highlights
- Modern warehouse on a wide‑open tract of land with office spaces
- Additional storage buildings on the property
- Separate office space for day‑to‑day operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,360
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,200
$747.2K
Cap Rate 7%
$533,714
$533.7K
Cap Rate 9%
$415,111
$415.1K
Market Conditions
NOI Build-Up for 8,940 SF
Gross rent
$53.6K $6.00/SF
− Vacancy
−$268 −$0.03/SF
EGI
$53.4K $5.97/SF
− OpEx
−$16.0K −$1.79/SF
NOI
$37.4K $4.18/SF
Area
Lafayette County, LA
Vacancy
0.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,200
Cap Rate 7%
$533,714
Cap Rate 9%
$415,111
Alternative Uses
Best Use
Flex RnD
$743.4K
$650.5K – $867.3K
NOI $52,038 @ 7.0% cap · market cap 10.96%
Second Best
Warehouse
$648.1K
$567.1K – $756.1K
NOI $45,366 @ 7.0% cap · market cap 9.55%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $147,961 @ 7.0% cap · market cap 31.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this flex space located?
The property is located at 946 Austin Rd Youngsville, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Modern warehouse on a wide‑open tract of land with office spaces; Additional storage buildings on the property; Separate office space for day‑to‑day operations
