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Flex Space with Warehouse

946 Austin Road, Youngsville, LA 70592

For Sale
$475,000

Commercial Sale, Youngsville, LA

Property Size8,940 SF
Lot Size5.78 Acres
Price / SF$53.13
Days on Market449

Property Features for 946 Austin Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Unzoned
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Subdivision Not a Subdivision
Lot features Level
Directions From Chem Metairie Parkway, South on Guillot (LA89), Right on Austin Rd. [Property address is 946; however, due to the large size of the tract, the roadside mailbox shows 936. Please reference 946 when searching or mapping.]
Standard status Active
APN R1295000
Size 8,940 SF
Lot size 5.78 Acres

Taxes and HOA fees

Tax Description 5.78 AC IN SEC 32 T 11 R 3 E TRACT 1 2013009125 IMP
Legal Description 5.78 AC IN SEC 32 T 11 R 3 E TRACT 1 2013009125 IMP

Utilities

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

Building Details

Year built 2018
Floors in Building 1
Flooring type Concrete, Tile - Ceramic
Building materials Metal Siding
Roof type Metal
Listing Agency: Compass · ERA Real Estate
Listed By: Brittany LeBlanc · License LA #995709191
Added: Aug 22, 2025 Changed: Nov 12 Last Checked: Nov 13 at 7:06PM
MLS# 2500002829

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

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Investment Insights

Based on property information with market context.

At 946 Austin Road, the 2018-built flex property includes an 8,940-square-foot warehouse with office areas, separate office space, and additional storage buildings. The 5.78-acre site is unzoned. Metal siding and a metal roof are reported, with concrete and ceramic tile flooring. Central heating and air conditioning serve the property.

The property is in Youngsville, Louisiana, and has public water and public sewer service. The roadside mailbox displays 936, while the property address is 946 Austin Road.

Key Highlights

  • 8,940‑square‑foot warehouse with office areas
  • 5.78‑acre unzoned property
  • Additional storage buildings and a separate office

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 (±1% cap)
NOI $52,038 @ 7.0% cap · market cap 10.96%
Second Best
Warehouse
$648.1K
$567.1K – $756.1K (±1% cap)
NOI $45,366 @ 7.0% cap · market cap 9.55%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M (±1% cap)
NOI $147,961 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

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

Average Price Trend$/SF for Flex space in Lafayette County, LA

$95.13 Jul
$97.07 Aug
$101 Sep
$106 Oct

Properties on Market for Flex space in Lafayette County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - A 2018-built facility combines warehouse, office, and additional storage buildings across a substantial tract.
Where is this flex space located?
The property is located at 946 Austin Road 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: 8,940‑square‑foot warehouse with office areas; 5.78‑acre unzoned property; Additional storage buildings and a separate office
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