Flex Property with
For Sale
$475,000
946 Austin Road, Youngsville, LA 70592
Commercial Sale, Youngsville, LA
Property Size8,940 SF
Lot Size5.78 Acres
Price / SF$53.13
Days on Market430
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
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.]
Subdivision
P
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
Floors in Building
1
Flooring type
Tile - Ceramic, Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Brittany LeBlanc · License #995709191
(337) 254-2730
Added: Aug 22, 2025
Changed: Oct 23
Last Checked: Oct 25 at 12:06AM
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.
The flex property includes an 8,940-square-foot warehouse with office areas, additional storage buildings, and a detached office. The 5.78-acre site is unzoned and addressed at 946 Austin Road in Youngsville.
Metal siding and a metal roof finish the main building. Interior flooring includes concrete and ceramic tile, with central heating and central air conditioning. The property has public water and sewer service.
Metal siding and a metal roof finish the main building. Interior flooring includes concrete and ceramic tile, with central heating and central air conditioning. The property has public water and sewer service.
Key Highlights
- 8,940‑square‑foot warehouse with office areas
- 5.78‑acre site, zoned unzoned
- Additional storage buildings and a detached 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
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.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Separate office space and auxiliary storage buildings complement the main facility.
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 site, zoned unzoned; Additional storage buildings and a detached office
