Flex Space with Fenced
For Sale
$300,000
G-1803 Mills Hwy, Breaux Bridge, LA 70517
Industrial facility combining warehouse, climate-controlled, office, and secured outdoor storage areas.
Property Size5,200 SF
Lot Size1.33 Acres
Price / SF$57.69
Days on Market80
Property Features for G-1803 Mills Hwy
General Information
Standard status
Active
Size
5,200 SF
Lot size
1.33 Acres
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
4,000 SF
Office Build-Out
1,200 SF
Drive-In Doors
3
Three-Phase Power
Yes
Listing Agency:
HUNCO Real Estate
(337) 889-5711
Listed By:
William G Raines · License #0995684992
(337) 344-7173
Source:
Exprealty
Added: Jul 20
Changed: Oct 6
Last Checked: Oct 5 at 7:53PM
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 HUNCO Real Estate
Investment Insights
Based on property information with market context.
This flex-space property spans approximately 5,200 square feet on 1.33 acres, with a functional blend of industrial, office, and outdoor storage components. Approximately 4,000 SF is configured for shop and warehouse use, including three 14-foot roll-up doors and 3-phase power. About 1,000 SF provides climate-controlled space, while the approximately 1,200 SF office area includes three private offices, one restroom, and a conference room/breakroom.
The fully fenced, stabilized yard provides space for equipment, vehicles, and materials. The facility is positioned just minutes from Interstate 10, supporting access to major transportation corridors and the surrounding market. The configuration is identified as suitable for oilfield service, construction, fabrication, distribution, equipment service, and other industrial operations.
The fully fenced, stabilized yard provides space for equipment, vehicles, and materials. The facility is positioned just minutes from Interstate 10, supporting access to major transportation corridors and the surrounding market. The configuration is identified as suitable for oilfield service, construction, fabrication, distribution, equipment service, and other industrial operations.
Key Highlights
- Approximately 5,200 square feet on 1.33 acres
- Approximately 4,000 SF of shop and warehouse space
- Three 14‑foot roll‑up doors and 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,547
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,940
$530.9K
Cap Rate 7%
$379,243
$379.2K
Cap Rate 9%
$294,967
$295.0K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$40.6K $7.80/SF
− Vacancy
−$2.6K −$0.51/SF
EGI
$37.9K $7.29/SF
− OpEx
−$11.4K −$2.19/SF
NOI
$26.5K $5.11/SF
Area
St. Martin County, LA
Vacancy
6.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,940
Cap Rate 7%
$379,243
Cap Rate 9%
$294,967
Alternative Uses
Best Use
Office B
$852.4K
$745.9K – $994.5K
NOI $59,670 @ 7.0% cap · market cap 19.89%
Second Best
Flex RnD
$484.4K
$423.9K – $565.1K
NOI $33,908 @ 7.0% cap · market cap 11.30%
Theoretical Best
Office A
$1.14M
$999.2K – $1.33M
NOI $79,934 @ 7.0% cap · market cap 26.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70517, LA
26,434
Population
11,884
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
168.7 sq mi
ZIP Area
157
Density / Sq Mi
$58,342
Median Household Income
$40,119
Median Earnings
$938
Median Rent
$151,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility combining warehouse, climate-controlled, office, and secured outdoor storage areas.
Where is this flex space located?
The property is located at G-1803 Mills Hwy Breaux Bridge, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 5,200 square feet on 1.33 acres; Approximately 4,000 SF of shop and warehouse space; Three 14‑foot roll‑up doors and 3‑phase power
