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    Renovated Retail or Office Space Title is generated by Realmo AI

    18780 La Hwy 22 Highway, Maurepas, LA 70449

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    For Lease
    $2,193/Mo $19 SF/Yr (calc)

    Commercial - Maurepas, LA

    Property size:
    1,350 SF
    Lot size:
    0.25 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    47
    Last Refresh:
    May 30 at 1:06 am

    Property Features for 18780 La Hwy 22 Highway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Exterior features
    Roof Sign
    Standard status
    Active
    Size
    1,350 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Flooring type
    Vinyl
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Tom Bhramayana

    Listing agent Tom Bhramayana

    Listing office Keller Williams Realty Premier Partners 1113 S Range Ave Ste 140, Denham Springs, LA

    Listing date Apr 14, 2026

    MLS# 2026006691 Listing URL

    Copyright © 2026 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Renovated 1350 sq/ft retail/office space, suitable for various service providers.
    • High‑traffic location in Plaza 22, serving the growing Amite River Diversion Canal community with approximately 8600 vehicles per day.
    • Pre‑plumbed connections for sinks and extra electrical for coolers, ideal for food/beverage businesses.
    • Potential for drive‑through access in the rear.
    • Features include tall ceilings, a large quartz retail counter, fresh paint, and wood‑look vinyl flooring.
    • Located in a busy commercial center with diverse businesses, including dining, storage, and personal services.

    Overview

    This is a 1350 square foot renovated retail or office space located in the Plaza 22 commercial center. The shopping center is occupied and serves the Amite River Diversion Canal river community. The space was recently renovated to accommodate a coffee shop, but it can be used by a variety of service providers. The space features tall ceilings, a large quartz retail counter space, fresh paint, and wood-look vinyl flooring. It is pre-plumbed with additional connections for sinks and has extra electrical for coolers. There is also a storage room. The space can accommodate a drive-through in the rear. The front showroom is open, but divider walls can be added for additional office space if needed. The Diversion Canal area is constantly growing and could use service providers such as a mini DMV/notary, financial advisor, or insurance agent. Plaza 22 sees approximately 8600 vehicles per day since Highway 22 bridge over the Diversion Canal connects commuters from Ascension and Livingston Parishes. Plaza 22 is a place where you can get a haircut, a manicure, a daiquiri, rent a storage space for your boat or RV, or dine in at Diversion Pizza. The property is situated on a 0.25-acre lot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Maurepas
    County
    Livingston
    State
    Louisiana
    Longitude
    -90.6671
    Latitude
    30.2636

    FAQs

    What type of property is this?
    Retail space - Recently renovated 1350 sq ft retail or office space.
    Where is this retail space located?
    The property is located at 18780 La Hwy 22 Highway Maurepas, LA.
    What is the lease rate?
    The lease rate is $2,193 /Mo.
    What are key features of this property?
    This property features: Renovated 1350 sq/ft retail/office space, suitable for various service providers.; High‑traffic location in Plaza 22, serving the growing Amite River Diversion Canal community with approximately 8600 vehicles per day.; Pre‑plumbed connections for sinks and extra electrical for coolers, ideal for food/beverage businesses.
    (225) 664-1911
    We can help!
    Listing Contact
    Tom Bhramayana
    Real Estate License ID: 0000055578
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    18780 La Hwy 22 Highway, Maurepas, LA 70449
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