Medical Office and Live-Work
29906 S MONTPELIER Road Albany, LA 70711
29906 S MONTPELIER Road, Albany, LA, 70711
$599,000
For Sale
$599,000
COMMERCIAL - Albany, LA
Property Size4,264 SF
Lot Size0.04 Acres
Price / SF$140.48
Days on Market149
Property Features for 29906 S MONTPELIER Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Parking features
- Carport, Off Street
- Standard status
- Active
- APN
- 04T0293639
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Description
- TRACT 1 SEC 40-6-6 MEAS 110 X 47 CONTS .119 OF AN ACRE A LOT SEC 40-6-6 MEAS 99 X 110 X 106.72 X 104.7 CONTS .253 OF AN ACRE 0.043 OF AN ACRE SEC 40-6-6 .032 HECTARES
Utilities
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
Listing Agency
Barden Realty, LLC
(985) 237-1830
800 Ramon St., MANDEVILLE, LA
Listed by
Alyce Cartier
(985) 237-1830
Added: Feb 18 Checked: Jul 17 at 7:06 am
MLS# 2542908
Copyright © 2026 New Orleans Metropolitan 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.
Investment Insights
Based on property information with market context.
This for-sale commercial property includes two buildings. The main building is designed for dual use, with one section finished as a residential-style space featuring a full kitchen and an upscale bathroom with a steam shower and jacuzzi tub, and the other section built out as a fully operational medical office previously used as a dental practice. Separate entrances serve both sides, and covered porches are included. A generator is noted as part of the property’s features. Both buildings have durable brick siding and metal roofs.
The property is located in Albany, Louisiana, on a busy main road and is described as having strong exposure. The second, standalone building is a separate 1,542-square-foot structure that can be configured for office or retail use and includes a half bath.
All in-place leases are intended to be honored, and owner financing is available. Zoning is listed as “Comm.”
The property is located in Albany, Louisiana, on a busy main road and is described as having strong exposure. The second, standalone building is a separate 1,542-square-foot structure that can be configured for office or retail use and includes a half bath.
All in-place leases are intended to be honored, and owner financing is available. Zoning is listed as “Comm.”
Key Highlights
- Two‑building commercial property in Albany with main‑road exposure and covered porches
- Main building totals 4,264 SF with dual‑use setup: residential‑style area (full kitchen, steam shower, jacuzzi tub) plus a built‑out medical office previously used as a dental practice
- Standalone building totals 1,542 SF with a half bath, configurable for office or retail use
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.6k | $16.80 |
| − Vacancy | −$3.2k | −$0.76 |
| EGI | $68.4k | $16.04 |
| − OpEx | −$27.4k | −$6.42 |
| NOI | $41.0k | $9.63 |
4,264 SF · lease $16.80/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$586.4K
$513.1K – $684.1K
NOI $41,047 @ 7.0% cap · market cap 6.85%
Second Best
Office B
$582.6K
$509.8K – $679.7K
NOI $40,784 @ 7.0% cap · market cap 6.81%
Theoretical Best
Specialty Retail
$1.02M
$893.5K – $1.19M
NOI $71,483 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Two-building commercial property with a built-out medical office and residential-style section, plus a separate office/retail building.
Where is this medical office space located?
The property is located at 29906 S MONTPELIER Road Albany, LA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑building commercial property in Albany with main‑road exposure and covered porches; Main building totals 4,264 SF with dual‑use setup: residential‑style area (full kitchen, steam shower, jacuzzi tub) plus a built‑out medical office previously used as a dental practice; Standalone building totals 1,542 SF with a half bath, configurable for office or retail use
