Professional Office
For Sale
$389,000
Pending
7343 Hwy 182 E, Morgan City, LA 70380
Commercial Sale, Morgan City, LA
Property Size2,400 SF
Lot Size0.30 Acres
Days on Market185
Property Features for 7343 Hwy 182 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Security features
Security System
Exterior features
Door Sign
Subdivision
Ward Eleven
Directions
From top of Atchafaylaya Bridge, head into Morgan City; take exit 175B; merge onto LA-182 E/US-90 BUS E; pass by McDonald's (on the left); turn left into the Allstate Building parking lot.
Standard status
Pending
APN
3254341312.00
Size
2,400 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
LOT POR NO 6 JOSEPH FINKELSTEIN ET AL BEING POR TRACT ABCDA PER PLAT 23K 187373
Legal Description
LOT POR NO 6 JOSEPH FINKELSTEIN ET AL BEING POR TRACT ABCDA PER PLAT 23K 187373
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile - Ceramic, Wood
Roof type
Metal
Listing Agency:
Arceneaux Real Estate, LLC
(337) 322-8300
Listed By:
Paul Arceneaux · License #995719154
(337) 262-7873
Added: Apr 6
Changed: Oct 2
Last Checked: Oct 7 at 8:06AM
MLS# 2600002839
Copyright © 2026 Realtor Association of Acadiana. 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.
The 2,400-square-foot office property contains six private offices and three bathrooms. Interior walls can be moved, allowing the floor plan to be reconfigured. The building has a brick exterior, a covered entry, and on-site parking, and occupies a 0.3-acre parcel.
Located at 7343 Hwy 182 E in Morgan City, the property is served by public water and public sewer. Ceramic tile and wood flooring are present, with central air conditioning and central electric heat.
Located at 7343 Hwy 182 E in Morgan City, the property is served by public water and public sewer. Ceramic tile and wood flooring are present, with central air conditioning and central electric heat.
Key Highlights
- 2,400 square feet on a 0.3‑acre parcel
- Six private offices and three bathrooms
- Interior walls can be moved to change the layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,741
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,820
$414.8K
Cap Rate 7%
$296,300
$296.3K
Cap Rate 9%
$230,456
$230.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$33.1K $13.80/SF
− Vacancy
−$5.5K −$2.28/SF
EGI
$27.7K $11.52/SF
− OpEx
−$6.9K −$2.88/SF
NOI
$20.7K $8.64/SF
Area
St. Mary County, LA
Vacancy
16.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,820
Cap Rate 7%
$296,300
Cap Rate 9%
$230,456
Alternative Uses
Best Use
Office B
$296.3K
$259.3K – $345.7K
NOI $20,741 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.5K
$358.3K – $477.7K
NOI $28,664 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 70380, LA
21,079
Population
9,739
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
77%
High-School Grad
77.7 sq mi
ZIP Area
271
Density / Sq Mi
$54,504
Median Household Income
$40,731
Median Earnings
$876
Median Rent
$138,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Interior partitions can be repositioned to accommodate different office layouts.
Where is this office building located?
The property is located at 7343 Hwy 182 E Morgan City, LA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,400 square feet on a 0.3‑acre parcel; Six private offices and three bathrooms; Interior walls can be moved to change the layout
