Brick-and-Metal Flex
For Sale
$995,000
9775 Lockhart Rd, Denham Springs, LA 70726
Commercial Sale, Denham Springs, LA
Property Size10,000 SF
Lot Size0.80 Acres
Price / SF$99.50
Days on Market96
Property Features for 9775 Lockhart Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Exterior features
Door Sign
Subdivision
Rural Tract (no Subd)
Directions
HWY 16 N RIGHT ON LOCKHART ROAD. ACROSS FROM NORTH PARK
Standard status
Active
Size
10,000 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Description
LOT C-1 CONTS 1.39 ACRES SEC 28-6-3
Legal Description
LOT C-1 CONTS 1.39 ACRES SEC 28-6-3
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Building materials
Brick, Metal Const
Roof type
Metal
Listing Agency:
ACG Realty
(225) 384-0020
Listed By:
Alvin Cain · License #995701973
(225) 993-0827
Added: Jul 4
Changed: Sep 17
Last Checked: Oct 7 at 2:06PM
MLS# 2026012268
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.
Investment Insights
Based on property information with market context.
This 10,000-square-foot flex property occupies a 0.8-acre parcel and combines an open-span warehouse area with multiple private offices or classrooms. The building also includes restrooms, a kitchen or break area, and separate entry points. Brick and metal construction, a metal roof, central air conditioning, and electric heat are in place. Public water and public sewer serve the property.
The building has previously supported school, church, and athletic training or batting uses. A paved parking lot and roadside address on Lockhart Rd provide on-site parking and direct access. The layout can accommodate continued institutional or training use, office functions, or a future reconfiguration based on the purchaser’s plans.
The building has previously supported school, church, and athletic training or batting uses. A paved parking lot and roadside address on Lockhart Rd provide on-site parking and direct access. The layout can accommodate continued institutional or training use, office functions, or a future reconfiguration based on the purchaser’s plans.
Key Highlights
- 10,000 square feet of building area on 0.8 acres
- Open‑span warehouse or flex area with multiple private offices or classrooms
- Restrooms, kitchen or break area, and separate entry points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,976
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,520
$1.6M
Cap Rate 7%
$1,156,800
$1.2M
Cap Rate 9%
$899,733
$899.7K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$97.2K $9.72/SF
− Vacancy
−$1.9K −$0.19/SF
EGI
$95.3K $9.53/SF
− OpEx
−$14.3K −$1.43/SF
NOI
$81.0K $8.10/SF
Area
Livingston County, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,520
Cap Rate 7%
$1,156,800
Cap Rate 9%
$899,733
Alternative Uses
Best Use
Warehouse
$1.16M
$1.01M – $1.35M
NOI $80,976 @ 7.0% cap · market cap 8.14%
Second Best
Industrial
$952.7K
$833.6K – $1.11M
NOI $66,686 @ 7.0% cap · market cap 6.70%
Theoretical Best
Specialty Retail
$2.39M
$2.10M – $2.79M
NOI $167,644 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70726, LA
59,586
Population
24,925
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
88.2 sq mi
ZIP Area
676
Density / Sq Mi
$77,129
Median Household Income
$41,240
Median Earnings
$1,180
Median Rent
$215,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial building with open-span space, private rooms, restrooms, and a kitchen or break area.
Where is this flex space located?
The property is located at 9775 Lockhart Rd Denham Springs, LA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 10,000 square feet of building area on 0.8 acres; Open‑span warehouse or flex area with multiple private offices or classrooms; Restrooms, kitchen or break area, and separate entry points
