Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    428 Cornerview Rd Gonzales, LA 70737

    Sponsored
    For Sale
    Contact for pricing

    Prime Gonzales location, remodeled commercial space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    345
    This exceptional commercial property, situated at 428 W Cornerview Rd in Gonzales, Louisiana, presents a fantastic investment opportunity. The building, totaling approximately 1,086 square feet, sits on a 0.17-acre lot and boasts a recent remodel. Upgrades include new flooring, fresh paint, energy-efficient windows, updated fixtures, ceiling fans, and a brand-new central air and heating system. The interior layout is well-designed and functional, featuring a welcoming receptionist/waiting area, two private offices, a convenient kitchen, and two bathrooms – one public restroom and a private executive bathroom complete with a shower. A sizable storage room adds to the practicality of the space. The neutral color palette creates a versatile backdrop, while the building retains its unique character. Accessibility is ensured by a handicap-accessible ramp and a dedicated concrete parking space. Ample additional parking is available for clients and staff. The property also includes a fenced backyard, offering additional privacy and potential outdoor space. Its central Gonzales location on Cornerview Road, off Burnside, provides excellent visibility and convenient access to local amenities and businesses. The seller is open to owner financing options, making this an even more attractive proposition. This property is ideal for a variety of commercial uses, including, but not limited to, a lawyer's office or a hair salon.

    Property Features for 428 Cornerview Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    7,405 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Hair Salon Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gonzales
    County
    Ascension
    State
    Louisiana
    Longitude
    -90.9245
    Latitude
    30.23301

    Nearby Similar for Sale

    • $999,900
      6,480 SF

      Turn-Key Mobile Home Park Investment

      Fully occupied, meticulously planned 6-unit mobile home park on 3.31 acres.
      43451 Cannon Rd, Gonzales, LA 70774
      View Details
    • $360,000
      5,000 SF

      Gonzales Commercial Property Package

      Four rental units across three properties in Gonzales, Louisiana.
      13238 Depen St, Gonzales, LA 70737
      View Details
    • $599,000
      2,437 SF

      Class A Office in Gonzales

      Prime office space in Conway Community, Gonzales, Louisiana.
      430 Conway Vlg Blvd, Gonzales, LA 70737
      View Details
    • $325,000
      1,659 SF

      Upscale Townhome in 55+ Community

      Immaculate 3-bedroom townhome with resort-style amenities in Gonzales, Louisiana.
      5370 Courtyard Dr, Gonzales, LA 70737
      View Details
    • $1,275,000
      6,135 SF

      Medical Office Investment Opportunity

      Investment opportunity: fully occupied medical office building for sale.
      1702 N Burnside Ave, Gonzales, LA 70737
      View Details
    • $775,000
      5,600 SF

      Office/Warehouse Space in Gonzales, LA

      5,600 SF office/warehouse near I-10 and Hwy 30.
      3127 S Darla Ave, Gonzales, LA 70737
      View Details
    • $199,900
      1,205 SF

      LA. Flood Zone \""X\"" - No Flood Insurance Required. Approximate 1

      205 sqft building on 50' x 120' lot - also includes 10x16 wood storage shed and 10x13 metal storage shed. Charming cottage style building currently operating as a gift\/antique shop. WILL BE IN WALKING DISTANCE TO THE NEW TRAIN DEPOT COMING TO ASCENSION! Zoned for so many possibilities - office
      407 Ascension St, Gonzales, LA 70737
      View Details
    • Contact for pricing

      Gonzales Commercial Space Available

      High-visibility suite in thriving shopping center.
      14210 Airline Hwy Unit, Gonzales, LA 70737
      View Details
    • $3,000,000
      9.17 Acres

      Prime Gonzales Commercial Land

      High-visibility, 9-acre commercial lot.
      15511 Highway 44, Gonzales, LA 70737
      View Details
    • Contact for pricing
      0.27 Acres

      Gonzales Commercial Space Available

      Prime Gonzales location, office space for lease.
      Eastbank Dr, Gonzales, LA 70737
      View Details
    • $399,000
      0.26 Acres

      Gonzales Commercial Building - Hwy 44

      Prime Gonzales location, versatile commercial space.
      12478 Highway 44, Gonzales, LA 70737
      View Details
    • $1,500,000
      4,956 SF

      Gonzales Commercial Corner Lot Investment

      High-traffic location, ample space, huge potential.
      14023 Airline Hwy, Gonzales, LA 70737
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Gonzales location, remodeled commercial space.
    Where is this commercial real estate located?
    The property is located at 428 Cornerview Rd Gonzales, LA.
    (225) 954-0387
    Request Owner's contact information
    428 Cornerview Rd Gonzales, LA 70737
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    428 Cornerview Rd
    Gonzales, LA 70737
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    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
    428 Cornerview Rd Gonzales, LA 70737
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.