Storefront Property with
For Sale
$525,000
115 N College St E, Denham Springs, LA 70726
Corner commercial building with two suites, multiple drive-through bays, patio space, and C1 zoning.
Property Size2,400 SF
Lot Size0.42 Acres
Price / SF$218.75
Days on Market68
Property Features for 115 N College St E
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
12
Lot size
0.42 Acres
Property subtype
Retail
Zoning
C1
Occupancy
100%
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
32,000 vehicles/day
Road Access
Yes
Additional Details
Service Bays
2
Amenities
patio
drive thru
office/waiting area
Building Details
Building Size
2,400 SF
Year Built
2020
Buildings
1
Tenancy
Multi
Parking Ratio
5 per 1,000 SF
Listing Agency:
Beau Box Commercial Real Estate
(469) 449-4898
Listed By:
Bryant Butler · License #SALE.995706731-ACT
(469) 449-4898
Source:
Beaubox
Added: Jun 24
Changed: Aug 29
Last Checked: Aug 29 at 8:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beau Box Commercial Real Estate
Investment Insights
Based on property information with market context.
The 2,400 SF storefront building contains two separately configured suites. One measures approximately 575 SF and includes a patio and drive-through, while the second provides approximately 1,825 SF with two drive-through bays plus office and waiting areas. The layout supports retail, service, or automotive-oriented occupancy, subject to applicable requirements. Built in 2020, the building is elevated above Base Flood Elevation and is currently 100% occupied by Olivia's Snowballs and Platinum Window Tint.
The 0.415-acre property sits at the corner of N Range Ave and N College St in Denham Springs, with full access from N Range Ave and three points of ingress and egress. The site includes 11 parking spaces and one handicap space, with reported parking at 5 / 1,000 SF. N Range Ave carries over 32,000 vehicles per day, and the property is zoned C1.
The 0.415-acre property sits at the corner of N Range Ave and N College St in Denham Springs, with full access from N Range Ave and three points of ingress and egress. The site includes 11 parking spaces and one handicap space, with reported parking at 5 / 1,000 SF. N Range Ave carries over 32,000 vehicles per day, and the property is zoned C1.
Key Highlights
- 2,400 SF building on a 0.415‑acre lot
- ±575 SF suite with patio and drive‑through
- ±1,825 SF suite with 2 drive‑thru bays, office, and waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,552
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$751,040
$751.0K
Cap Rate 7%
$536,457
$536.5K
Cap Rate 9%
$417,244
$417.2K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$53.9K $22.44/SF
− Vacancy
−$210 −$0.09/SF
EGI
$53.6K $22.35/SF
− OpEx
−$16.1K −$6.71/SF
NOI
$37.6K $15.65/SF
Area
Livingston County, LA
Vacancy
0.39%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$751,040
Cap Rate 7%
$536,457
Cap Rate 9%
$417,244
Alternative Uses
Best Use
Retail
$536.5K
$469.4K – $625.9K
NOI $37,552 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$228.6K
$200.1K – $266.8K
NOI $16,005 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$574.8K
$502.9K – $670.6K
NOI $40,234 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
32,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
43k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Home Improvements & Furnishings 38%
McDonald's
Dining
21,531 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
16,179 visits/mo
0.5 miles
Little Caesars Pizza
Dining
4,962 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Let's Make A Deal Iron Works — 801 Bay St, Denham Springs, LA 70726
- Jake's On The Avenue — 105 N Range Ave C, Denham Springs, LA 70726
- JW FLORAL & DESIGNS — 135 S Hummell St, Denham Springs, LA 70726
- Say It With Silks
Frequently Asked Questions
What type of property is this?
Storefront property - Corner commercial building with two suites, multiple drive-through bays, patio space, and C1 zoning.
Where is this storefront property located?
The property is located at 115 N College St E Denham Springs, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,400 SF building on a 0.415‑acre lot; ±575 SF suite with patio and drive‑through; ±1,825 SF suite with 2 drive‑thru bays, office, and waiting area
