Garden Office
For Sale
Contact for pricing
1201 S Purpera Ave, Gonzales, LA 70737
One well-maintained garden office suite is currently occupied near major road access.
Property Size2,480 SF
Price / SF$185
Days on Market257
Property Features for 1201 S Purpera Ave
General Information
Standard status
Active
Size
2,480 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Elifin Realty
(800) 895-9329
Listed By:
Lindsay M Redhead · License #0995702768
(225) 938-3148
Source:
Moodyscre
Added: Feb 20
Changed: Oct 26
Last Checked: Nov 1 at 8:44AM
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 Elifin Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained garden office suite is currently occupied and offers a practical setup for an office tenant. The property totals 2,480 square feet and is presented as a single suite.
Convenient access is supported by proximity to Airline Hwy and E Worthey Rd, with public remarks indicating the property is within about one minute of these routes. The immediate area includes major nearby retailers and services, including Walmart and Rouses, along with Ascension Parish Government.
The suite configuration is straightforward, making it suitable for an office user looking for an established, kept-up space.
Convenient access is supported by proximity to Airline Hwy and E Worthey Rd, with public remarks indicating the property is within about one minute of these routes. The immediate area includes major nearby retailers and services, including Walmart and Rouses, along with Ascension Parish Government.
The suite configuration is straightforward, making it suitable for an office user looking for an established, kept-up space.
Key Highlights
- Single office suite currently occupied
- Well‑maintained garden office suite
- 2,480 SF total property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,114
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,280
$522.3K
Cap Rate 7%
$373,057
$373.1K
Cap Rate 9%
$290,156
$290.2K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$44.6K $18.00/SF
− Vacancy
−$9.8K −$3.96/SF
EGI
$34.8K $14.04/SF
− OpEx
−$8.7K −$3.51/SF
NOI
$26.1K $10.53/SF
Area
Ascension County, LA
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,280
Cap Rate 7%
$373,057
Cap Rate 9%
$290,156
Alternative Uses
Best Use
Office B
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$544.2K
$476.2K – $634.9K
NOI $38,093 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 70737, LA
47,332
Population
20,720
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
86%
High-School Grad
54.0 sq mi
ZIP Area
877
Density / Sq Mi
$80,758
Median Household Income
$51,444
Median Earnings
$1,533
Median Rent
$252,600
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
Frequently Asked Questions
What type of property is this?
Office unit - One well-maintained garden office suite is currently occupied near major road access.
Where is this office unit located?
The property is located at 1201 S Purpera Ave Gonzales, LA.
What is the asking price?
The asking price for this property is $458,800.
What are key features of this property?
This property features: Single office suite currently occupied; Well‑maintained garden office suite; 2,480 SF total property size
