Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1234 Del Este Ave Ste 101 Denham Springs, LA 70726

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,225 /Mo

    2884 SF office suite in a professional office complex.

    Property size:
    2,884 SF
    Lot size:
    0.10 Acres
    Added:
    Nov 5, 2024
    Days on Market:
    540
    Last Refresh:
    Jan 20 at 9:16 am

    Property Features for 1234 Del Este Ave Ste 101

    General Information

    Standard status
    Active
    Size
    2,884 SF
    Lot size
    0.10 Acres

    We can help!

    Listing Contact
    Aaron Goolsby

    Listing agent Aaron Goolsby

    Listing office Covington & Associates Real Estate, LLC

    Listing date Nov 5, 2024

    Source Exprealty

    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 Covington & Associates Real Estate, LLC

    Overview

    Professional Office Suite in Denham

    This 2884-square-foot commercial office building is situated in the Commons at Del Este Office Park, a professional office complex located within the city limits of Denham Springs, Louisiana. The suite is designed to provide a comfortable and functional space suitable for a small business or professional office. The layout includes a reception area, a conference room, multiple offices, and a large open room suitable for meetings and training events. Additionally, the suite features a kitchen and break area, along with three restrooms. The location offers accessibility, being near major roadways and local amenities. This office building is suitable for a range of professional needs.
    Location Intelligence

    Current Use by Public Records

    Marshall Eppes - NMLS# ... Loan Service Retina & Vitreous of Louisiana Medical Clinic Brian McCumsey at CrossCountry ... Loan Service Get Off My ... Alternative Medicine Practice Melissa Sepeda Foster Care Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Denham Springs
    County
    Livingston
    State
    Louisiana
    Longitude
    -90.9532
    Latitude
    30.4708

    Nearby Similar for Lease

    • $2,500/Mo

      Spacious Office Warehouse in Denham

      6250 sqft office warehouse with stabilized yard and parking.
      10965 Lois Ln, Denham Springs, LA 70726
      View Details
    • Contact for pricing

      Restaurant Space Near Bass Pro

      Restaurant space available for lease near Bass Pro and I-12.
      151 Bass Pro Boulevard, Denham Springs, LA 70726
      View Details
    • Contact for pricing

      Retail Space in Livingston Square

      Retail spaces for lease in high-traffic shopping center.
      730 South Range Avenue, Denham Springs, LA 70726
      View Details
    • $33 SF/Yr

      Adaptable Retail, Office, Medical Space

      Versatile 3,400 SF space divisible for retail, office, or medical.
      27800 Juban Rd, Denham Springs, LA, 70726-8085
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Denham Springs, Louisiana.
      120 Bass Pro Blvd, Denham Springs, LA
      View Details
    • Contact for pricing

      Retail Center Near I-12

      Well-maintained retail center with turn-key lease options in high-growth area.
      25550 Juban Rd, Denham Springs, LA 70726
      View Details
    • Contact for pricing

      Denham Springs Medical/Office Space

      Prime 1,792 SF medical/office space for lease in Denham Springs.
      215 North St, Denham Springs, LA 70726
      View Details
    • Contact for pricing

      New Retail and Office Space

      New construction retail and office spaces available for lease.
      7702 Magnolia Beach Rd, Denham Springs, LA 70726
      View Details
    • Contact for pricing

      Retail Spaces in Denham Springs

      Retail spaces for lease in Broadway Place Shopping Center.
      7755 Magnolia Beach Rd, Denham Springs, LA 70726
      View Details

    FAQs

    What type of property is this?
    Office units - 2884 SF office suite in a professional office complex.
    Where is this office units located?
    The property is located at 1234 Del Este Ave Ste 101 Denham Springs, LA.
    What is the lease rate?
    The lease rate is $4,225 /Mo.
    What are key features of this property?
    This property features: Located in the Commons at Del Este Office Park, a professional office complex within the City limits of Denham Springs.; 2884‑square‑foot suite offering a comfortable and functional space.; Features a welcoming reception area, conference room, multiple offices, and a large open room.
    (225) 667-3711
    We can help!
    Listing Contact
    Aaron Goolsby
    Learn More
    Request Owner's contact information
    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.
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!