Three-Suite Office Condominium
1234 Del Este Ave Denham Springs, LA 70726
1234 Del Este Ave, Denham Springs, LA, 70726
$365,000
For Sale
$365,000
Three-suite commercial office building offering two leased suites and one available suite within an office park condominium setting.
Property Size2,511 SF
Price / SF$145.36
Days on Market350
Property Features for 1234 Del Este Ave
General Information
- Standard status
- Active
- Size
- 2,511 SF
- Property subtype
- General Commercial
Listing agency
Covington & Associates Real Estate, LLC
(225) 667-3711
Listed by
Aaron Goolsby · License #0000069174
(225) 667-3711
Source
Xome
Added: Aug 6, 2025 Updated: Jul 20 at 5:35PM Checked: Jul 21 at 3:15AM
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
Investment Insights
Based on property information with market context.
This three-suite commercial office condominium building totals 2,511 square feet and is designed to support professional office use. The property includes Suite 801 and Suite 803 at 829 square feet each, both currently under lease, and Suite 802 at 853 square feet.
Located within Del Este Office Park Condominiums in the City limits of Denham Springs, the building is positioned for convenient access to major roadways and local amenities as described in the offering.
The layout provides individual suite spaces with reception and office areas within a shared office park condominium environment.
Located within Del Este Office Park Condominiums in the City limits of Denham Springs, the building is positioned for convenient access to major roadways and local amenities as described in the offering.
The layout provides individual suite spaces with reception and office areas within a shared office park condominium environment.
Key Highlights
- 2,511 SF three‑suite commercial office building in Del Este Office Park Condominiums (City of Denham Springs).
- Suite 801: 829 SF and currently leased.
- Suite 802: 853 SF (not listed as leased).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $13.08 |
| − Vacancy | −$821 | −$0.33 |
| EGI | $32.0k | $12.75 |
| − OpEx | −$8.0k | −$3.19 |
| NOI | $24.0k | $9.56 |
2,511 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$343.1K
$300.2K – $400.3K
NOI $24,017 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$601.4K
$526.2K – $701.6K
NOI $42,095 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Office units - Three-suite commercial office building offering two leased suites and one available suite within an office park condominium setting.
Where is this office units located?
The property is located at 1234 Del Este Ave Denham Springs, LA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2,511 SF three‑suite commercial office building in Del Este Office Park Condominiums (City of Denham Springs).; Suite 801: 829 SF and currently leased.; Suite 802: 853 SF (not listed as leased).
