Orthodontic Medical
New
For Sale
$330,000
12799 Burgess Ave, Walker, LA 70785
Configured for dental, medical, or professional office operations with treatment rooms, labs, and patient-facing areas.
Property Size2,321 SF
Lot Size0.30 Acres
Price / SF$142.18
Days on Market3
Property Features for 12799 Burgess Ave
General Information
Standard status
Active
Size
2,321 SF
Total Parking Spaces
21
Lot size
0.30 Acres
Additional Details
Asking Price
$330,000
Building Details
Buildings
1
Building Size
2,321 SF
Listing Agency:
KW Commercial Baton Rouge
Listed By:
David Vercher · License #70595
(225) 768-1889
Source:
Larry.agent225
Added: Sep 11
Last Checked: Sep 12 at 11:12AM
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 KW Commercial Baton Rouge
Investment Insights
Based on property information with market context.
This 2,321 SF medical office property on approximately 0.30 acres is currently operating as an orthodontic practice. The interior configuration includes eight offices, treatment, and work areas, plus a lobby, reception area, two lab areas, kitchen, two restrooms, lavatories within office areas, and washer/dryer connections. The existing layout supports dental, orthodontic, medical, and other professional office uses.
Located at 12799 Burgess Ave in Walker, Louisiana, the property includes 21 on-site parking spaces. Its combination of treatment-oriented rooms, laboratory areas, patient reception space, and office amenities provides an established physical setup for an owner-user or professional office operation.
Located at 12799 Burgess Ave in Walker, Louisiana, the property includes 21 on-site parking spaces. Its combination of treatment-oriented rooms, laboratory areas, patient reception space, and office amenities provides an established physical setup for an owner-user or professional office operation.
Key Highlights
- 2,321 SF office building on approximately 0.30 acres
- Currently operating as an orthodontic office
- Eight offices, treatment, and work areas
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
$22,343
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
6.77%
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%
$446,860
$446.9K
Cap Rate 7%
$319,186
$319.2K
Cap Rate 9%
$248,256
$248.3K
Market Conditions
NOI Build-Up for 2,321 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
$39.0K $16.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$37.2K $16.04/SF
− OpEx
−$14.9K −$6.42/SF
NOI
$22.3K $9.63/SF
Area
Livingston County, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
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%
$446,860
Cap Rate 7%
$319,186
Cap Rate 9%
$248,256
Alternative Uses
Best Use
Healthcare Medical
$319.2K
$279.3K – $372.4K
NOI $22,343 @ 7.0% cap · market cap 6.77%
Second Best
Office B
$317.1K
$277.5K – $370.0K
NOI $22,200 @ 7.0% cap · market cap 6.73%
Theoretical Best
Specialty Retail
$555.9K
$486.4K – $648.5K
NOI $38,910 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70785, LA
22,569
Population
8,555
Households
2.6
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
93.3 sq mi
ZIP Area
242
Density / Sq Mi
$84,551
Median Household Income
$52,025
Median Earnings
$1,059
Median Rent
$235,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Walker Animal Hospital — 29084 Walker South Rd, Walker, LA 70785
- Hannah Sibley, DVM — 29084 Walker South Rd, Walker, LA 70785
- HOPE Veterinary Clinic — 9792 Florida Blvd, Walker, LA 70785
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for dental, medical, or professional office operations with treatment rooms, labs, and patient-facing areas.
Where is this medical office space located?
The property is located at 12799 Burgess Ave Walker, LA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,321 SF office building on approximately 0.30 acres; Currently operating as an orthodontic office; Eight offices, treatment, and work areas
