Medical Office with Four
For Sale
$399,900
1302 Williams Boulevard, Kenner, LA 70062
A reception area, waiting room, storage rooms, and paved on-site parking support a practical medical office layout.
Property Size2,212 SF
Lot Size0.33 Acres
Price / SF$180.79
Days on Market16
Property Features for 1302 Williams Boulevard
General Information
Standard status
Active
Size
2,212 SF
Total Parking Spaces
12
Lot size
0.33 Acres
Property subtype
Commercial
Zoning
c1
Additional Details
Road Access
Yes
Property Use
Medical Office
Building Details
Building Size
2,212 SF
Year Built
1949
Stories
1
Listing Agency:
Cypress Key Realty LLC
Listed By:
Christopher Romero
(504) 250-4848
Source:
Cypresskeyrealty
Added: Oct 9
Changed: Oct 23
Last Checked: Oct 23 at 5:34PM
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 Cypress Key Realty LLC
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Investment Insights
Based on property information with market context.
This medical office property contains 2,212 square feet on a one-third-acre corner parcel. The interior includes a reception area, a waiting room, storage rooms, four offices, and 2.5 bathrooms. The building dates to 1949.
The property is located at 1302 Williams Boulevard in Kenner, Louisiana, on a high-traffic street. Paved parking accommodates 12 vehicles.
The property is located at 1302 Williams Boulevard in Kenner, Louisiana, on a high-traffic street. Paved parking accommodates 12 vehicles.
Key Highlights
- 2,212‑square‑foot medical office on a one‑third‑acre corner lot
- Four offices, a reception area, and a waiting room
- Two storage rooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,251
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,020
$645.0K
Cap Rate 7%
$460,729
$460.7K
Cap Rate 9%
$358,344
$358.3K
Market Conditions
NOI Build-Up for 2,212 SF
Gross rent
$59.7K $27.00/SF
− Vacancy
−$6.0K −$2.70/SF
EGI
$53.8K $24.30/SF
− OpEx
−$21.5K −$9.72/SF
NOI
$32.3K $14.58/SF
Area
Jefferson County, LA
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,020
Cap Rate 7%
$460,729
Cap Rate 9%
$358,344
Alternative Uses
Best Use
Healthcare Medical
$460.7K
$403.1K – $537.5K
NOI $32,251 @ 7.0% cap · market cap 8.06%
Second Best
Office B
$438.4K
$383.6K – $511.5K
NOI $30,690 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$583.6K
$510.6K – $680.9K
NOI $40,851 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70062, LA
16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Southwest Mobile Vet Services — Kenner, LA 70065
Frequently Asked Questions
What type of property is this?
Medical Office Space - A reception area, waiting room, storage rooms, and paved on-site parking support a practical medical office layout.
Where is this medical office space located?
The property is located at 1302 Williams Boulevard Kenner, LA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,212‑square‑foot medical office on a one‑third‑acre corner lot; Four offices, a reception area, and a waiting room; Two storage rooms and 2.5 bathrooms
