Highway-Frontage Flex
For Sale
Contact for pricing
1903 Cypress St, West Monroe, LA 71291
B-3 zoning, three-phase power, and public utilities support a range of commercial operations.
Property Size5,967 SF
Lot Size0.71 Acres
Price / SF$115.60
Days on Market508
Property Features for 1903 Cypress St
General Information
Standard status
Active
Size
5,967 SF
Lot size
0.71 Acres
Property subtype
RETAIL
Zoning
B-3 Commercial
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
4,778 SF
Three-Phase Power
Yes
Amenities
Nine (9) roll-up doors
3-phase power available
Public water, sewer, and natural gas
Building Details
Buildings
1
Building Size
5,967 SF
Listing Agency:
John Rea Realty
(318) 388-0941
Listed By:
Jennifer Causey · License #LA995693195
(318) 261-0892
Source:
Moodyscre
Added: Apr 14, 2025
Changed: Aug 31
Last Checked: Sep 1 at 11:43PM
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 John Rea Realty
Investment Insights
Based on property information with market context.
This flex facility combines approximately 5,967 SF of showroom, office, warehouse, and shop space. The property includes approximately 1,189 SF configured for retail, showroom, and office functions, along with approximately 4,778 SF of warehouse and shop area. Nine roll-up doors support access to the rear operational space, while asphalt and concrete parking provide striped on-site spaces. Multiple-face pylon signage and available three-phase power are also included.
The approximately 0.709-acre parcel occupies the signalized corner of Cypress St (Hwy 80) and Cryer St, with frontage on Highway 80. The site is served by public water, sewer, and natural gas and carries B-3 Commercial Zoning.
The approximately 0.709-acre parcel occupies the signalized corner of Cypress St (Hwy 80) and Cryer St, with frontage on Highway 80. The site is served by public water, sewer, and natural gas and carries B-3 Commercial Zoning.
Key Highlights
- Approximately 5,967 SF flex facility with showroom, office, warehouse, and shop areas
- Approximately 0.709‑acre signalized corner at Cypress St (Hwy 80) and Cryer St
- Approximately 1,189 SF of retail/showroom/office space
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
$51,383
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
7.45%
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%
$1,027,660
$1.0M
Cap Rate 7%
$734,043
$734.0K
Cap Rate 9%
$570,922
$570.9K
Market Conditions
NOI Build-Up for 5,967 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
$85.9K $14.40/SF
− Vacancy
−$6.9K −$1.15/SF
EGI
$79.1K $13.25/SF
− OpEx
−$27.7K −$4.64/SF
NOI
$51.4K $8.61/SF
Area
Ouachita County, LA
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
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%
$1,027,660
Cap Rate 7%
$734,043
Cap Rate 9%
$570,922
Alternative Uses
Best Use
Retail
$2.34M
$2.05M – $2.73M
NOI $163,740 @ 7.0% cap · market cap 23.74%
Second Best
Flex RnD
$734.0K
$642.3K – $856.4K
NOI $51,383 @ 7.0% cap · market cap 7.45%
Theoretical Best
Multifamily LT 5
$64.27M
$56.24M – $74.98M
NOI $4,499,083 @ 7.0% cap · market cap 652.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71291, LA
34,670
Population
15,290
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
65.5 sq mi
ZIP Area
529
Density / Sq Mi
$69,012
Median Household Income
$46,127
Median Earnings
$974
Median Rent
$219,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - B-3 zoning, three-phase power, and public utilities support a range of commercial operations.
Where is this flex space located?
The property is located at 1903 Cypress St West Monroe, LA.
What is the asking price?
The asking price for this property is $689,786.
What are key features of this property?
This property features: Approximately 5,967 SF flex facility with showroom, office, warehouse, and shop areas; Approximately 0.709‑acre signalized corner at Cypress St (Hwy 80) and Cryer St; Approximately 1,189 SF of retail/showroom/office space
