Highway Office
For Sale
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14169 Highway 73 Suite C, Prairieville, LA 70769
Office unit identified as Suite C along Highway 73.
Property Size2,420 SF
Price / SF$194.44
Days on Market150
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Property Features for 14169 Highway 73 Suite C
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$42,350
Additional Details
Cap Rate
9%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Christopher Biuso · License #Fl SL3424071
(407) 557-3841
Source:
Crexi
Added: May 19
Changed: Oct 13
Last Checked: Oct 15 at 12:00AM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
Suite C is a 2,420-square-foot office unit at 14169 Highway 73 in Prairieville, Louisiana. The property is offered for sale and carries a stated 9.00% CAP rate.
Key Highlights
- 2,420‑square‑foot office unit
- Suite C configuration
- Located at 14169 Highway 73, Prairieville, LA 70769
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,483
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,660
$509.7K
Cap Rate 7%
$364,043
$364.0K
Cap Rate 9%
$283,144
$283.1K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$43.6K $18.00/SF
− Vacancy
−$9.6K −$3.96/SF
EGI
$34.0K $14.04/SF
− OpEx
−$8.5K −$3.51/SF
NOI
$25.5K $10.53/SF
Area
Ascension County, LA
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,660
Cap Rate 7%
$364,043
Cap Rate 9%
$283,144
Alternative Uses
Best Use
Office B
$364.0K
$318.5K – $424.7K
NOI $25,483 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$531.0K
$464.6K – $619.5K
NOI $37,171 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 70769, LA
46,671
Population
17,557
Households
2.7
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
47.9 sq mi
ZIP Area
974
Density / Sq Mi
$114,707
Median Household Income
$59,552
Median Earnings
$1,245
Median Rent
$295,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Office unit identified as Suite C along Highway 73.
Where is this office units located?
The property is located at 14169 Highway 73 Suite C Prairieville, LA.
What is the asking price?
The asking price for this property is $470,555.
What are key features of this property?
This property features: 2,420‑square‑foot office unit; Suite C configuration; Located at 14169 Highway 73, Prairieville, LA 70769
