Office Unit with Customizable
For Sale
$850,000
1439 CENTRE Court, Alexandria, LA 71301
Commercial Sale, Alexandria, LA
Property Size3,190 SF
Price / SF$266.46
Days on Market362
Property Features for 1439 CENTRE Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM
Parking features
Parking Lot
Lot features
Corner Lot
Directions
REGIONS BANK BUILDING OFF JACKSON ST 4TH FLOOR
Subdivision
100 Rapides, Alex Side
Standard status
Active
APN
2404309264000201
Size
3,190 SF
Additional Details
Property Use
Office
Condition
Shell
Taxes and HOA fees
Tax Description
UNIT2 CENTRE CT 1/2 OF UNFINISHED PORTION OF 4TH FLOOR CONSISTING OF 3190 SQFT NET BUILDOUT AREA PLUS 769 SQFT OF COMMON AREA 38.8% OF 4TH FLOOR
Legal Description
UNIT2 CENTRE CT 1/2 OF UNFINISHED PORTION OF 4TH FLOOR CONSISTING OF 3190 SQFT NET BUILDOUT AREA PLUS 769 SQFT OF COMMON AREA 38.8% OF 4TH FLOOR
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Amenities
conference room
lobby
parking lots
Building Details
Year built
2007
Floors in Building
1
Building materials
Concrete
Buildings
1
Listing Agency:
STEVEN SEALE PROPERTIES, LLC
(318) 445-3359
Listed By:
Steven Seale · License #0912124868
(318) 715-3333
Added: Oct 27, 2025
Changed: Oct 23
Last Checked: Oct 23 at 8:06PM
MLS# 2528275
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This fourth-floor office unit at 1439 Centre Court offers 3,190 square feet of unfinished space for a future interior layout. The sale also includes 769 square feet of common areas. Concrete construction dates to 2007, and natural gas is available; the property has public water and sewer service.
Building amenities include a lobby, elevators, fourth-floor restrooms, and a conference room, with access to the parking lots. Large windows face Center Court and Jackson Street. Existing build-out plans are available, or the space can be configured to suit an office use.
Building amenities include a lobby, elevators, fourth-floor restrooms, and a conference room, with access to the parking lots. Large windows face Center Court and Jackson Street. Existing build-out plans are available, or the space can be configured to suit an office use.
Key Highlights
- 3,190 square feet of unfinished fourth‑floor space
- Includes 769 square feet of building common areas
- Windows overlook Center Court and Jackson Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,788
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,760
$895.8K
Cap Rate 7%
$639,829
$639.8K
Cap Rate 9%
$497,644
$497.6K
Market Conditions
NOI Build-Up for 3,190 SF
Gross rent
$76.6K $24.00/SF
− Vacancy
−$16.8K −$5.28/SF
EGI
$59.7K $18.72/SF
− OpEx
−$14.9K −$4.68/SF
NOI
$44.8K $14.04/SF
Area
Rapides County, LA
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,760
Cap Rate 7%
$639,829
Cap Rate 9%
$497,644
Alternative Uses
Best Use
Office B
$639.8K
$559.9K – $746.5K
NOI $44,788 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$879.3K
$769.4K – $1.03M
NOI $61,554 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 71301, LA
20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
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
Frequently Asked Questions
What type of property is this?
Office unit - An unfinished fourth-floor space includes shared building amenities and access to parking.
Where is this office unit located?
The property is located at 1439 CENTRE Court Alexandria, LA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,190 square feet of unfinished fourth‑floor space; Includes 769 square feet of building common areas; Windows overlook Center Court and Jackson Street
