Furnished Executive Office
For Sale
Contact for pricing
16031 DEBLIN SQ, Hammond, LA 70403
Private offices include round-the-clock coded entry, shared reception space, and included utilities and Wi-Fi.
Property Size360 SF
Price / SF$1.67
Days on Market84
Property Features for 16031 DEBLIN SQ
General Information
Standard status
Active
Size
360 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Executive Suites
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Nicole Hornsby-Harrison · License #995715039
(504) 616-2655
Source:
Geauxsouthrealty
Added: Aug 11
Changed: Oct 31
Last Checked: Oct 31 at 2:22PM
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 Keller Williams Realty Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Three furnished private office suites are offered within a 360-square-foot office property at 16031 Deblin Sq in Hammond. The setup includes a shared reception and client waiting area, common areas, and restrooms.
Each suite has 24/7 entry using an individual access code, and the property has a monitored security system. Utilities and high-speed internet are included, with on-site parking available.
Each suite has 24/7 entry using an individual access code, and the property has a monitored security system. Utilities and high-speed internet are included, with on-site parking available.
Key Highlights
- Three furnished private office suites
- 360‑square‑foot office property at 16031 Deblin Sq, Hammond, LA 70403
- 24/7 secured entry with an individual access code for each suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,427
Suggested Prices Based on Cap Rates
Cap Rate 5%
$108,540
$108.5K
Cap Rate 7%
$77,529
$77.5K
Cap Rate 9%
$60,300
$60.3K
Market Conditions
NOI Build-Up for 360 SF
Gross rent
$8.4K $23.40/SF
− Vacancy
−$1.2K −$3.30/SF
EGI
$7.2K $20.10/SF
− OpEx
−$1.8K −$5.03/SF
NOI
$5.4K $15.08/SF
Area
Tangipahoa County, LA
Vacancy
14.10%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$108,540
Cap Rate 7%
$77,529
Cap Rate 9%
$60,300
Alternative Uses
Best Use
Office B
$77.5K
$67.8K – $90.5K
NOI $5,427 @ 7.0% cap · market cap 904.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$99.2K
$86.8K – $115.8K
NOI $6,947 @ 7.0% cap · market cap 1,157.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 70403, LA
29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
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
Frequently Asked Questions
What type of property is this?
Office unit - Private offices include round-the-clock coded entry, shared reception space, and included utilities and Wi-Fi.
Where is this office unit located?
The property is located at 16031 DEBLIN SQ Hammond, LA.
What are key features of this property?
This property features: Three furnished private office suites; 360‑square‑foot office property at 16031 Deblin Sq, Hammond, LA 70403; 24/7 secured entry with an individual access code for each suite
