Church Facility with Cypress
For Sale
$675,000
1651 Church St, Zachary, LA 70791
Former religious facility with offices, meeting space, kitchen, bathrooms, and adaptable interior areas.
Property Size3,000 SF
Lot Size2.21 Acres
Price / SF$225
Days on Market657
Property Features for 1651 Church St
General Information
Standard status
Active
Size
3,000 SF
Lot size
2.21 Acres
Property subtype
Office
Zoning
RE
Listing Agency:
Lee & Associates
(225) 278-1205
Listed By:
Elliott Scroggs
(225) 278-1205
Source:
Lacdb.resimplifi
Added: Nov 10, 2024
Changed: Aug 28
Last Checked: Aug 28 at 9:09AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
Former church property comprising approximately 3,000 square feet on 2.21 acres in Zachary, Louisiana. The building includes a sanctuary finished with pecky cypress, a separate meeting room, two offices, a kitchen, and two bathrooms. These existing areas provide a defined layout for continued religious use or other compatible commercial applications.
The property is located at 1651 Church St and carries RE zoning. The sizable site provides land for parking, landscaping, or future expansion, subject to applicable approvals. Its combination of an established building, specialty architectural finishes, and supporting acreage creates a distinctive commercial property profile.
The property is located at 1651 Church St and carries RE zoning. The sizable site provides land for parking, landscaping, or future expansion, subject to applicable approvals. Its combination of an established building, specialty architectural finishes, and supporting acreage creates a distinctive commercial property profile.
Key Highlights
- Approximately 3,000 square feet on 2.21 acres
- Pecky cypress sanctuary with distinctive interior detailing
- Includes a meeting room, two offices, kitchen, and two bathrooms
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
$31,981
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
4.74%
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%
$639,620
$639.6K
Cap Rate 7%
$456,871
$456.9K
Cap Rate 9%
$355,344
$355.3K
Market Conditions
NOI Build-Up for 3,000 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
$52.6K $17.52/SF
− Vacancy
−$9.9K −$3.31/SF
EGI
$42.6K $14.21/SF
− OpEx
−$10.7K −$3.55/SF
NOI
$32.0K $10.66/SF
Area
East Baton Rouge County, LA
Vacancy
18.87%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
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%
$639,620
Cap Rate 7%
$456,871
Cap Rate 9%
$355,344
Alternative Uses
Best Use
Office B
$456.9K
$399.8K – $533.0K
NOI $31,981 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$618.9K
$541.6K – $722.1K
NOI $43,324 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 70791, LA
29,432
Population
12,112
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
119.1 sq mi
ZIP Area
247
Density / Sq Mi
$80,243
Median Household Income
$57,376
Median Earnings
$1,389
Median Rent
$269,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Former religious facility with offices, meeting space, kitchen, bathrooms, and adaptable interior areas.
Where is this church & religious facility located?
The property is located at 1651 Church St Zachary, LA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Approximately 3,000 square feet on 2.21 acres; Pecky cypress sanctuary with distinctive interior detailing; Includes a meeting room, two offices, kitchen, and two bathrooms
