Updated Medical Office
17505 Old Jefferson Hwy Prairieville, LA 70769
17505 Old Jefferson Hwy, Prairieville, LA, 70769
$800,000
For Sale
$800,000
Updated medical office within a professional office park, featuring a large lobby, multiple private offices, and ADA-compliant restrooms.
Property Size3,262 SF
Price / SF$245.25
Days on Market106
Property Features for 17505 Old Jefferson Hwy
General Information
- Standard status
- Active
- Size
- 3,262 SF
- Property subtype
- Office - Medical Office
Listing agency
ELIFIN Realty
(225) 938-3148
Listed by
Lindsay Redhead · License #0995702768
Source
Commercialcafe
Added: Apr 8 Updated: Jul 20 at 4:32PM Checked: Jul 22 at 3:24AM
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 ELIFIN Realty
Investment Insights
Based on property information with market context.
Now available for sale, 17505 Old Jefferson Hwy is an approximately 3,262 SF updated medical office located within a professional office park. The interior layout includes a large lobby and waiting area, a receptionist office, eight private offices, an open work area, and a conference room. Additional improvements include a spacious kitchen/break room and three ADA-compliant restrooms. All plumbing has been preserved, supporting continued medical use or conversion to other professional services.
The property sits on Old Jefferson Hwy just north of Hwy 42 and off Airline Hwy, providing convenient access for patients and staff. Ample parking is available for day-to-day operations. The site is zoned MU2 for Mixed Use 2 Corridors.
This well-organized configuration is designed for efficient patient or client flow, with dedicated front-of-house space, private offices for exam or consultation needs, and an open work area for supporting functions.
The property sits on Old Jefferson Hwy just north of Hwy 42 and off Airline Hwy, providing convenient access for patients and staff. Ample parking is available for day-to-day operations. The site is zoned MU2 for Mixed Use 2 Corridors.
This well-organized configuration is designed for efficient patient or client flow, with dedicated front-of-house space, private offices for exam or consultation needs, and an open work area for supporting functions.
Key Highlights
- 3,262 SF updated medical office within a professional office park
- Layout includes large lobby and waiting area, receptionist office, 8 private offices, open work area, and conference room
- Spacious kitchen/break room plus 3 ADA‑compliant restrooms
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.4k | $22.20 |
| − Vacancy | −$9.1k | −$2.78 |
| EGI | $63.4k | $19.43 |
| − OpEx | −$25.3k | −$7.77 |
| NOI | $38.0k | $11.66 |
3,262 SF · lease $22.20/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$543.1K
$475.2K – $633.7K
NOI $38,019 @ 7.0% cap · market cap 4.75%
Second Best
Office B
$490.7K
$429.4K – $572.5K
NOI $34,349 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$715.8K
$626.3K – $835.1K
NOI $50,104 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
First Care After ...
Medical Clinic
The Well Clinic
Psychotherapist
Hezekiah Franklin
Physician
Emily Schittone
Counselor
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FAQs
What type of property is this?
Medical center - Updated medical office within a professional office park, featuring a large lobby, multiple private offices, and ADA-compliant restrooms.
Where is this medical center located?
The property is located at 17505 Old Jefferson Hwy Prairieville, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3,262 SF updated medical office within a professional office park; Layout includes large lobby and waiting area, receptionist office, 8 private offices, open work area, and conference room; Spacious kitchen/break room plus 3 ADA‑compliant restrooms
