Medical Office with Covered Drive-Up
17995 Ryan Drive, Denham Springs, LA 70726
For Sale
$495,000
Commercial Sale, Denham Springs, LA
Property Size2,278 SF
Price / SF$217.30
Days on Market47
Property Features for 17995 Ryan Drive
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Security features
Subdivision
Lot features
Directions
Standard status
APN
Size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
Berkshire Hathaway HS - Mandeville · Berkshire Hathaway HomeServices
(985) 951-2324
Listed By:
Catherine N Eppling · License #000072052
(985) 807-4238
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 7 at 10:06PM
MLS# 2578119
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 2,278-square-foot medical office property was built in 1978 and has a brick exterior with vinyl flooring. The interior arrangement includes reception and waiting areas, multiple offices, a conference room, and a kitchen and break area. A covered drive-up entrance, parking lot, and security system are also among the property’s features. Heating is central, while cooling is provided by central air and multiple units. The property is zoned COMM, RES; public water and natural gas availability are listed.
Key Highlights
- 2,278 square feet of medical office space
- Reception, waiting area, multiple offices, conference room, and kitchen/break area
- Covered drive‑up entrance and parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,929
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,580
$438.6K
Cap Rate 7%
$313,271
$313.3K
Cap Rate 9%
$243,656
$243.7K
Market Conditions
NOI Build-Up for 2,278 SF
Gross rent
$38.3K $16.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$36.5K $16.04/SF
− OpEx
−$14.6K −$6.42/SF
NOI
$21.9K $9.63/SF
Area
Livingston County, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,580
Cap Rate 7%
$313,271
Cap Rate 9%
$243,656
Alternative Uses
Best Use
Healthcare Medical
$313.3K
$274.1K – $365.5K
NOI $21,929 @ 7.0% cap · market cap 4.43%
Second Best
Office B
$311.3K
$272.4K – $363.2K
NOI $21,789 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$545.6K
$477.4K – $636.5K
NOI $38,189 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 70726, LA
59,586
Population
24,925
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
88.2 sq mi
ZIP Area
676
Density / Sq Mi
$77,129
Median Household Income
$41,240
Median Earnings
$1,180
Median Rent
$215,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A multi-office layout brings reception, waiting, conference, and staff break areas together in one professional setting.
Where is this medical office space located?
The property is located at 17995 Ryan Drive Denham Springs, LA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,278 square feet of medical office space; Reception, waiting area, multiple offices, conference room, and kitchen/break area; Covered drive‑up entrance and parking lot
