Corner Retail and Warehouse
For Sale
$495,000
1914 Cypress St, West Monroe, LA 71291
High-visibility corner facility with office, shop bays, mezzanine storage, and multiple exterior overhead loading doors.
Property Size8,276 SF
Price / SF$59.81
Days on Market282
Property Features for 1914 Cypress St
General Information
Standard status
Active
Size
8,276 SF
Property subtype
Retail
Zoning
B-3
Additional Details
Dock-High Doors
2
Amenities
Power
Water
Sewer
Natural Gas
Listing Agency:
John Rea Realty
Listed By:
Jennifer Causey · License #LA995693195
(318) 261-0892
Source:
Lacdb.resimplifi
Added: Dec 4, 2025
Changed: Sep 8
Last Checked: Sep 11 at 5:26AM
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 John Rea Realty
Investment Insights
Based on property information with market context.
This corner flex and warehouse property includes office space, a warehouse/shop area, a kitchen/break area, mezzanine storage above the office, and three restrooms (one with a shower). The front covered entry leads into a retail/waiting area with a large sales counter, workstation, and viewing windows into the shop bays. Warehouse operations include hydraulic lifts, a tool room, ceiling and floor fans, and storage racks in the rear warehouse area.
Loading is supported by seven exterior overhead doors, including multiple 14' x 14' doors on both the right and left front sides, a 14' x 14' door at the covered dock, and a 10' x 12' door at the uncovered dock. In addition, there are two interior 10' x 12' overhead doors that can close off the left side of the warehouse from front to back for flexible space separation. The office and breakroom areas are HVAC-controlled, while the warehouse/shop areas are not HVAC-controlled.
The property also features multiple pylon signage locations, including building-mounted panels and a multi-face pylon sign at the corner. There are three rear exits. It is offered as-is/where-is, with estimated $100,000+ in equipment and remaining inventory transferring with the sale; personal property carries no assigned value and is not reflected in the real estate valuation. An active alarm and a sign are on the property, and showing instructions are available upon request.
Loading is supported by seven exterior overhead doors, including multiple 14' x 14' doors on both the right and left front sides, a 14' x 14' door at the covered dock, and a 10' x 12' door at the uncovered dock. In addition, there are two interior 10' x 12' overhead doors that can close off the left side of the warehouse from front to back for flexible space separation. The office and breakroom areas are HVAC-controlled, while the warehouse/shop areas are not HVAC-controlled.
The property also features multiple pylon signage locations, including building-mounted panels and a multi-face pylon sign at the corner. There are three rear exits. It is offered as-is/where-is, with estimated $100,000+ in equipment and remaining inventory transferring with the sale; personal property carries no assigned value and is not reflected in the real estate valuation. An active alarm and a sign are on the property, and showing instructions are available upon request.
Key Highlights
- High‑visibility corner on Cypress & Claiborne St with excellent frontage and access, plus multiple pylon signage locations
- 8,276± SF gross / 7,735± SF usable space with office, warehouse/shop, kitchen/break area, mezzanine storage, and 3 restrooms (one with a shower)
- Retail/waiting entry with large sales counter, workstation, and viewing windows into the shop bays
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
$41,798
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
8.44%
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%
$835,960
$836.0K
Cap Rate 7%
$597,114
$597.1K
Cap Rate 9%
$464,422
$464.4K
Market Conditions
NOI Build-Up for 8,276 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
$64.6K $7.80/SF
− Vacancy
−$4.8K −$0.59/SF
EGI
$59.7K $7.22/SF
− OpEx
−$17.9K −$2.16/SF
NOI
$41.8K $5.05/SF
Area
Ouachita County, LA
Vacancy
7.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
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%
$835,960
Cap Rate 7%
$597,114
Cap Rate 9%
$464,422
Alternative Uses
Best Use
Retail
$3.24M
$2.84M – $3.79M
NOI $227,101 @ 7.0% cap · market cap 45.88%
Second Best
Flex RnD
$1.02M
$890.8K – $1.19M
NOI $71,266 @ 7.0% cap · market cap 14.40%
Theoretical Best
Multifamily LT 5
$89.14M
$78.00M – $104.00M
NOI $6,240,055 @ 7.0% cap · market cap 1,260.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Dock-high doors
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71291, LA
34,670
Population
15,290
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
65.5 sq mi
ZIP Area
529
Density / Sq Mi
$69,012
Median Household Income
$46,127
Median Earnings
$974
Median Rent
$219,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - High-visibility corner facility with office, shop bays, mezzanine storage, and multiple exterior overhead loading doors.
Where is this flex space located?
The property is located at 1914 Cypress St West Monroe, 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: High‑visibility corner on Cypress & Claiborne St with excellent frontage and access, plus multiple pylon signage locations; 8,276± SF gross / 7,735± SF usable space with office, warehouse/shop, kitchen/break area, mezzanine storage, and 3 restrooms (one with a shower); Retail/waiting entry with large sales counter, workstation, and viewing windows into the shop bays
