Flex Space With Service
For Sale
$495,000
1914 CYPRESS STREET, West Monroe, LA 71291
COMMERCIAL/INDUSTRIAL, West Monroe, LA
Property Size8,276 SF
Lot Size0.48 Acres
Price / SF$59.81
Days on Market278
Property Features for 1914 CYPRESS STREET
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-3
Rooms
Office
Security features
Security Lighting, Security System
Interior features
Extra Storage, Private Bathrooms, Showroom, Security System
Exterior features
Gutters, Lighting/Security, Loading Docks
Subdivision
TRENTON
Lot features
Plat Map, Loc. in City Limits, Survey
Directions
Corner of Cypress St and Claiborne St
Standard status
Active
APN
75177
Lot size
0.48 Acres
Taxes and HOA fees
Tax Description
LOT IN TRENTON ADDN, SEC 44 T18N R3E
Legal Description
LOT IN TRENTON ADDN, SEC 44 T18N R3E
Utilities
Heating system
Wall Furnace, Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
covered front entry
multi-face pylon sign
active alarm system
mezzanine storage
tool room
suspended ceiling fans
Building Details
Building materials
Metal
Roof type
Metal
Additional Structures
Storage
Listing Agency:
John Rea Realty
(318) 388-0941
Listed By:
Jennifer Causey · License #LA995693195
(318) 261-0892
Added: Dec 4, 2025
Changed: Sep 8
Last Checked: Sep 8 at 4:06PM
MLS# 217318
Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8,276+/- SF commercial facility includes 7,735+/- SF of usable area across showroom and customer-waiting space, offices, warehouse and shop areas, a kitchen and break area, mezzanine storage, and three restrooms. The interior also features a sales counter, workstation, viewing windows into the service bays, storage racks, tool room, and hydraulic lifts rated at 18K, 12K, and 10K. Office and breakroom areas have HVAC, while the warehouse and shop areas are not climate-controlled. The property is offered As-Is/Where-Is.
Situated on a 0.48-acre corner parcel at Cypress Street and Claiborne Street, the facility has building signage panels and a multi-face pylon sign. Service access includes seven exterior overhead doors, two covered and uncovered loading docks, and two additional interior overhead doors that can divide the left warehouse area. Three rear exits, an active alarm system, and exterior lighting support operational functionality.
Situated on a 0.48-acre corner parcel at Cypress Street and Claiborne Street, the facility has building signage panels and a multi-face pylon sign. Service access includes seven exterior overhead doors, two covered and uncovered loading docks, and two additional interior overhead doors that can divide the left warehouse area. Three rear exits, an active alarm system, and exterior lighting support operational functionality.
Key Highlights
- 8,276+/- SF gross area with 7,735+/- SF usable area
- 0.48‑acre corner property at Cypress Street and Claiborne Street
- Seven exterior overhead doors, including 14'14' and 10'12' sizes
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
Property Profile
Current Use
Lease Details
2
Dock-high doors
3
Service bays
Yes
Paved road access
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Corner commercial facility combining showroom, offices, warehouse space, loading access, and multiple overhead doors.
Where is this flex space located?
The property is located at 1914 CYPRESS STREET 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: 8,276+/- SF gross area with 7,735+/- SF usable area; 0.48‑acre corner property at Cypress Street and Claiborne Street; Seven exterior overhead doors, including 14'*14' and 10'*12' sizes
