Office/Warehouse Facility on 1-Acre
For Sale
Contact for pricing
2112 North Bolton Avenue, Alexandria, LA 71303
Versatile commercial property with office and warehouse space for sale.
Property Size5,051 SF
Lot Size1.00 Acre
Price / SF$79.19
Days on Market298
Property Features for 2112 North Bolton Avenue
General Information
Standard status
Active
Size
5,051 SF
Lot size
1.00 Acre
Property subtype
Industrial, Mixed Use, Office
Zoning
C-2
Lease Type
NNN
Building Details
Year Built
1998
Buildings
1
Listing Agency:
NAI Rampart
(318) 715-4795
Listed By:
Buck Holt · License #SALE.995704186-ACT
Source:
Crexi
Added: Oct 29, 2025
Changed: Aug 14
Last Checked: Aug 21 at 11:01PM
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 NAI Rampart
Investment Insights
Based on property information with market context.
This commercial property features both office and warehouse space, situated on a 1-acre lot in a high-traffic area with convenient access to major highways. The property includes 3,788 square feet of finished office space and 1,263 square feet of warehouse space, with a grade-level roll-up door. The interior layout comprises over 12 rooms, including private offices, conference and training rooms, a full kitchen, and a break room. The location offers excellent visibility and accessibility throughout the city and beyond. The property is suitable for established businesses, regional headquarters, or growing companies seeking space, visibility, and accessibility. The total property size is 5,051 square feet.
Key Highlights
- Prime commercial location with high visibility and quick access to major highways.
- Large 1‑acre lot offering ample parking and room for expansion.
- Versatile property with 3,788 sq. ft. of finished office space and 1,263 sq. ft. of warehouse space.
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
$31,239
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
7.81%
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%
$624,780
$624.8K
Cap Rate 7%
$446,271
$446.3K
Cap Rate 9%
$347,100
$347.1K
Market Conditions
NOI Build-Up for 5,051 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
$47.9K $9.48/SF
− Vacancy
−$3.3K −$0.64/SF
EGI
$44.6K $8.84/SF
− OpEx
−$13.4K −$2.65/SF
NOI
$31.2K $6.18/SF
Area
Rapides County, LA
Vacancy
6.80%
Lease Rate
$9.48 /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%
$624,780
Cap Rate 7%
$446,271
Cap Rate 9%
$347,100
Alternative Uses
Best Use
Office B
$1.01M
$886.5K – $1.18M
NOI $70,916 @ 7.0% cap · market cap 17.73%
Second Best
Mixed Use
$647.2K
$566.3K – $755.1K
NOI $45,307 @ 7.0% cap · market cap 11.33%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,464 @ 7.0% cap · market cap 24.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 71303, LA
22,797
Population
10,388
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
87%
High-School Grad
63.4 sq mi
ZIP Area
360
Density / Sq Mi
$66,761
Median Household Income
$40,687
Median Earnings
$1,115
Median Rent
$232,900
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?
Mixed-use property - Versatile commercial property with office and warehouse space for sale.
Where is this mixed-use property located?
The property is located at 2112 North Bolton Avenue Alexandria, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime commercial location with high visibility and quick access to major highways.; Large 1‑acre lot offering ample parking and room for expansion.; Versatile property with **3,788 sq. ft. of finished office space and 1,263 sq. ft. of warehouse space.**
