Office Suite with Waiting
231 Capitol St Denham Springs, LA 70726
231 Capitol St, Denham Springs, LA, 70726
$199,000
For Sale
$199,000
Well-maintained office space includes two private offices, a waiting area, and a kitchenette.
Property Size932 SF
Price / SF$213.52
Days on Market121
Property Features for 231 Capitol St
General Information
- Standard status
- Active
- Size
- 932 SF
Listing agency
Crescent Sotheby's International Realty
(225) 938-3543
Listed by
Kay Landry · License #0000078179
(225) 938-3543
Source
Exprealty
Added: Mar 25 Updated: Jul 22 at 10:14PM Checked: Jul 22 at 10:14PM
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 Crescent Sotheby's International Realty
Investment Insights
Based on property information with market context.
This well-maintained office suite is set up with two private offices, a spacious waiting area for clients, and a kitchenette. The layout is designed to support everyday professional and administrative use.
The property is offered for sale in a convenient location at 231 Capitol St in Denham Springs, Louisiana. It includes plenty of on-site parking and easy access to the interstate for employees and visitors.
The current configuration supports a reception-style client flow with separate offices for staff, along with on-site kitchenette convenience.
The property is offered for sale in a convenient location at 231 Capitol St in Denham Springs, Louisiana. It includes plenty of on-site parking and easy access to the interstate for employees and visitors.
The current configuration supports a reception-style client flow with separate offices for staff, along with on-site kitchenette convenience.
Key Highlights
- Well‑maintained office space with two private offices
- Includes a spacious client waiting area
- Features a kitchenette for employees
Local Financial Insights For Office B
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 | $12.2k | $13.08 |
| − Vacancy | −$305 | −$0.33 |
| EGI | $11.9k | $12.75 |
| − OpEx | −$3.0k | −$3.19 |
| NOI | $8.9k | $9.56 |
932 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$127.3K
$111.4K – $148.6K
NOI $8,914 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$223.2K
$195.3K – $260.4K
NOI $15,624 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Callais Alvin J ...
Accounting Firm
Ivy L. Graham, ...
Law Firm
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FAQs
What type of property is this?
Office building - Well-maintained office space includes two private offices, a waiting area, and a kitchenette.
Where is this office building located?
The property is located at 231 Capitol St Denham Springs, LA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Well‑maintained office space with two private offices; Includes a spacious client waiting area; Features a kitchenette for employees
