Office Suite with Waiting
For Sale
$199,000
231 Capitol St, Denham Springs, LA 70726
Well-maintained office space includes two private offices, a waiting area, and a kitchenette.
Property Size932 SF
Price / SF$213.52
Days on Market215
Property Features for 231 Capitol St
General Information
Standard status
Active
Size
932 SF
Property subtype
Office
Zoning
C-2
Additional Details
Highway Access
Yes
Amenities
private offices
waiting area
kitchenette
Listing Agency:
Crescent Sotheby's International Realty
Listed By:
Kyle Tallo
(985) 345-6802
Source:
Lacdb.resimplifi
Added: Mar 23
Changed: Oct 10
Last Checked: Oct 23 at 3:35AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,914
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,280
$178.3K
Cap Rate 7%
$127,343
$127.3K
Cap Rate 9%
$99,044
$99.0K
Market Conditions
NOI Build-Up for 932 SF
Gross rent
$12.2K $13.08/SF
− Vacancy
−$305 −$0.33/SF
EGI
$11.9K $12.75/SF
− OpEx
−$3.0K −$3.19/SF
NOI
$8.9K $9.56/SF
Area
Livingston County, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,280
Cap Rate 7%
$127,343
Cap Rate 9%
$99,044
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 authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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
