Two-Story Office Units with
For Sale
Contact for pricing
2840 W Airline Hwy, Laplace, LA 70068
Medical-office plumbing infrastructure supports flexible layouts in a two-story commercial building near Southeast Regional Medical Center.
Property Size11,000 SF
Days on Market137
Property Features for 2840 W Airline Hwy
General Information
Standard status
Active
Size
11,000 SF
Class
B
Elevators
Yes
Property subtype
Office
Lease Term
$10 - 12 SF/yr (MG)
Amenities
plumbing infrastructure for medical offices
Building Details
Building Size
11,000 SF
Buildings
1
Stories
2
Properties For Sale
at 2840 W Airline Hwy
2840 W Airline Hwy
Size
11,000 SF
Term
Negotiable
Listing Agency:
Elifin Realty
Listed By:
Brady Becker · License #9006927
(985) 703-1140
Source:
Elifinrealty
Added: Jun 3
Changed: Oct 1
Last Checked: Oct 16 at 7:08AM
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 Elifin Realty
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Investment Insights
Based on property information with market context.
This two-story office property at 2840 W Airline Hwy offers suites ranging from ±2,500 to ±11,000 SF. Elevator service supports access between floors, while existing plumbing infrastructure is suited to medical-office layouts. Space may be delivered in white-box condition or with tenant improvements, providing flexibility for the final buildout.
The property is approximately 1 mile from Southeast Regional Medical Center in LaPlace, Louisiana. A modified gross lease structure is identified for the available office space.
The property is approximately 1 mile from Southeast Regional Medical Center in LaPlace, Louisiana. A modified gross lease structure is identified for the available office space.
Key Highlights
- ±2,500 to ±11,000 SF of office space available
- Two‑story building with elevator access
- Plumbing infrastructure for medical offices in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,618
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,052,360
$3.1M
Cap Rate 7%
$2,180,257
$2.2M
Cap Rate 9%
$1,695,756
$1.7M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$248.2K $22.56/SF
− Vacancy
−$44.7K −$4.06/SF
EGI
$203.5K $18.50/SF
− OpEx
−$50.9K −$4.62/SF
NOI
$152.6K $13.87/SF
Area
St. John the Baptist County, LA
Vacancy
18.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,052,360
Cap Rate 7%
$2,180,257
Cap Rate 9%
$1,695,756
Alternative Uses
Best Use
Healthcare Medical
$2.29M
$2.00M – $2.67M
NOI $160,380 @ 7.0% cap · market cap 1,603,800.00%
Second Best
Office B
$2.18M
$1.91M – $2.54M
NOI $152,618 @ 7.0% cap · market cap 1,526,180.00%
Theoretical Best
Office A
$2.90M
$2.54M – $3.39M
NOI $203,148 @ 7.0% cap · market cap 2,031,480.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
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Business Placement
Demographics for 70068, LA
33,213
Population
13,379
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
49.3 sq mi
ZIP Area
674
Density / Sq Mi
$69,334
Median Household Income
$39,585
Median Earnings
$1,117
Median Rent
$191,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Medical-office plumbing infrastructure supports flexible layouts in a two-story commercial building near Southeast Regional Medical Center.
Where is this office units located?
The property is located at 2840 W Airline Hwy Laplace, LA.
What are key features of this property?
This property features: ±2,500 to ±11,000 SF of office space available; Two‑story building with elevator access; Plumbing infrastructure for medical offices in place
