Flex Office and Warehouse
3020 & 3024 OLD MARKSVILLE Highway Pineville, LA 71360
3020 & 3024 OLD MARKSVILLE Highway, Pineville, LA, 71360
$450,000
For Sale
$450,000
Two on-site office buildings include warehouse space with roll-up doors, plus parking suitable for light industrial use.
Property Size4,705 SF
Lot Size2.16 Acres
Price / SF$95.64
Days on Market233
Property Features for 3020 & 3024 OLD MARKSVILLE Highway
General Information
- Standard status
- Active
- Size
- 4,705 SF
- Lot size
- 2.16 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1999
Listing agency
STEVEN SEALE PROPERTIES, LLC
(318) 715-3333
Listed by
Steven Seale · License #GCLRA:0912124868
(318) 715-3333
Source
Xome
Added: Dec 2, 2025 Updated: Jul 22 at 10:35PM Checked: Jul 22 at 10:35PM
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 STEVEN SEALE PROPERTIES, LLC
Investment Insights
Based on property information with market context.
This property consists of two office buildings on a 2.16-acre lot, offering a combined office-and-warehouse configuration. One building includes office space and warehouse space with three bay doors, including two 10-foot roll-ups and one 12-foot roll-up door. The building also provides parking on-site, which may support service-oriented uses.
The second building is all brick, and the seller is installing a new roof and new HVAC, with plans to paint the exterior of both buildings. Office space in this second building includes several options for individual offices, along with a conference room and three half baths.
As presented, the combination of office amenities and roll-up warehouse access provides flexibility for businesses that need both work space and dedicated office space within the same secured property.
The second building is all brick, and the seller is installing a new roof and new HVAC, with plans to paint the exterior of both buildings. Office space in this second building includes several options for individual offices, along with a conference room and three half baths.
As presented, the combination of office amenities and roll-up warehouse access provides flexibility for businesses that need both work space and dedicated office space within the same secured property.
Key Highlights
- 2.16‑acre commercial property zoned COM with off‑street parking
- Two office buildings on‑site, including a building with 800+ SF office and 1600+ SF warehouse space
- Warehouse space features 3 bay doors: two 10‑ft roll ups and one 12‑ft roll up
Local Financial Insights For Warehouse
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 | $44.6k | $9.48 |
| − Vacancy | −$3.0k | −$0.64 |
| EGI | $41.6k | $8.84 |
| − OpEx | −$6.2k | −$1.33 |
| NOI | $35.3k | $7.51 |
4,705 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$943.7K
$825.7K – $1.10M
NOI $66,058 @ 7.0% cap · market cap 14.68%
Second Best
Warehouse
$504.8K
$441.7K – $588.9K
NOI $35,335 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,788 @ 7.0% cap · market cap 20.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KDC Construction Co
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two on-site office buildings include warehouse space with roll-up doors, plus parking suitable for light industrial use.
Where is this flex space located?
The property is located at 3020 & 3024 OLD MARKSVILLE Highway Pineville, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2.16‑acre commercial property zoned COM with off‑street parking; Two office buildings on‑site, including a building with 800+ SF office and 1600+ SF warehouse space; Warehouse space features 3 bay doors: two 10‑ft roll ups and one 12‑ft roll up
