Denham Springs Office For
For Sale
Contact for pricing
30789 Range Ave, Denham Springs, LA 70726
Office space for sale in Denham Springs, Louisiana.
Property Size2,920 SF
Price / SF$185.26
Days on Market151
Property Features for 30789 Range Ave
General Information
Standard status
Active
Size
2,920 SF
Property subtype
Office
Lease Type
Modified Gross
Investment Type
Net Lease
Net Operating Income
$44,531
Building Details
Year Built
2009
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Christopher Biuso · License #Fl SL3424071
(407) 557-3841
Source:
Crexi
Added: May 26
Changed: Oct 13
Last Checked: Oct 23 at 6:00AM
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 Marcus & Millichap - Orlando
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Investment Insights
Based on property information with market context.
This commercial real estate offers an office space of 2,920 square feet. The property is located in Denham Springs, Louisiana. The property has a capitalization rate of 8.23%.
Key Highlights
- 8.23% CAP Rate makes this an attractive investment.
- Office property offering a great opportunity.
- 2,920 SqFt of space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,929
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,580
$558.6K
Cap Rate 7%
$398,986
$399.0K
Cap Rate 9%
$310,322
$310.3K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$38.2K $13.08/SF
− Vacancy
−$955 −$0.33/SF
EGI
$37.2K $12.75/SF
− OpEx
−$9.3K −$3.19/SF
NOI
$27.9K $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%
$558,580
Cap Rate 7%
$398,986
Cap Rate 9%
$310,322
Alternative Uses
Best Use
Office B
$399.0K
$349.1K – $465.5K
NOI $27,929 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$699.3K
$611.9K – $815.9K
NOI $48,952 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
116
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office space for sale in Denham Springs, Louisiana.
Where is this office unit located?
The property is located at 30789 Range Ave Denham Springs, LA.
What is the asking price?
The asking price for this property is $540,958.
What are key features of this property?
This property features: 8.23% CAP Rate makes this an attractive investment.; Office property offering a great opportunity.; 2,920 SqFt of space.
