Medical Office Building with Treatment
33806 La Hwy 16, Denham Springs, LA 70706
For Sale
$450,000
Operating healthcare facility with patient areas, lab space, four restrooms, and dedicated on-site parking.
Property Size2,943 SF
Lot Size0.64 Acres
Price / SF$152.91
Days on Market50
Property Features for 33806 La Hwy 16
General Information
Standard status
Size
Total Parking Spaces
Lot size
Site & Location
Highway Access
Road Access
Additional Details
Asking Price
Amenities
welcoming lobby
reception area
lab area
kitchen
washer and dryer connections
four restrooms
Building Details
Buildings
Building Size
Abandoned
Listing Agency:
KW Commercial Baton Rouge
Listed By:
David Vercher · License #0000070595
(225) 768-1889
Source:
Larry.agent225
Added: Sep 19
Changed: Nov 6
Last Checked: Nov 6 at 2:53PM
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 KW Commercial Baton Rouge
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Investment Insights
Based on property information with market context.
This 2,943-square-foot medical office building occupies approximately 0.64 acres and is currently operating as an orthodontic office. The interior includes nine offices or treatment areas, including an open work area, plus a lobby, reception space, dedicated lab, kitchen, washer and dryer connections, and four restrooms. Lavatories are incorporated into the office and treatment areas.
The property is positioned along LA Hwy 16 in Denham Springs and provides 21 on-site parking spaces. Its existing configuration is suited to continued dental, orthodontic, medical, or professional office use. One wing may offer the possibility of apartment or residential conversion, subject to applicable zoning, permitting, and governmental approvals.
The property is positioned along LA Hwy 16 in Denham Springs and provides 21 on-site parking spaces. Its existing configuration is suited to continued dental, orthodontic, medical, or professional office use. One wing may offer the possibility of apartment or residential conversion, subject to applicable zoning, permitting, and governmental approvals.
Key Highlights
- 2,943 SF medical office building on approximately 0.64 acres
- Currently operating orthodontic office along LA Hwy 16 in Denham Springs
- Nine offices/treatment areas, including an open work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,330
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,600
$566.6K
Cap Rate 7%
$404,714
$404.7K
Cap Rate 9%
$314,778
$314.8K
Market Conditions
NOI Build-Up for 2,943 SF
Gross rent
$49.4K $16.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$47.2K $16.04/SF
− OpEx
−$18.9K −$6.42/SF
NOI
$28.3K $9.63/SF
Area
Livingston County, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,600
Cap Rate 7%
$404,714
Cap Rate 9%
$314,778
Alternative Uses
Best Use
Healthcare Medical
$404.7K
$354.1K – $472.2K
NOI $28,330 @ 7.0% cap · market cap 6.30%
Second Best
Office B
$402.1K
$351.9K – $469.2K
NOI $28,149 @ 7.0% cap · market cap 6.26%
Theoretical Best
Specialty Retail
$704.8K
$616.7K – $822.3K
NOI $49,338 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70706, LA
22,476
Population
8,561
Households
2.6
Avg Household Size
36
Median Age
23%
College-Educated
91%
High-School Grad
52.9 sq mi
ZIP Area
425
Density / Sq Mi
$94,768
Median Household Income
$49,268
Median Earnings
$979
Median Rent
$237,900
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
Similar Off Market Nearby
- Live Oak Animal Hospital — 34351 LA-16, Denham Springs, LA 70706
Frequently Asked Questions
What type of property is this?
Medical Office Space - Operating healthcare facility with patient areas, lab space, four restrooms, and dedicated on-site parking.
Where is this medical office space located?
The property is located at 33806 La Hwy 16 Denham Springs, 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: 2,943 SF medical office building on approximately 0.64 acres; Currently operating orthodontic office along LA Hwy 16 in Denham Springs; Nine offices/treatment areas, including an open work area
