Medical Office Building with Treatment
New
For Sale
$450,000
33806 La Hwy 16, Denham Springs, LA 70706
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 Market3
Property Features for 33806 La Hwy 16
General Information
Standard status
Active
Size
2,943 SF
Total Parking Spaces
21
Lot size
0.64 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$450,000
Amenities
welcoming lobby
reception area
lab area
kitchen
washer and dryer connections
four restrooms
Building Details
Buildings
1
Building Size
2,943 SF
Abandoned
No
Listing Agency:
KW Commercial Baton Rouge
Listed By:
David Vercher · License #70595
(225) 768-1889
Source:
Larry.agent225
Added: Sep 19
Last Checked: Sep 20 at 12:50PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,330
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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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
