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    Multi-Use Office Building with Parking Title is generated by Realmo AI

    3820 Hwy 28 West, Alexandria, LA 71303

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    For Sale
    $795,000

    Commercial Building - Alexandria, LA

    Property size:
    3,450 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $230/SF
    Added:
    Jun 23, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 3820 Hwy 28 West

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    200
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Garage
    Standard status
    Active
    APN
    2403003426000501
    Size
    3,450 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    3650

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Stucco
    Architectural style
    Other

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    Jon Norman
    Jon Norman

    Listing agent Jon Norman

    Listing office Louisiana Lagniappe Realty LLC 429 Murray Street, Alexandria, LA

    Listing date Jun 23, 2026

    MLS# 11852315 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑use commercial building with large open spaces and large separate office areas, including a boardroom and kitchen
    • Stucco construction with carpet and tile flooring
    • Heating includes electric (heating) and forced air; cooling with central air
    • Garage parking plus ample private parking
    • Signage on a busiest thoroughfare

    Overview

    This multi-use commercial building is designed for flexible occupancy, with large open spaces intended to accommodate a wide range of company sizes and staffing needs. In addition to the open areas, it offers large separate offices, a boardroom, and a kitchen, along with a substantial amount of storage space that could support additional operational requirements. The property is situated on a 0.35-acre lot and is listed at 3,450 square feet.

    Located in Alexandria, Louisiana at 3820 Hwy 28 West (71303), the building benefits from signage along a busiest thoroughfare and has ample private parking. The overall configuration and independent office components can support teams that want both collaborative work areas and dedicated rooms for meetings and administration.

    For prospective buyers or tenants, the combination of open-plan space, private offices, and a boardroom can fit a variety of office-oriented uses while maintaining the ability to organize space for different teams. The available storage and multiple room types provide practical options for companies that need both day-to-day work zones and areas for meetings, planning, or support functions. Zoning is listed as 200.

    Local Financial Insights For Office B

    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 $82.8k $24.00
    − Vacancy −$18.2k −$5.28
    EGI $64.6k $18.72
    − OpEx −$16.1k −$4.68
    NOI $48.4k $14.04
    3,450 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $692.0K
    $605.5K – $807.3K (±1% cap)
    NOI $48,438 @ 7.0% cap · market cap 6.09%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $951.0K
    $832.1K – $1.11M (±1% cap)
    NOI $66,571 @ 7.0% cap · market cap 8.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.485705
    Latitude
    31.298971

    FAQs

    What type of property is this?
    Office building - Multi-use building in Alexandria with large open areas, private offices, boardroom, kitchen, and ample private parking.
    Where is this office building located?
    The property is located at 3820 Hwy 28 West Alexandria, LA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Multi‑use commercial building with large open spaces and large separate office areas, including a boardroom and kitchen; Stucco construction with carpet and tile flooring; Heating includes electric (heating) and forced air; cooling with central air
    More about this property
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