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38467 Hwy 42, Prairieville, LA 70769

Newly constructed Class-A office building offering executive suites and flexible workspace options.

Property Size5,895 SF
Days on Market118

Property Features for 38467 Hwy 42

General Information

Standard status Active
Size 5,895 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 5,895 SF
Year Built 2026
Listing Agency: JRE Brokerage
Listed By: Will Chadwick · License #SALE.995691229‐ACT
Source: Gojre
Added: Jun 25 Changed: Oct 16 Last Checked: Oct 20 at 5:37PM

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 JRE Brokerage

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Investment Insights

Based on property information with market context.

The W at Windsor Park is a newly constructed, Class-A office building designed to support both executive suites and flexible workspace options. The property is positioned to accommodate businesses seeking office configurations beyond a single fixed layout.

Located at 38467 Hwy 42 in Prairieville, Louisiana, the building’s available spaces are suited for tenants looking for professional office environments within a Class-A setting.

Interested parties should confirm the specific suite and workspace availability with the listing team based on the current offering.

Key Highlights

  • Year built: 2026
  • Newly constructed Class‑A office building
  • Offers executive suites and flexible workspace options

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,074
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,480 $1.2M
Cap Rate 7%
$886,771 $886.8K
Cap Rate 9%
$689,711 $689.7K
Market Conditions
NOI Build-Up for 5,895 SF
Gross rent
$106.1K $18.00/SF
− Vacancy
−$23.3K −$3.96/SF
EGI
$82.8K $14.04/SF
− OpEx
−$20.7K −$3.51/SF
NOI
$62.1K $10.53/SF
Area
Ascension County, LA
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,480
Cap Rate 7%
$886,771
Cap Rate 9%
$689,711

Alternative Uses

Best Use
Office B
$886.8K
$775.9K – $1.03M (±1% cap)
NOI $62,074 @ 7.0% cap · market cap 8,561.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,547 @ 7.0% cap · market cap 12,489.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 70769, LA

46,671
Population
17,557
Households
2.7
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
47.9 sq mi
ZIP Area
974
Density / Sq Mi
$114,707
Median Household Income
$59,552
Median Earnings
$1,245
Median Rent
$295,200
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Newly constructed Class-A office building offering executive suites and flexible workspace options.
Where is this office unit located?
The property is located at 38467 Hwy 42 Prairieville, LA.
What are key features of this property?
This property features: Year built: 2026; Newly constructed Class‑A office building; Offers executive suites and flexible workspace options
More about this property
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