Three-Office
3919 Independence, Alexandria, LA 71303
For Sale
Contact for pricing
The layout includes a private restroom, kitchenette, lobby, and private parking.
Property Size700 SF
Price / SF$1.14
Days on Market11
Property Features for 3919 Independence
General Information
Standard status
Size
Additional Details
Condition
Property Use
Amenities
private bathroom
small lobby
kitchenette area
Asphalt Roof
Percentage of Tax that is Deductable: 0
Tile Floor
Has Central AC: 1
AC Zones: 1, Electric Heat Fuel
Rental, Sale Type: Foreclosure, Availability Date: 2026-11-03
One Story
Property Zone Type: 200, Above Area Square Feet: 700, Smoking Not Allowed
One Full Bath
Pets Not Allowed
Construction Type: Masonry - Brick
Corner Unit
Brick Siding, Wood Siding
Listing Agency:
Louisiana Lagniappe Realty LLC
Listed By:
Elaine Setliff · License LA #0000011025
(318) 448-4400
Source:
Doyle-realty
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 12 at 7:59AM
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 Louisiana Lagniappe Realty LLC
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Investment Insights
Based on property information with market context.
This 700-square-foot office suite at 3919 Independence in Alexandria, Louisiana, contains three large offices, a small lobby, a kitchenette area, and a private bathroom. The interior has been freshly painted, and private parking is available.
Key Highlights
- 700‑square‑foot office suite
- Three large offices, a small lobby, and kitchenette area
- Private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,828
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,560
$196.6K
Cap Rate 7%
$140,400
$140.4K
Cap Rate 9%
$109,200
$109.2K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$16.8K $24.00/SF
− Vacancy
−$3.7K −$5.28/SF
EGI
$13.1K $18.72/SF
− OpEx
−$3.3K −$4.68/SF
NOI
$9.8K $14.04/SF
Area
Rapides County, LA
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,560
Cap Rate 7%
$140,400
Cap Rate 9%
$109,200
Alternative Uses
Best Use
Office B
$140.4K
$122.9K – $163.8K
NOI $9,828 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$193.0K
$168.8K – $225.1K
NOI $13,507 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
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Business Placement
Demographics for 71303, LA
22,797
Population
10,388
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
87%
High-School Grad
63.4 sq mi
ZIP Area
360
Density / Sq Mi
$66,761
Median Household Income
$40,687
Median Earnings
$1,115
Median Rent
$232,900
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
Frequently Asked Questions
What type of property is this?
Office unit - The layout includes a private restroom, kitchenette, lobby, and private parking.
Where is this office unit located?
The property is located at 3919 Independence Alexandria, LA.
What are key features of this property?
This property features: 700‑square‑foot office suite; Three large offices, a small lobby, and kitchenette area; Private bathroom
