Brusly Office Space For
467 Oak Plaza Blvd Brusly, LA 70719
467 Oak Plaza Blvd, Brusly, LA, 70719
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For Sale
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2,500 SqFt office space with 9.00% CAP rate.
Property Size2,500 SF
Price / SF$194.40
Days on Market58
Property Features for 467 Oak Plaza Blvd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 2012
Listing agency
Marcus & Millichap - Orlando
Listed by
Christopher Biuso · License #Fl SL3424071
Source
Crexi
Added: May 26 Updated: Jul 10 at 1:41PM Checked: Jul 21 at 6:10AM
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 Marcus & Millichap - Orlando
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office space with a size of 2,500 square feet. The property is located in Brusly, Louisiana. The property has a capitalization rate of 9.00%.
Key Highlights
- 9.00% CAP Rate
- Office Property
- 2,500 SqFt of space
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 | $32.7k | $13.08 |
| − Vacancy | −$818 | −$0.33 |
| EGI | $31.9k | $12.75 |
| − OpEx | −$8.0k | −$3.19 |
| NOI | $23.9k | $9.56 |
2,500 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$341.6K
$298.9K – $398.5K
NOI $23,912 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$598.7K
$523.9K – $698.5K
NOI $41,911 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Daniel T. Fontenot, ...
Physician
The Spine Diagnostic & Pain ...
Physician
Emily Santa Ana
Physician
Baton Rouge Cardiology ...
Medical Clinic
Nakia A. Newsome, MD, ...
Physician
FAQs
What type of property is this?
Office units - 2,500 SqFt office space with 9.00% CAP rate.
Where is this office units located?
The property is located at 467 Oak Plaza Blvd Brusly, LA.
What is the asking price?
The asking price for this property is $486,000.
What are key features of this property?
This property features: 9.00% CAP Rate; Office Property; 2,500 SqFt of space
