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Commercial Building with Living Space

49297 Highway 51 Tickfaw, LA 70466

49297 Highway 51, Tickfaw, LA, 70466
$145,000
For Sale
Claim this Listing
$145,000

Commercial building with office, kitchen, and residential space.

Property Size500 SF
Price / SF$290
AddedFeb 11
Days on Market153
Last RefreshMay 19 at 10:16 am

Property Features for 49297 Highway 51

General Information

Standard status
Active
Size
500 SF

Listing office United Real Estate Partners

Listing date Feb 11, 2026

Source Exprealty

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 United Real Estate Partners


Investment Insights

Based on property information with market context.

This commercial building features a warehouse area, office space, a kitchen, and residential accommodations. The upstairs includes one bedroom with a full bathroom, which could alternatively serve as an additional office. A half bath is located downstairs. The building previously housed an auto body shop and tow company. Garage access is available at both the front and rear of the building. The property has a size of 500 square feet.

Key Highlights

  • Commercial building/warehouse with office and kitchen.
  • Upstairs includes 1 bedroom and 1 full bath.
  • Half bath located downstairs.

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 $11.7k $23.40
− Vacancy −$1.6k −$3.30
EGI $10.1k $20.10
− OpEx −$2.5k −$5.03
NOI $7.5k $15.08
500 SF · lease $23.40/SF/yr · vacancy 14.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$107.7K
$94.2K – $125.6K (±1% cap)
NOI $7,538 @ 7.0% cap · market cap 5.20%
Second Best
Retail
$71.6K
$62.7K – $83.6K (±1% cap)
NOI $5,014 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$137.8K
$120.6K – $160.8K (±1% cap)
NOI $9,648 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Building Supply Furniture & Home Goods Grocery & Convenience Store Hair Salon Cafe & Coffee Shop Electrical Service Spa & Massage Center Restaurant Mobile Phone Store

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

FAQs

What type of property is this?
Warehouse - Commercial building with office, kitchen, and residential space.
Where is this warehouse located?
The property is located at 49297 Highway 51 Tickfaw, LA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Commercial building/warehouse with office and kitchen.; Upstairs includes **1 bedroom and 1 full bath.**; Half bath located downstairs.
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