Multi-Suite Office
For Sale
$349,900
Pending
533 Parkway Dr, Breaux Bridge, LA 70517
Move-in-ready office building with multiple suites and separate entrances plus parking for day-to-day client access.
Property Size3,420 SF
Days on Market439
Property Features for 533 Parkway Dr
General Information
Standard status
Pending
Size
3,420 SF
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Hargroder Real Estate Group
(337) 945-4888
Listed By:
Dwayne P Hargroder · License #995696954
(337) 945-4888
Source:
Exprealty
Added: May 23, 2025
Changed: Jul 10
Last Checked: Jul 31 at 1:18PM
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 Hargroder Real Estate Group
Investment Insights
Based on property information with market context.
This well-located office building offers multiple suites configured for independent professional use, with separate entrances serving each space. The property is set up to support a range of office users, including CPA, architect, home health care provider, and insurance agency operators. It includes a full concrete parking lot along with additional covered parking in the rear.
The building is positioned just half a mile from I-10, which supports convenient access for both staff and clients. Visibility and proximity to the interstate are key factors for tenants and buyers looking for an office presence that is easy to find.
As a for-sale property, it presents a practical option for owner-occupants and business operators who want a move-in-ready setup with defined suite separation. The combination of multiple entrances and dedicated parking improves day-to-day logistics for client traffic and staff operations. Buyers seeking a small, flexible office asset with on-site parking can evaluate this building based on its suite layout and curb-ready access to major roadway connectivity.
The building is positioned just half a mile from I-10, which supports convenient access for both staff and clients. Visibility and proximity to the interstate are key factors for tenants and buyers looking for an office presence that is easy to find.
As a for-sale property, it presents a practical option for owner-occupants and business operators who want a move-in-ready setup with defined suite separation. The combination of multiple entrances and dedicated parking improves day-to-day logistics for client traffic and staff operations. Buyers seeking a small, flexible office asset with on-site parking can evaluate this building based on its suite layout and curb-ready access to major roadway connectivity.
Key Highlights
- Well‑located office building about 0.5 miles from I‑10
- Multiple suites with separate entrances for flexible professional use
- Move‑in‑ready office space with day‑to‑day client access
Financial Insights For Healthcare Medical
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 | $59.5k | $17.40 |
| − Vacancy | −$6.2k | −$1.83 |
| EGI | $53.3k | $15.57 |
| − OpEx | −$21.3k | −$6.23 |
| NOI | $32.0k | $9.34 |
3,420 SF · lease $17.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$560.6K
$490.6K – $654.1K
NOI $39,245 @ 7.0% cap · market cap 11.22%
Second Best
Healthcare Medical
$456.5K
$399.5K – $532.6K
NOI $31,956 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$751.0K
$657.2K – $876.2K
NOI $52,572 @ 7.0% cap · market cap 15.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 70517, LA
26,434
Population
11,884
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
168.7 sq mi
ZIP Area
157
Density / Sq Mi
$58,342
Median Household Income
$40,119
Median Earnings
$938
Median Rent
$151,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in-ready office building with multiple suites and separate entrances plus parking for day-to-day client access.
Where is this office units located?
The property is located at 533 Parkway Dr Breaux Bridge, LA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Well‑located office building about 0.5 miles from I‑10; Multiple suites with separate entrances for flexible professional use; Move‑in‑ready office space with day‑to‑day client access
