Former Bank Office
6408 Hwy 28 E Pineville, LA 71360
For Sale
Contact for pricing
Fully furnished office building with multiple private offices, conference room, and a drive-through window.
Property Size2,800 SF
Price / SF$133.93
Days on Market181
Property Features for 6408 Hwy 28 E
General Information
Standard status
Active
Size
2,800 SF
Property subtype
OFFICE
Listing Agency:
Latter & Blum Central Realty
(318) 715-4795
Listed By:
Buck Holt · License #995704186
(318) 715-4795
Source:
Moodyscre
Added: Jan 29
Changed: Jul 26
Last Checked: Jul 28 at 1:32PM
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 Latter & Blum Central Realty
Investment Insights
Based on property information with market context.
This fully furnished former bank building offers a functional office layout designed for professional or service use. The interior includes five private offices, a conference room, three additional front office spaces, and a large lobby and waiting area. Support spaces include a kitchen/breakroom, storage room, electrical room, and janitorial room. Additional features include a drive-through window, along with a rear entrance for staff or deliveries.
The property is located on busy Highway 28 in Pineville and provides access from the main frontage. Parking is available on both sides of the building, supporting easy arrival for employees and visitors.
The building is offered for sale as a move-in ready space with existing office improvements and furnishings already in place.
The property is located on busy Highway 28 in Pineville and provides access from the main frontage. Parking is available on both sides of the building, supporting easy arrival for employees and visitors.
The building is offered for sale as a move-in ready space with existing office improvements and furnishings already in place.
Key Highlights
- Fully furnished former bank building on busy HWY 28 in Pineville, move‑in ready for office use
- Interior layout includes 5 private offices, a conference room, and 3 additional front office spaces
- Large lobby and waiting area plus kitchen/breakroom, storage room, electrical room, and janitorial room
Financial Insights For Specialty Retail
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 | $47.7k | $17.04 |
| − Vacancy | −$2.1k | −$0.77 |
| EGI | $45.6k | $16.27 |
| − OpEx | −$11.4k | −$4.07 |
| NOI | $34.2k | $12.20 |
2,800 SF · lease $17.04/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$561.6K
$491.4K – $655.2K
NOI $39,312 @ 7.0% cap · market cap 10.48%
Second Best
Specialty Retail
$488.2K
$427.2K – $569.6K
NOI $34,174 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$771.8K
$675.4K – $900.5K
NOI $54,029 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Fully furnished office building with multiple private offices, conference room, and a drive-through window.
Where is this office building located?
The property is located at 6408 Hwy 28 E Pineville, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully furnished former bank building on busy HWY 28 in Pineville, move‑in ready for office use; Interior layout includes 5 private offices, a conference room, and 3 additional front office spaces; Large lobby and waiting area plus kitchen/breakroom, storage room, electrical room, and janitorial room
