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    64274 Highway 41, Pearl River, LA 70452

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    New construction suites available for lease in prime location.

    Type:Office, Retail, Special Purpose
    Property size:
    1,648 SF
    Added:
    Nov 6, 2025
    Days on Market:
    188
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 64274 Highway 41

    General Information

    Standard status
    Active
    Size
    1,648 SF
    Property subtype
    Office, Retail, Special Purpose

    Spaces For Lease

    at 64274 Highway 41 Contact us

    Available Space 3 $1,600 /Mo

    Size
    Type
    Office, Retail, Special Purpose
    NEW CONSTRUCTION - PRIME LOCATION - MANY EXCELLENT POSSIBILITIES: MEDICAL, WAREHOUSE,...
    show more
    Contact us

    Available Space 4 $1,600 /Mo

    Size
    Type
    Office, Retail, Special Purpose
    NEW CONSTRUCTION - PRIME LOCATION - MANY EXCELLENT POSSIBILITIES: MEDICAL, WAREHOUSE,...
    show more
    Contact us

    Available Space 1 $1,600 /Mo

    Size
    Type
    Office, Retail, Special Purpose
    NEW CONSTRUCTION - PRIME LOCATION - MANY EXCELLENT POSSIBILITIES: MEDICAL, WAREHOUSE,...
    show more
    Contact us

    Available Space 2 $1,600 /Mo

    Size
    Type
    Office, Retail, Special Purpose
    NEW CONSTRUCTION - PRIME LOCATION - MANY EXCELLENT POSSIBILITIES: MEDICAL, WAREHOUSE,...
    show more
    Contact us

    We can help!

    Listing Contact
    Stephen Molero

    Listing agent Stephen Molero License #BROK 995718934

    Listing office Top Agent Realty

    Listing date Nov 6, 2025

    Source Crexi

    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 Top Agent Realty

    HighLights

    • Prime location on Hwy 41 and Pine Street Ext, a high‑traffic main artery in Pearl River.
    • New construction with four units available for lease, offering flexibility to lease one or more suites.
    • Versatile spaces suitable for medical, warehouse, daycare, physical therapy, instant care clinic, or day spa.
    • Suites range from 1625 to 1648 square feet.
    • Build‑out stage allows for customization.
    • Lessor covers building insurance, property taxes, exterior cleaning, exterior lights, and dumpster.

    Overview

    New construction suites are available for lease in a prime location, suitable for medical, warehouse, day care, physical therapy, instant care clinic, or day spa purposes. Four units are currently available for lease, with each suite space offered at a lease amount of $1600 per month and a $1600 security deposit. The square footage ranges from 1625 to 1648 per suite. The property is at the build-out stage. It is located in a high-traffic area on the main artery through Pearl River, specifically on Highway 41 and Pine Street Ext. A three-year lease is preferred. The tenant is responsible for paying all utilities, water, and carrying liability insurance of no less than $1,000,000.00, providing a certificate of insurance, and naming the lessor as an additional insured. The lessor will be responsible for the building insurance only, property taxes, cleaning of the outside front of the building, exterior lights, and providing a dumpster behind the property. The tenant is responsible for keeping the back of the property clean.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Similar Places Nearby

    • Pearl River Veterinary Hospital — 64681 LA-41, Pearl River, LA 70452
    • Pearl River Veterinary Hospital: Bradbury Michael DVM — 64881 LA-41, Pearl River, LA 70452

    Location Insight

    • Map
    • Local Demand
    City
    Pearl River
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -89.760995
    Latitude
    30.36885

    FAQs

    What type of property is this?
    Medical Office Space - New construction suites available for lease in prime location.
    Where is this medical office space located?
    The property is located at 64274 Highway 41 Pearl River, LA.
    What is the lease rate?
    The lease rate is $19,200 /Mo.
    What are key features of this property?
    This property features: Prime location on Hwy 41 and Pine Street Ext, a high‑traffic main artery in Pearl River.; New construction with four units available for lease, offering flexibility to lease one or more suites.; Versatile spaces suitable for medical, warehouse, daycare, physical therapy, instant care clinic, or day spa.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Stephen Molero
    Real Estate License ID: BROK 995718934
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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