Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    720 Keyser Avenue Natchitoches, LA 71457

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,900,000

    48,793 SF medical facility with 120 patient rooms.

    Type:Special Purpose
    Property size:
    48,793 SF
    Added:
    Nov 21, 2025
    Days on Market:
    132
    Last Refresh:
    Mar 30 at 10:33 pm

    Property Features for 720 Keyser Avenue

    General Information

    Standard status
    Active
    Size
    48,793 SF
    Property subtype
    Special Purpose

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Thaddyeus Dixon, CCIM

    Listing agent Thaddyeus Dixon, CCIM License #LA #995712168

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Thaddyeus Dixon, CCIM

    Overview

    Natchitoches Medical Facility For Sale

    This commercial property, situated in the heart of commercial Natchitoches on Keyser Avenue, is located between Natchitoches Regional Medical Center and Walmart. The property features approximately 120 rooms, each equipped with half baths and a window, arranged in 6 pods, each with dining facilities. Additionally, there are approximately 18 offices, a gym/conference area, a beauty shop, courtyards, 6 spa rooms, a laundry facility, and a main kitchen. The facility is equipped with a full generator, a smoke alarm system, cameras, and a rear covered canopied entrance. The property is deed restricted, prohibiting its use as a skilled nursing facility. The building has a total size of approximately 48,793 square feet and is suitable for medical or healthcare purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Holly Cameron Physician Community Care Center Nursing Home

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Natchitoches
    County
    Natchitoches
    State
    Louisiana
    Longitude
    -93.0734
    Latitude
    31.754

    Nearby Similar for Sale

    • $450,000
      4,235 SF

      Natchitoches Commercial Building For Sale

      4,235 SF commercial building in high-visibility location.
      312 Texas Street, Natchitoches, LA 71457
      View Details
    • $2,499,999

      Lakefront Restaurant with Development Potential

      Turn-key restaurant with lake frontage and development opportunities in Natchitoches.
      5948 HWY 1 BYP None, Natchitoches, LA 71457
      View Details
    • $650,000
      2,760 SF

      Remodeled Commercial Building with Parking

      East Natchitoches commercial building suitable for restaurant or retail.
      124 South Drive, Natchitoches, LA 71457
      View Details
    • $486,133
      1,594 SF

      Huddle House NNN Lease

      NNN leased Huddle House in university town for sale.
      5306 University Pkwy, Natchitoches, LA
      View Details
    • $1,851,852
      2,194 SF

      Popeyes Restaurant on University Parkway

      Popeyes restaurant for sale with long-term NNN lease.
      5101 University Pkwy, Natchitoches, LA 71457
      View Details
    • $195,000

      Natchitoches Commercial Building For Sale

      Commercial building with ample parking and storage in Natchitoches.
      912 SOUTH Drive, Natchitoches, LA 71457
      View Details
    • $195,000
      7,728 SF

      Commercial Building with Ample Parking

      Large commercial building with over 7000 sq. ft. heated area.
      912 SOUTH Drive, Natchitoches, LA 71457
      View Details

    FAQs

    What type of property is this?
    Medical center - 48,793 SF medical facility with 120 patient rooms.
    Where is this medical center located?
    The property is located at 720 Keyser Avenue Natchitoches, LA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Prime location on Keyser Avenue, in the heart of commercial Natchitoches, near Natchitoches Regional Medical Center and Walmart.; Substantial ±48,793 SF medical facility offered at less than $39 per square foot, including land.; Features **120 patient rooms**, each with half baths, and multiple dining facilities.
    (318) 483-1500
    We can help!
    Listing Contact
    Thaddyeus Dixon, CCIM
    Real Estate License ID: LA #995712168
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!