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Office Building with Elevator

816 University Parkway, Natchitoches, LA 71457

For Sale
New
$1,200,000

B3-zoned, tenant-occupied offices feature conference rooms, a kitchen, reception space, and on-site parking.

Property Size15,000 SF
Lot Size1.05 Acres
Price / SF$80
Days on Market6

Property Features for 816 University Parkway

General Information

Standard status Active
Size 15,000 SF
Elevators Yes
Lot size 1.05 Acres
Property subtype Commercial
Zoning B3

Additional Details

Asking Price $1,200,000
Tenant in Place Yes
Property Use Office

Amenities

private offices
conference rooms
full kitchen
reception area
waiting areas
accessible restrooms
storage

Building Details

Year Built 1980
Buildings 1
Stories 2
Building Size 15,000 SF
Tenancy Single
Abandoned No
Listing Agency: Bonnette Auction Company
Listed By: Wendi Ford
Source: Bradfergusonrealestate
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 8 at 4:11PM

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 Bonnette Auction Company

Rey
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Investment Insights

Based on property information with market context.

This 15,000± square foot office building sits on 1.05± acres and was built in 1980. Its 12,000± square foot first floor and 3,000± square foot second floor are connected by an elevator. The layout includes 40 private offices, three conference rooms, a full kitchen, reception and waiting areas, six accessible restrooms, and second-floor storage. Concrete parking is positioned along the front, rear, and side of the building. The property is currently occupied by a tenant and is zoned B3.

At 816 University Parkway in Natchitoches, the building is directly across from Northwestern State University. Its office configuration and existing occupancy are supported by the building’s dedicated work, meeting, reception, and service areas.

Key Highlights

  • 15,000± square foot office building on 1.05± acres
  • 12,000± square foot first floor and 3,000± square foot second floor
  • 40 private offices and three conference rooms

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Hagewood Water System ... Water Utility Company Ashlar Medical Medical Clinic Document Imaging & Archiving Medical Clinic Waskom, Brown and Associates Accounting Firm New York Life Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Dental Office Kitchen & Bath Showroom Plumbing Service HVAC Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 71457, LA

25,506
Population
12,086
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
269.7 sq mi
ZIP Area
95
Density / Sq Mi
$47,410
Median Household Income
$34,458
Median Earnings
$801
Median Rent
$194,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - B3-zoned, tenant-occupied offices feature conference rooms, a kitchen, reception space, and on-site parking.
Where is this office building located?
The property is located at 816 University Parkway Natchitoches, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 15,000± square foot office building on 1.05± acres; 12,000± square foot first floor and 3,000± square foot second floor; 40 private offices and three conference rooms
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