Veterinary Medical Clinic
For Sale
$825,000
82060 Highway 25, Folsom, LA 70437
Veterinary-ready metal building with treatment rooms and animal housing, set on a C2-zoned site with highway frontage.
Property Size5,660 SF
Lot Size1.37 Acres
Price / SF$145.76
Days on Market142
Property Features for 82060 Highway 25
General Information
Standard status
Active
Size
5,660 SF
Lot size
1.37 Acres
Zoning
C2
Additional Details
Heavy Power
Yes
Listing Agency:
Crescent Sotheby's Intl Realty
(985) 264-6222
Listed By:
Lovelle Blitch · License #912123333
(985) 264-6222
Source:
Exprealty
Added: Mar 20
Changed: Aug 7
Last Checked: Aug 7 at 11:18AM
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 Crescent Sotheby's Intl Realty
Investment Insights
Based on property information with market context.
This C2-zoned commercial property is improved with a 5,660-square-foot metal building currently operating as a veterinary clinic. The layout includes office space, a dedicated workroom, treatment rooms, individual animal housing areas with “catios,” and multiple storage areas to support day-to-day operations. The site also includes infrastructure suitable for commercial and light industrial activity, including 3-phase electrical service, natural gas availability, and heavy-duty industrial doors.
The property is located on the south side of Folsom along LA Hwy 25, a highly traveled corridor with approximately 194 feet of highway frontage. Extra-wide driveways and reinforced parking areas accommodate service vehicles, deliveries, and customer traffic, helping support both clinician and service-oriented workflows.
For buyers and operators seeking an established medical facility, the building is designed for veterinary care, including emergency and large animal treatment needs, while the overall configuration can be adapted for other medical and service uses. The reinforced site improvements and industrial access features also make the property a practical fit for contractor operations or light industrial uses. An additional option exists for purchasers interested in a turnkey veterinary operation, with the clinic business and equipment available for purchase separately.
The property is located on the south side of Folsom along LA Hwy 25, a highly traveled corridor with approximately 194 feet of highway frontage. Extra-wide driveways and reinforced parking areas accommodate service vehicles, deliveries, and customer traffic, helping support both clinician and service-oriented workflows.
For buyers and operators seeking an established medical facility, the building is designed for veterinary care, including emergency and large animal treatment needs, while the overall configuration can be adapted for other medical and service uses. The reinforced site improvements and industrial access features also make the property a practical fit for contractor operations or light industrial uses. An additional option exists for purchasers interested in a turnkey veterinary operation, with the clinic business and equipment available for purchase separately.
Key Highlights
- 1.37‑acre C2‑zoned commercial property on LA Hwy 25 in Folsom with 194 ft of highway frontage
- 5,660 SF metal commercial building currently operating as a veterinary clinic
- Clinic layout includes office space, dedicated workroom, treatment rooms, individual animal housing areas (catios), and multiple storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,220
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,424,400
$1.4M
Cap Rate 7%
$1,017,429
$1.0M
Cap Rate 9%
$791,333
$791.3K
Market Conditions
NOI Build-Up for 5,660 SF
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.
Gross rent
$124.3K $21.96/SF
− Vacancy
−$5.6K −$0.99/SF
EGI
$118.7K $20.97/SF
− OpEx
−$47.5K −$8.39/SF
NOI
$71.2K $12.58/SF
Area
St. Tammany County, LA
Vacancy
4.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,424,400
Cap Rate 7%
$1,017,429
Cap Rate 9%
$791,333
Alternative Uses
Best Use
Healthcare Medical
$1.02M
$890.3K – $1.19M
NOI $71,220 @ 7.0% cap · market cap 8.63%
Second Best
Office B
$917.5K
$802.8K – $1.07M
NOI $64,225 @ 7.0% cap · market cap 7.78%
Theoretical Best
Multifamily LT 5
$61.02M
$53.39M – $71.18M
NOI $4,271,081 @ 7.0% cap · market cap 517.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
Explore this area
Business Placement
Demographics for 70437, LA
7,575
Population
3,451
Households
2.2
Avg Household Size
47
Median Age
34%
College-Educated
90%
High-School Grad
86.4 sq mi
ZIP Area
88
Density / Sq Mi
$66,154
Median Household Income
$41,506
Median Earnings
$563
Median Rent
$303,700
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?
Medical center - Veterinary-ready metal building with treatment rooms and animal housing, set on a C2-zoned site with highway frontage.
Where is this medical center located?
The property is located at 82060 Highway 25 Folsom, LA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1.37‑acre C2‑zoned commercial property on LA Hwy 25 in Folsom with 194 ft of highway frontage; 5,660 SF metal commercial building currently operating as a veterinary clinic; Clinic layout includes office space, dedicated workroom, treatment rooms, individual animal housing areas (catios), and multiple storage areas
