Office/Warehouse Flex
9164 Comar Dr Walker, LA 70785
New
9164 Comar Dr, Walker, LA, 70785
$825,000
For Sale
$825,000
Two office/warehouse suites offer combined workspace and warehouse areas with convenient access to major transportation routes.
Property Size6,334 SF
Price / SF$130.25
Days on Market2
Property Features for 9164 Comar Dr
General Information
- Standard status
- Active
- Size
- 6,334 SF
Listing agency
Covington & Associates Real Estate, LLC
(225) 571-4149
Listed by
Aaron Goolsby · License #0000069174
Source
Larry.agent225
Added: Jul 21 Updated: Jul 22 at 10:47AM Checked: Jul 22 at 10:47AM
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 Covington & Associates Real Estate, LLC
Investment Insights
Based on property information with market context.
This multi-tenant office/warehouse flex building includes two separate suites. Suite A offers approximately 1,841 square feet of office space and 1,903 square feet of warehouse space, supporting administrative operations alongside warehouse use. Suite B includes approximately 1,001 square feet of office space and 1,589 square feet of warehouse space, providing flexibility for a second tenant or business operation.
The property is located at 9164 Comar Dr. in Walker, LA, with easy access to major transportation routes. Each suite combines office and warehouse areas for commercial activities that require both administrative space and warehouse support.
Shown by appointment only, the building is presented for sale and is suited for owner-occupants and investors seeking a versatile commercial asset with two independent suites.
The property is located at 9164 Comar Dr. in Walker, LA, with easy access to major transportation routes. Each suite combines office and warehouse areas for commercial activities that require both administrative space and warehouse support.
Shown by appointment only, the building is presented for sale and is suited for owner-occupants and investors seeking a versatile commercial asset with two independent suites.
Key Highlights
- Multi‑tenant office/warehouse at 9164 Comar Dr. with two suites
- Suite A: approx. 1,841 SF office and 1,903 SF warehouse
- Suite B: approx. 1,001 SF office and 1,589 SF warehouse
Local Financial Insights For Office B
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 | $82.8k | $13.08 |
| − Vacancy | −$2.1k | −$0.33 |
| EGI | $80.8k | $12.75 |
| − OpEx | −$20.2k | −$3.19 |
| NOI | $60.6k | $9.56 |
6,334 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$865.5K
$757.3K – $1.01M
NOI $60,583 @ 7.0% cap · market cap 7.34%
Second Best
Warehouse
$732.7K
$641.1K – $854.8K
NOI $51,290 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,185 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Data-Tel of Louisiana
Telecommunications Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two office/warehouse suites offer combined workspace and warehouse areas with convenient access to major transportation routes.
Where is this flex space located?
The property is located at 9164 Comar Dr Walker, 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: Multi‑tenant office/warehouse at 9164 Comar Dr. with two suites; Suite A: approx. 1,841 SF office and 1,903 SF warehouse; Suite B: approx. 1,001 SF office and 1,589 SF warehouse
