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Corner Site for Commercial Development
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Juban Rd. @ Florida Blvd., Denham Springs, LA 70726

Hard corner site suitable for retail, office, or medical development.

Property Size7,000 SF
Lot Size1.17 Acres
Price / SF$109.43
Days on Market2309

Property Features for Juban Rd. @ Florida Blvd.

General Information

Standard status Active
Size 7,000 SF
Lot size 1.17 Acres
Property subtype Land
Zoning NONE (Outside City Limits)
Listing Agency: Saurage Rotenberg Commercial Real Estate
Listed By: Carmen Austin, MBA, CCIM, SIOR · License #LA BROK.0912122713-ASA
Source: Crexi
Added: Jun 25, 2020 Changed: Oct 16 Last Checked: Oct 19 at 7:19AM

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 Saurage Rotenberg Commercial Real Estate

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Investment Insights

Based on property information with market context.

A hard corner site is available for commercial development, suitable for a stand-alone retail, office, or medical office user. The site is located at the intersection of Juban Road and Florida Boulevard, approximately 1 mile north of I-12. The site offers access to approximately 51,000 square feet and is suitable for development. Potential uses include a gas station, car wash, oil change facility, or quick-service restaurant. The owner is able to quickly construct a build-to-suit project for a qualified user, with building sizes ranging from 3,500 to approximately 7,000 square feet. A survey is available for review.

Key Highlights

  • Hard corner location at the intersection of Juban Rd. and Florida Blvd.
  • High‑traffic location ideal for retail, office, or medical office.
  • Development‑ready +/- 51,000 SF corner site.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,953
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,060 $1.3M
Cap Rate 7%
$956,471 $956.5K
Cap Rate 9%
$743,922 $743.9K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$91.6K $13.08/SF
− Vacancy
−$2.3K −$0.33/SF
EGI
$89.3K $12.75/SF
− OpEx
−$22.3K −$3.19/SF
NOI
$67.0K $9.56/SF
Area
Livingston County, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,060
Cap Rate 7%
$956,471
Cap Rate 9%
$743,922

Alternative Uses

Best Use
Specialty Retail
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,351 @ 7.0% cap · market cap 15.32%
Second Best
Retail
$1.56M
$1.37M – $1.83M (±1% cap)
NOI $109,527 @ 7.0% cap · market cap 14.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 70726, LA

59,586
Population
24,925
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
88.2 sq mi
ZIP Area
676
Density / Sq Mi
$77,129
Median Household Income
$41,240
Median Earnings
$1,180
Median Rent
$215,100
Median Home Value

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?
Commercial land - Hard corner site suitable for retail, office, or medical development.
Where is this commercial land located?
The property is located at Juban Rd. @ Florida Blvd. Denham Springs, LA.
What is the asking price?
The asking price for this property is $766,000.
What are key features of this property?
This property features: Hard corner location at the intersection of Juban Rd. and Florida Blvd.; High‑traffic location ideal for retail, office, or medical office.; Development‑ready +/- 51,000 SF corner site.
(225) 328-1778 Call to check price and availability
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