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

    1833 Sterkx Rd Alexandria, LA 71301

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.21-acre lot, 3,420 SF, 16 parking spaces

    Property size:
    3,420 SF

    Property Features for 1833 Sterkx Rd

    General Information

    Property type
    Office Units
    Square Feet
    3,420 SF
    Class
    C
    Lot Size
    52,708 SF

    Building Details

    Year Renovated
    1
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    SHAWN NUGENT
    SHAWN NUGENT

    Listing Agency: The REALty Company of Louisiana Listing Agent: SHAWN NUGENT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Alexandria, LA commercial property offers a 3,420 square foot, single-story, Class C creative office building situated on a 1.21-acre lot. Recently renovated, the building features a welcoming open lobby with dual receptionist areas, seven offices, four bathrooms, a kitchen, three file rooms, and a conference room. Ample parking is provided with 16 spaces. The property boasts excellent road frontage on a paved city street, near a corner lot, and is zoned C2. Electric heating and cooling systems are in place. This multi-office investment opportunity is vacant and presents a refreshed appearance, ideal for various professional services. The free-standing building offers significant expansion potential. The property's location in Rapides Parish, with its address at 1833 Sterkx Rd, Alexandria, LA 71301, provides convenient access. Serious inquiries regarding potential income generation are encouraged. This is a unique chance to acquire a versatile commercial property with significant upside. APN: 2404234175001101. Asking price: $495,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Westerchil Construction Co Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides Parish
    State
    Louisiana
    Longitude
    -92.4481508
    Latitude
    31.2788816

    Nearby Similar for Sale

    • $160,000
      0.75 Acres

      Income-Generating Property with Multiple Rentals

      Turn-key rental investment with mobile homes and lot rentals.
      6608 2Nd St, Alexandria, LA 71303
      View Details
    • $850,000
      12,830 SF

      Office/Warehouse Space For Sale

      12,830 SF office/warehouse, former automotive repair business.
      6505 Masonic Dr, Alexandria, LA 71301
      View Details
    • Contact for pricing
      11,660 SF

      Retail Shopping Center Near Mall

      Multi-tenant retail center in high-traffic area near Alexandria Mall.
      2385 S Macarthur Dr, Alexandria, LA 71301
      View Details
    • Contact for pricing
      38,649 SF

      Manufacturing/Warehouse Space with Offices

      Manufacturing and warehouse space with separate offices and conference rooms.
      1501 Wimbledon Blvd, Alexandria, LA 71301
      View Details
    • Contact for pricing
      42,322 SF

      Former Call Center in Alexandria

      Furnished office building with development potential and ample parking.
      1421 Wimbledon Blvd, Alexandria, LA 71301
      View Details
    • $695,000
      3,500 SF

      Prime Alexandria Gas Station & Restaurant

      Profitable Turnkey Retail Opportunity in LA
      3812 3Rd St, Alexandria, LA 71302
      View Details
    • $325,000
      7,000 SF

      Prime Alexandria Commercial Trio

      Three-unit office building, ideal location.
      2021 Macarthur Dr, Alexandria, LA 71301
      View Details
    • $449,000
      1.20 Acres

      Prime Alexandria Retail Pad Site

      High-traffic location, vacant, ready for your business.
      4108 Coliseum Blvd, Alexandria, LA 71303
      View Details
    • $190,000
      8,950 SF

      Alexandria Multifamily Investment Opportunity

      Multiple rental properties being sold as one package in Alexandria.
      90 Essie St, Alexandria, LA 71301
      View Details
    • $275,000
      2,756 SF

      Downtown Alexandria Commercial Office Building

      Commercial office building in downtown Alexandria with parking.
      720 Jackson Street Ext, Alexandria, LA 71301
      View Details
    • $130,000
      1,050 SF

      Commercial Property on MacArthur Drive

      Commercial property on 0.3 acres with high visibility.
      5120 Leo St, Alexandria, LA 71301
      View Details
    • $240,000
      Pending

      Alexandria Multi-Family Investment Opportunity

      Multi-unit property with existing tenants, ideal for investors.
      3462 Halsey St, Alexandria, LA 71301
      View Details

    FAQs

    What type of property is this?
    Office units - 1.21-acre lot, 3,420 SF, 16 parking spaces
    Where is this office units located?
    The property is located at 1833 Sterkx Rd Alexandria, LA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price for this mixed-use, creative office building.; 3,420 square feet on a 1.21-acre lot in Alexandria, LA.; Vacant, Class C building with 16 parking spaces.
    (318) 447-8121 Call to check price and availability
    Request Owner's contact information
    1833 Sterkx Rd Alexandria, LA 71301
    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.
    1833 Sterkx Rd
    Alexandria, LA 71301
    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
    1833 Sterkx Rd Alexandria, LA 71301
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing SHAWN NUGENT
    SHAWN NUGENT
    Real Estate License ID: 995713942
    (318) 447-8121 (318) 767-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!