Open-Span Flex
For Sale
Contact for pricing
9775 Lockhart Rd, Denham Springs, LA 70726
Adaptable commercial facility with offices, support areas, multiple entrances, and a paved parking area.
Property Size10,000 SF
Price / SF$0.70
Days on Market105
Property Features for 9775 Lockhart Rd
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Office
Zoning
SNB
Lease Type
NNN
Amenities
Vacant
Listing Agency:
ACG Realty
Listed By:
Alvin Cain · License #995701973
(225) 993-0827
Source:
Lacdb.resimplifi
Added: Jul 4
Changed: Oct 4
Last Checked: Oct 16 at 5:52AM
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 ACG Realty
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Investment Insights
Based on property information with market context.
This approximately 10,000-square-foot flex property occupies 0.80397 acres and combines a broad open-span area with multiple offices or classrooms, restrooms, kitchen and break areas, and several separate entrances. The layout has previously supported school, church, and batting or training operations, providing a range of existing configurations within one facility.
The property is located at 9775 Lockhart Rd in Denham Springs, Louisiana, with surrounding residential growth and nearby community amenities. Zoning is SNB. A paved parking area serves the building and its visitors, while the internal arrangement allows distinct areas for administrative, instructional, assembly, training, or storage functions.
The property is located at 9775 Lockhart Rd in Denham Springs, Louisiana, with surrounding residential growth and nearby community amenities. Zoning is SNB. A paved parking area serves the building and its visitors, while the internal arrangement allows distinct areas for administrative, instructional, assembly, training, or storage functions.
Key Highlights
- Approximately 10,000 square feet on 0.80397 acres
- Large open‑span main area with multiple offices or classrooms
- Restrooms, kitchen or break areas, and several private entry points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,974
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,299,480
$1.3M
Cap Rate 7%
$928,200
$928.2K
Cap Rate 9%
$721,933
$721.9K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$102.0K $10.20/SF
− Vacancy
−$2.0K −$0.20/SF
EGI
$100.0K $10.00/SF
− OpEx
−$35.0K −$3.50/SF
NOI
$65.0K $6.50/SF
Area
Livingston County, LA
Vacancy
2.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,299,480
Cap Rate 7%
$928,200
Cap Rate 9%
$721,933
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.59M
NOI $95,648 @ 7.0% cap · market cap 1,371.30%
Second Best
Industrial
$952.7K
$833.6K – $1.11M
NOI $66,686 @ 7.0% cap · market cap 956.07%
Theoretical Best
Specialty Retail
$2.39M
$2.10M – $2.79M
NOI $167,644 @ 7.0% cap · market cap 2,403.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial facility with offices, support areas, multiple entrances, and a paved parking area.
Where is this flex space located?
The property is located at 9775 Lockhart Rd Denham Springs, LA.
What are key features of this property?
This property features: Approximately 10,000 square feet on 0.80397 acres; Large open‑span main area with multiple offices or classrooms; Restrooms, kitchen or break areas, and several private entry points
