Mixed-Use Property with Open Flex
For Sale
$995,000
9775 LOCKHART RD, Denham Springs, LA 70726
Commercial Sale, Denham Springs, LA
Property Size10,000 SF
Lot Size0.80 Acres
Price / SF$99.50
Days on Market114
Property Features for 9775 LOCKHART RD
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
HWY 16 N RIGHT ON LOCKHART ROAD. ACROSS FROM NORTH PARK
Subdivision
LIV MLS Area 81
Standard status
Active
APN
0629782
Size
10,000 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Description
LOT C-1 CONTS 1.39 ACRES SEC 28-6-3
Legal Description
LOT C-1 CONTS 1.39 ACRES SEC 28-6-3
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2013
Floors in Building
1
Building materials
Brick, Metal Siding
Roof type
Metal
Listing Agency:
ACG Realty
(225) 384-0020
Listed By:
Alvin Cain · License #995701973
(225) 993-0827
Added: Jul 4
Changed: Oct 23
Last Checked: Oct 25 at 9:06AM
MLS# 2026012268
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 10,000-square-foot mixed-use property includes a large open-span area alongside private offices or classrooms, restrooms, and a kitchen or break area. Multiple entry points support access to different parts of the building. The property was built in 2013, with brick and metal siding, a metal roof, central heating, and central air conditioning.
At 9775 Lockhart Road in Denham Springs, the building sits on a 0.8-acre lot with a paved parking area. Public water and public sewer serve the property.
At 9775 Lockhart Road in Denham Springs, the building sits on a 0.8-acre lot with a paved parking area. Public water and public sewer serve the property.
Key Highlights
- 10,000 square feet of building area
- 0.8‑acre lot
- Open‑span flex area with private offices or classrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,686
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,720
$1.3M
Cap Rate 7%
$952,657
$952.7K
Cap Rate 9%
$740,956
$741.0K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$97.2K $9.72/SF
− Vacancy
−$1.9K −$0.19/SF
EGI
$95.3K $9.53/SF
− OpEx
−$28.6K −$2.86/SF
NOI
$66.7K $6.67/SF
Area
Livingston County, LA
Vacancy
1.99%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,720
Cap Rate 7%
$952,657
Cap Rate 9%
$740,956
Alternative Uses
Best Use
Mixed Use
$1.34M
$1.17M – $1.56M
NOI $93,600 @ 7.0% cap · market cap 9.41%
Second Best
Industrial
$952.7K
$833.6K – $1.11M
NOI $66,686 @ 7.0% cap · market cap 6.70%
Theoretical Best
Specialty Retail
$2.39M
$2.10M – $2.79M
NOI $167,644 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and classroom areas complement open-span space, with multiple entrances and paved parking on site.
Where is this mixed-use property located?
The property is located at 9775 LOCKHART RD Denham Springs, LA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 10,000 square feet of building area; 0.8‑acre lot; Open‑span flex area with private offices or classrooms
