Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    120 Mallard St Saint Rose, LA 70087

    • Medical offices
    • 56,947 SF
    • 3.40 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Last Sale
    Jun 03, 2020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1208416
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Danzas AEI Intercontinental / Freight Service / Logistics Company
    • Brown & Root Industrial Services / Corporate Office
    • Norton Lilly International / Logistics Company / Freight Service
    • James Business Park / Business Park
    • Nola Nica / Restaurant

    Property Details for 120 Mallard St

    Year built
    1981
    Lot size
    3.40 lot acres
    Property size
    56,947 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    -5- 524 004 0015B
    APU
    55240040015B

    Description

    This exceptional Class A office building, located within the prestigious Two James Business Park in St. Rose, Louisiana, offers 53,520 square feet of prime office space. The three-story building boasts solid concrete and glass construction, modern floor plans, and ample parking. Currently, 8,857 square feet are available, divisible into units ranging from 946 to 4,149 contiguous square feet. The building is situated on a beautifully landscaped campus within a 200+ acre master-planned development, home to many leading corporate tenants. Its strategic location provides unparalleled convenience, approximately one mile west of Louis Armstrong New Orleans International Airport, two miles east of I-310, four miles from I-10, and 5.5 miles from Elmwood Business Park. Enjoy easy access to major freeways, hotels, restaurants, banks, and other essential services. The park's commitment to excellence is evident in its on-site management team, dedicated maintenance personnel, and roving security, ensuring a superior level of service. This is a rare opportunity to secure high-quality office space in a thriving business community. The address is 120 Mallard St, Saint Rose, LA 70087. Four suites are available in total.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Rose
    County
    Saint Charles
    State
    Louisiana
    Longitude
    -90.2837
    Latitude
    29.9814
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $48,254
    $46,240
    $387,351
    $433,591
    -
    $462,400
    $2,582,340
    $3,044,740

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      608 Mockingbird Ln

      MEDICAL BUILDING • 0.12 Acres
      608 Mockingbird Ln, Saint Rose, LA 70087-3816
      View Details
    • Value Estimation
      $915,000
      7,260 SF

      10425 Airline Hwy

      MEDICAL BUILDING • 7,260 SF
      10425 Airline Hwy, Saint Rose, LA 70087-3009
      View Details
    • Value Estimation by Request
      0.46 Acres

      10574 Riv Rd

      MEDICAL BUILDING • 0.46 Acres
      10574 Riv Rd, Saint Rose, LA 70087-3304
      View Details
    • Value Estimation
      $705,000
      5,335 SF

      11 James Blvd

      MEDICAL BUILDING • 5,335 SF
      11 James Blvd, Saint Rose, LA 70087-4004
      View Details
    • Value Estimation
      $800,000
      24,018 SF

      110 James W Dr

      MEDICAL BUILDING • 24,018 SF
      110 James W Dr, Saint Rose, LA 70087-4027
      View Details
    • Value Estimation
      $1,335,000
      25,650 SF

      201 Beltway Dr

      MEDICAL BUILDING • 25,650 SF
      201 Beltway Dr, Saint Rose, LA 70087-3100
      View Details

    Similar Nearby for Sale

    • $653,400

      Saint Rose Industrial Land - M-1 Zoning

      Prime 1-3 Acre Industrial Lot, Ready to Build
      0 Delta Dr, Saint Rose, LA 70087
      View Details
    • $350,000

      Vacant Land on River Road

      5.15 acre vacant land parcel in St. Rose, Louisiana.
      10812 River Rd, Saint Rose, LA 70087
      View Details
    • $618,750
      1.42 Acres

      Saint Rose Industrial Land - $618,750

      1.42-acre industrial lot, prime location.
      120 Canvasback Dr, Saint Rose, LA 70087
      View Details
    • $55,000
      18,200 SF

      St. Rose Warehouse: 18,200 SF

      Prime Louisiana Warehouse - Owner Financing Available
      ROSE LA International Singing Shr St St, Saint Rose, LA 70087
      View Details
    • $99,000

      Vacant Lot in St. Rose

      Vacant lot ready for new construction in established neighborhood.
      11 Sombrero Ln, St Rose, LA 70087
      View Details
    • $560,850
      5.15 Acres

      River Road Commercial Land

      5.15 Acres, Prime Location
      10812 River Rd, Saint Rose, LA 70087
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      43,055 SF

      Prime St. Rose Office Space

      Class A Office, 3,229-30,142 SF Available
      100 James Dr, Saint Rose, LA 70087
      View Details
    • $12 SF/Yr
      7,693 SF

      Saint Rose Office Suites Available

      Premium office space, flexible build-out.
      110 James Dr, Saint Rose, LA 70087
      View Details
    • $17 SF/Yr
      53,520 SF

      Two James Business Park Offices

      St. Rose, LA Executive Suites Available
      120 Mallard St, Saint Rose, LA 70087
      View Details
    • $10 SF/Yr
      38,692 SF

      James Drive West Warehouse Space

      38,692 SF Warehouse, 7,943 SF Available
      125 James Dr, Saint Rose, LA 70087
      View Details
    • $9 SF/Yr
      36,357 SF

      St. Rose Industrial Warehouse Space

      10,076 SF Warehouse, Prime Location
      190 James Dr, Saint Rose, LA 70087
      View Details
    • $7 SF/Yr
      134,400 SF

      Airline Hwy Warehouse Space

      134,400 SF Warehouse, 45,810 SF Available
      10058 Airline Hwy, Saint Rose, LA 70087
      View Details
    Request Owner's contact information
    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.
    120 Mallard St
    Saint Rose, LA 70087
    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
    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

    Google sign-in failed. Please try again or use another login method.