Property profile

1268 Southampton Dr Alexandria, LA 71303

OFF-MARKET
Office Spaces
Property ID
US36-1063857
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This single-story, 2,914 square foot Class C medical/professional office building in Alexandria, Louisiana, is offered for sale at $399,999 ($137.27/sq ft). Located at 1268 Southampton Dr, 71303, this vacant property boasts a desirable location and features 19 rooms, including 11+ offices, a break room, lobby, reception area, and four bathrooms. Additional space is available for use as offices or storage, along with three dedicated storage rooms. Ample parking is provided with 19 spaces, including four covered spots. The building, constructed in 1985, benefits from a new roof (installed in 2017) with a 30-year architectural warranty, new air conditioning, and insulated windows. Its COMMERCIAL zoning allows for flexibility, and the property's layout is easily adaptable for single or multi-tenant occupancy, presenting an excellent opportunity for rental income generation. The property is privately owned and sits on a single building lot.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
APN 24-031-09891-0014
UPID US36-1063857

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic
  • Pediatrician Medical Clinic

Location

1268 Southampton Dr Alexandria, LA 71303-3036
Alexandria metro Census 12302 ALEXANDRIA, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2007
Last sale
$355,000
1 recorded transaction
2007
$299,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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