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Property profile & analytics
OFF-MARKET Estimated value $840,000
Medical Office Space

160 James E Dr Saint Rose, LA 70087-4048

25,772 SF 3.62 ac lot Built 1981
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US36-1137210
Property summary
AI-generated overview

This exceptional Class A office building, located at 160 James Drive East in Saint Rose, Louisiana, offers 25,772 square feet of executive office space within the prestigious James Business Park. Currently, 9,340 square feet is available for lease, including one contiguous space of 5,886 square feet. Built in 1981, this tilt-up concrete structure boasts large tinted windows, high-quality interior finishes, and ample on-site parking, including a large truck court. The property is zoned M-1 and situated in a professionally landscaped, campus-like setting, reflecting the high standards of James Business Park, a 200+ acre master-planned development home to many leading corporate tenants. Its strategic location provides unparalleled access to major freeways (Interstate 10 and Interstate 310 are within a short drive), Louis Armstrong New Orleans International Airport (approximately 1 mile west), and other amenities including hotels, restaurants, and banks. The building benefits from exceptional on-site management and maintenance, including two on-site managers, three dedicated maintenance personnel, and roving security, ensuring a superior level of service. This presents a unique opportunity to secure high-quality office space in a prime location within a thriving business park.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Total area 25,772 SF
Lot 3.62 ac (157,687 SF)
Zoning code M1
APN -5- 524 002 00007
UPID US36-1137210
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Intertek USA Chemistry Lab
  • ADT Security Services Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$840k
Owner & transaction history
160 James Drive LLC · 6 yrs held
160 James Drive LLC
since 2020
3 recorded transactions
2020
Price N/A
2019
$1,537
2007
$99.0M
Zoning & alternative use
M1 · Saint Rose, LA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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