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Property profile & analytics
OFF-MARKET
Estimated value
$230,000
Office buildings
16159 State Bank Dr Prairieville, LA 70769-3584
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US36-0482777
Property summary
AI-generated overview
This Class A office building is located at the corner of Highway 73 and Airline Highway in Prairieville, Louisiana, offering high visibility and good traffic counts. The building features off-street parking and access to back patios and porches. Its location provides proximity to restaurants, a post office, medical facilities, schools, and entertainment venues. The building has three suites. The lot size is 0.27 acres, and the living area encompasses 2,642 square feet.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE (GENERAL)
Lot
0.27 ac (11,761 SF)
APN
20005567
UPID
US36-0482777
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
-
Ascension Parish Assessor's Office Local Government Office County Government Office
-
Keith Lawrence - Houses for Sale in Prairieville LA - Baton Rouge Real Estate Agent Real Estate Agency
-
Team Live Love Louisiana brokered by eXp Realty, LLC Real Estate Agency
-
Agentive Healthcare Health Business Management Consultant
-
eXp Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$230k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$230k
Owner & transaction history
Triple Aaa Properties LLC · 1 yrs held
Triple Aaa Properties LLC
since 2025
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Prairieville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prairieville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$230k
Range $207k – $253k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,058
Tax year 2023
Assessed value
$25,030
Assessed 2023
Previous assessed
$25,030
+0.0% YoY
Effective rate
12.22%
On assessed value
Assessed land
$2,030
Assessed improvement
$23,000
Land market value
$20,300
Improvement market value
$153,333
Total market value
$173,633
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.27 ac (11,761 SF)
APN
20005567
UPID
US36-0482777
Jurisdiction
ASCENSION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.27 ac
Current owner
From public records · entity-resolved
Triple Aaa Properties LLC
Entity
Mailing address
39264 PELICAN LN, PRAIRIEVILLE, LA 70769-4759
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$525,000
Triple Aaa Properties LLC
Louisiana Best Properties LLC
Deed
$420,000 · United Community Bank
Nov 7, 2017
$388,000
Louisiana Best Properties LLC
Sampre 11 LLC
Grant Deed
$310,400 · Investar Bk
—
—
Sampre 11 LLC
—
Deed Of Trust
related
$158,000 · Iberiabank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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