Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    711 Washington St Alexandria, LA 71301-8030
    Back to Search
    Property profile & analytics

    711 Washington St, Alexandria, LA 71301-8030

    View on Map
    • Office buildings
    Off-Market
    Property ID
    US36-1206367
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cespiva Law Firm / Law Firm
    • Scott M Brame Attorney At Law / Law Firm
    • Burnes Dmitrc I / Law Firm
    • Allen Jr William B / Law Firm
    • Cooley Heather E / Law Firm

    Property Details for 711 Washington St

    Property type
    Office buildings
    APN
    24-007-00180-0245
    APU
    24007001800245

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.4453
    Latitude
    31.3074
    CBSA code
    10780
    CBSA name
    ALEXANDRIA, 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
    $370
    $4,000
    $0.00
    $4,000
    -
    $40,000
    $0.00
    $40,000

    Comparable in this City

    • Value Estimation by Request
      323 SF

      3300 Lee St

      OFFICE BUILDING
      3300 Lee St, Alexandria, LA 71301-4130
      View Details
    • Value Estimation by Request
      0.66 Acres

      2716 Lee St

      OFFICE BUILDING
      2716 Lee St, Alexandria, LA 71301-4358
      View Details
    • Value Estimation
      $530,000
      3,574 SF

      3709 Masonic Dr

      OFFICE BUILDING
      3709 Masonic Dr, Alexandria, LA 71301-3632
      View Details
    • Value Estimation by Request
      644 SF

      824 Bolton Ave

      OFFICE BUILDING
      824 Bolton Ave, Alexandria, LA 71301
      View Details
    • Value Estimation by Request
      1,300 SF

      1217 Texas Ave

      OFFICE BUILDING
      1217 Texas Ave, Alexandria, LA 71301-4838
      View Details
    • Value Estimation
      $875,000

      708 Lee St

      OFFICE BUILDING
      708 Lee St, Alexandria, LA 71301-7917
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Updated Office Building For Sale

      Recently updated office building with long-term tenant in place.
      904 13Th St, Alexandria, LA 71301
      View Details
    • $275,000
      2,756 SF

      Downtown Alexandria Commercial Office Building

      Commercial office building in downtown Alexandria with parking.
      720 Jackson Street Ext, Alexandria, LA 71301
      View Details
    • $79,000
      2,230 SF

      Landmark Alexandria Commercial Property

      Live/Work Antique Shop w/ Rental
      1900 Rapides Ave, Alexandria, LA 71301
      View Details
    • $298,500
      1.86 Acres

      Commercial Land in Alexandria, LA

      Cleared 1.86-acre commercial land near Alexandria Mall.
      Macarthur Dr, Alexandria, LA 71301
      View Details
    • $325,000
      3,315 SF

      Alexandria Multifamily Investment Opportunity

      Well-maintained fourplex in a convenient location, generating $3250 monthly.
      2027 Jackson Street Ext, Alexandria, LA 71301
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space on MacArthur Drive

      Office space for lease in a high-traffic commercial area.
      1651 Macarthur Dr, Alexandria, LA 71301
      View Details
    • $3 SF/Yr
      104,273 SF

      Versatile Distribution Center with Spaces

      Multi-tenant business park with retail, office, and industrial spaces.
      2800 South Macarthur Dr, Alexandria, LA 71301
      View Details
    • Contact for pricing

      MacArthur Village Shopping Center Space

      Retail spaces available in Alexandria's high-income area.
      1400 Macarthur Dr, Alexandria, LA 71301
      View Details
    • Contact for pricing
      1,000 SF

      Retail Storefront for Rent

      Retail storefront with open showroom, storage, and restroom.
      3320 Monroe St, Alexandria, LA 71301
      View Details
    • Contact for pricing

      Freestanding ASC Near Christus Health

      Freestanding 15,000 SF ASC near Alexandria Mall.
      3436 Masonic Dr, Alexandria, LA 71301
      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.
    711 Washington St
    Alexandria, LA 71301-8030
    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

    Thank You for Inquiry
    711 Washington St, Alexandria, LA, 71301
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!