Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    951 Paul Maillard Rd Luling, LA 70070-4347
    Back to Search
    Property profile & analytics

    951 Paul Maillard Rd, Luling, LA 70070-4347

    View on Map
    • Medical Office Space
    • 3,273 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Mar 31, 2025
    $285,000
    Property ID
    US36-1153218
    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

    • GL Realty Group LLC / Real Estate Agency
    • Taylor Perilloux, GL Realty Group LLC- Realtor / Real Estate Agency
    • Brandy Nichols - GL Realty Group LLC / Real Estate Agency
    • Paul Maillard Business & Arts Initiative / Charitable Organization / Social Service Agency
    • Chantel Tetreault - GL Realty Group LLC / Real Estate Agency

    Property Details for 951 Paul Maillard Rd

    Year built
    1958
    Lot size
    0.17 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    -2- 527 000 0001A
    APU
    25270000001A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 31, 2025 $285,000 Monique Champagne Hammill Lendle Investment Properties LLC Deed —
    Feb 10, 2020 $160,000 Lendle Investment Properties LLC Alan D Ray Cash Sale Deed —

    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
    Luling
    County
    Saint Charles
    State
    Louisiana
    Longitude
    -90.3704
    Latitude
    29.9257
    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
    $2,266
    $2,610
    $17,685
    $20,295
    -
    $26,100
    $117,900
    $144,000

    Comparable in this City

    • Value Estimation by Request
      11.70 Acres

      13855 Riv Rd

      MEDICAL BUILDING
      13855 Riv Rd, Luling, LA 70070-6220
      View Details
    • Value Estimation by Request
      0.16 Acres

      67 Saint Anthony St

      MEDICAL BUILDING
      67 Saint Anthony St, Luling, LA 70070-5131
      View Details
    • Value Estimation by Request
      1,692 SF

      207 5th St

      MEDICAL BUILDING
      207 5th St, Luling, LA 70070
      View Details
    • Value Estimation by Request
      1,708 SF

      100 Oak Ln

      MEDICAL BUILDING
      100 Oak Ln, Luling, LA 70070-2128
      View Details
    • Value Estimation by Request
      1,338 SF

      13615 Riv Rd

      MEDICAL BUILDING
      13615 Riv Rd, Luling, LA 70070-4265
      View Details
    • Value Estimation by Request
      5,296 SF

      126 Post Dr

      MEDICAL BUILDING
      126 Post Dr, Luling, LA 70070
      View Details

    Similar Nearby for Sale

    • $675,000

      Land for Sale

      Land available in Luling, Louisiana.
      125 Lakewood Dr, Luling, LA 70070
      View Details
    • Contact for pricing
      6,304 SF

      Versatile Commercial Space on Paul Maillard

      Partially completed showroom with warehouse access, endless commercial opportunities.
      760 Paul Maillard Rd, Luling, LA 70070
      View Details
    • $145,000
      0.40 Acres

      Oversized Lot in Willowridge Subdivision

      Large lot in established neighborhood, ideal for building a dream home.
      616 Willowdale Blvd, Luling, LA 70070
      View Details
    • Contact for pricing
      3,937 SF

      Luling Commercial Space: Highway 90 Access

      Large Commercial Space, Prime Location, High Visibility
      12807 90 Hwy, Luling, LA 70070
      View Details
    • $92,000
      0.26 Acres

      Residential Lot in Luling, LA

      Vacant lot in a growing development, build your dream home.
      332 Sophia Dr, Luling, LA 70070
      View Details
    • $475,000
      1,186 SF

      Charming Farmhouse with Agricultural Potential

      Three-acre property with farmhouse, satsuma trees, and greenhouse.
      12563 River Rd, Luling, LA 70070
      View Details

    Similar Nearby for Lease

    • $3,625 /Mo
      2,000 SF

      Luling Commercial Suite For Lease

      2,000 sq ft commercial suite ideal for medical/office use.
      12807 90 Hwy, Luling, LA 70070
      View Details
    • Contact for pricing

      Versatile Commercial Space for Lease

      5,700 SF shell space suitable for retail or office.
      107 Maryland Dr, Luling, LA 70070
      View Details
    • Contact for pricing

      Office/Warehouse Building For Lease

      36,500 SF office/warehouse building with easy highway access.
      13959 River Rd, Luling, LA 70070
      View Details
    • Contact for pricing

      Retail Center End Cap Space

      2,060 SF retail space with drive-thru access available.
      13899 River Rd, Luling, LA 70070
      View Details
    • Contact for pricing
      24,435 SF

      Retail Space Available For Lease

      Retail property available for lease with 24,435 square feet.
      12125 Highway 90, Luling, LA 70070
      View Details
    • Contact for pricing

      Luling Laydown Yard for Lease

      Laydown/storage/parking yard available in Esperanza Business Park, Luling.
      601 Judge Edward Dufresne Pkwy, Luling, LA 70070
      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.
    951 Paul Maillard Rd
    Luling, LA 70070-4347
    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
    951 Paul Maillard Rd, Luling, LA, 70070
    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!