120 Mallard StSaint Rose, LA 70087

Property Details for 120 Mallard St

Year built

1981

Lot size

3.40 AC

Property size (Sq ft)

56,947 SF

Property type

Medical offices

Property subtype

Medical centers

APN

-5- 524 004 0015B

APU

55240040015B

Description

This exceptional Class A office building, located within the prestigious Two James Business Park in St. Rose, Louisiana, offers 53,520 square feet of prime office space. The three-story building boasts solid concrete and glass construction, modern floor plans, and ample parking. Currently, 8,857 square feet are available, divisible into units ranging from 946 to 4,149 contiguous square feet. The building is situated on a beautifully landscaped campus within a 200+ acre master-planned development, home to many leading corporate tenants. Its strategic location provides unparalleled convenience, approximately one mile west of Louis Armstrong New Orleans International Airport, two miles east of I-310, four miles from I-10, and 5.5 miles from Elmwood Business Park. Enjoy easy access to major freeways, hotels, restaurants, banks, and other essential services. The park's commitment to excellence is evident in its on-site management team, dedicated maintenance personnel, and roving security, ensuring a superior level of service. This is a rare opportunity to secure high-quality office space in a thriving business community. The address is 120 Mallard St, Saint Rose, LA 70087. Four suites are available in total.

• CAP approach

  CAP return

  Valuation

  6%

  $9,030,741

  6.5%

  $8,336,068

  7%

  $7,740,635

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,343,968

  Geo Method

  $4,048,362

• Alternative Use

  Use

  Valuation

  Residential

  $10,336,725

  Hospitality

  $9,468,384

  Educational

  $7,877,584

  Medical

  $8,148,507

  Retail

  $12,254,020

Location Insight

City

Saint Rose

County

Saint Charles

State

Louisiana

Latitude

29.9814

Longitude

-90.2837

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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