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Fully Leased Medical Office 161 Christian Dr 5,993 SF 100% Leased Office Building Rayville, LA 71269 $560,000 ($93.44/SF) 9.10% Cap Rate



INVESTMENT HIGHLIGHTS
- Two Established Tenants/Reliable Income/Renewable Options
- 1.136 acres of excess land for expansion, parking, or future development
- Proximity to Richardson Medical Center
EXECUTIVE SUMMARY
Outstanding investment opportunity in Rayville, LA! This ±5,993 SF medical office building is 100% occupied with two established tenants, Richardson Medical Center and MedCentris, providing reliable income with renewal options in place. Located directly adjacent to Richardson Medical Center, the property benefits from strong long-term demand for medical services in Richland Parish.
Situated on a total of 1.693 acres, the offering includes the improved 0.626-acre parcel plus 1.136 acres of excess land for expansion, parking, or future development. Interior and systems have been refreshed with recent updates including new flooring, paint, faucets, LED lighting, electrical improvements, and a new hot water heater. Roof is approximately 10 years old and reported leak-free.
Property is offered as-is, presenting investors with a stabilized income stream today and excellent potential for future growth. For more information or to schedule your own private tour, contact listing agent.
Situated on a total of 1.693 acres, the offering includes the improved 0.626-acre parcel plus 1.136 acres of excess land for expansion, parking, or future development. Interior and systems have been refreshed with recent updates including new flooring, paint, faucets, LED lighting, electrical improvements, and a new hot water heater. Roof is approximately 10 years old and reported leak-free.
Property is offered as-is, presenting investors with a stabilized income stream today and excellent potential for future growth. For more information or to schedule your own private tour, contact listing agent.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,993 SF
Building Class
C
Year Built/Renovated
1985/2023
Price
$560,000
Price Per SF
$93.44
Cap Rate
9.10%
NOI
$50,960
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,993 SF
Building FAR
0.08
Lot Size
1.69 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
22 Spaces (3.67 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 220457190 | Total Assessment | $19,560 (2024) |
| Land Assessment | $2,660 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $16,900 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
220457190
Land Assessment
$2,660 (2024)
Improvements Assessment
$16,900 (2024)
Total Assessment
$19,560 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Fully Leased Medical Office | 161 Christian Dr
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