315 Austin StBogalusa, LA 70427

Property Details for 315 Austin St

Lot size

0.10 AC

Property type

Office properties

Property subtype

Other office properties

APN

440118530

APU

440118530

Description

This renovated 800-square-foot commercial building at 315 Austin Street in Bogalusa, Louisiana, is ideally situated for a variety of businesses. Currently configured as office space, it boasts a versatile layout suitable for diverse uses including retail, dental, medical practices, restaurants, or even a car lot. The property features ample parking, a significant advantage in this location. The exterior is in excellent condition, including the roof. Recent interior updates include newly installed vinyl plank flooring throughout, fresh paint, and a conveniently located handicapped-accessible ramp at the entrance. The interior layout comprises a waiting room, reception area, two workspaces, a private office, a bathroom, and a kitchen. The existing security system, including cameras, will convey with the property, providing peace of mind for the new owner. This turnkey property presents a fantastic opportunity for entrepreneurs seeking a move-in ready space in a desirable location. The asking price is $65,000. Don't miss this chance to establish your business in this well-maintained and conveniently located commercial building. The property sits on a lot with no acreage specified.

• CAP approach

  CAP return

  Valuation

  6%

  $636,130

  6.5%

  $587,197

  7%

  $545,254

• Comparable approach

  Method

  Valuation

  Relative Method

  $343,264

  Geo Method

  $319,905

• Alternative Use

  Use

  Valuation

  Residential

  $728,124

  Hospitality

  $666,957

  Educational

  $554,901

  Medical

  $573,985

  Retail

  $863,179

Location Insight

City

Bogalusa

County

Washington

State

Louisiana

Latitude

30.7882

Longitude

-89.8614

CBSA code

14220

CBSA name

BOGALUSA, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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