37411 Charles Anderson RdPearl River, LA 70452

Property Details for 37411 Charles Anderson Rd

Year built

2017

Lot size

1.18 AC

Property size (Sq ft)

1,068 SF

Property type

Commercial real estate

APN

69860

APU

69860

Description

This exceptional commercial property, located at 37411 Charles Anderson Road in Pearl River, Louisiana, presents a unique investment opportunity. Situated on a 1.18-acre lot, the 1,061 square foot building offers versatile space ideal for a variety of businesses. Previously utilized as a Justice of the Peace and Parish Marshal office, an Auto Title company, and currently a law office, this single-story structure boasts a desirable location with excellent visibility from Charles Anderson Road and Highway 41. The property features a pleasant side covered patio and a smaller rear patio, providing additional outdoor space. Inside, the building includes two independent offices, a sizable lobby, a convenient eat-in kitchen, a full bathroom, and a half bathroom. All flooring is ceramic tile, and kitchen appliances are included. Ample off-street parking is available for at least six vehicles. The property's HC-2 Highway zoning allows for diverse commercial uses, making it an attractive option for entrepreneurs seeking a tranquil yet highly visible setting for their business. The asking price is $225,000.

• CAP approach

  CAP return

  Valuation

  6%

  $191,947

  6.5%

  $177,182

  7%

  $164,526

• Comparable approach

  Method

  Valuation

  Relative Method

  $81,468

  Geo Method

  $75,924.10

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $329,041

  Retail / Commercial

  $172,604

  Mixed-Use / Specialty

  $175,042

  Hospitality / Lodging

  $132,397

  Office

  $177,182

  Institutional / Educational

  $183,064

  Residential Income

  $214,185

  Multifamily

  $239,957

  Automotive / Energy

  $156,912

  Parking / Income-Based Land

  $51,132.30

  Restaurant / Food Service

  $97,556.10

  Healthcare / Senior Housing

  $176,372

Location Insight

City

Pearl River

County

Saint Tammany

State

Louisiana

Latitude

30.4092

Longitude

-89.7765

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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