517 Marshall StCameron, LA 70631

  • Commercial real estate
  • 7,020 SF
For Sale
$579,000 View listing

Property Details for 517 Marshall St

Year built
2007
Property size (Sq ft)
7,020 SF
Property type
Commercial real estate
APN
300100533
APU
300100533

Description

This exceptional 8,100 square foot mixed-use property, located at 517 Marshall Street Unit 517 in Cameron, Louisiana, presents a rare investment opportunity. Situated on a 0.64-acre lot, this building offers unparalleled versatility. Previously operating as a dollar store, the structure underwent a complete rebuild following the 2020 storms. This comprehensive renovation included the installation of brand new HVAC systems and electrical infrastructure, as well as a completely updated storefront. The property's expansive interior space allows for a wide range of potential uses, including retail, warehouse, or office space. Its adaptable layout and modern systems make it an ideal canvas for a variety of businesses. The building's strategic location within Cameron offers excellent visibility and accessibility, making it a prime location for attracting customers and clients. This unique property stands out in the local market, presenting a significant advantage for prospective buyers seeking a versatile and well-maintained commercial space. The asking price is $579,000. Don't miss this chance to acquire a substantial and adaptable commercial property in a growing Louisiana market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,208,858
    Hospitality
    $2,023,302
    Educational
    $1,683,363
    Medical
    $1,741,257
    Retail
    $2,618,565

Location Insight

City
Cameron
County
Cameron
State
Louisiana
Latitude
29.7956
Longitude
-93.3167
CBSA code
29340
CBSA name
LAKE CHARLES, 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
$7,894
$13,500
$31,725
$45,225
-
$135,000
$211,500
$346,500

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