1783 Florida AveDenham Springs, LA 70726

  • Other commercial real estate
  • 0.23 AC
For Sale
$500,000 View listing

Property Details for 1783 Florida Ave

Lot size
0.23 AC
Property type
Other commercial real estate
APN
358846
APU
358846

Description

This exceptional two-story, 4,177 square foot Class B office building presents a compelling investment opportunity in Denham Springs, Louisiana. Located at 1783 Florida Ave SW, this property boasts a prime location on a main road with high traffic counts, ensuring excellent visibility and accessibility. The building sits on a 1.5-acre lot and is zoned C-3, offering versatility for a range of commercial uses. Currently, the building has a 45% occupancy rate under a gross lease with multiple tenants. The asking price is $500,000, translating to $119.70 per square foot. This represents a strong return on investment given the property's location and potential for increased occupancy. The building's two stories provide ample space for various business needs. Serious investors will appreciate the combination of high traffic, convenient access, and flexible zoning in this thriving Louisiana community. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,609,453
    Hospitality
    $1,474,250
    Educational
    $1,226,559
    Medical
    $1,268,742
    Retail
    $1,907,980
1783 Florida Ave, Denham Springs, Louisiana

Location Insight

City
Denham Springs
County
Livingston
State
Louisiana
Latitude
30.468
Longitude
-90.9682
CBSA code
12940
CBSA name
BATON ROUGE, 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
$4,642
$1,730
$41,500
$43,230
-
$17,300
$276,667
$293,967

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