1311 Ringgold AveCoushatta, LA 71019

Property Details for 1311 Ringgold Ave

Lot size

0.72 AC

Property type

Office properties

Property subtype

Other office properties

APN

110024130

APU

110024130

Description

This exceptional commercial property, located at 1311 Ringgold Avenue in Coushatta, Louisiana, presents a compelling investment opportunity. The substantial 4,725 square foot building boasts multiple offices, perfect for a variety of business configurations. A fully equipped kitchen and two bathrooms add to the functionality and convenience. Ample parking is available on the 0.72-acre lot, ensuring ease of access for employees and clients. A significant advantage is the inclusion of a separate 30' x 50' shop, providing valuable storage space or potential for additional revenue streams. The building is currently in excellent condition, having been professionally maintained, and benefits from a long-term tenant, providing immediate and consistent income. This property is situated in Coushatta, LA, offering a strong foundation for a successful business venture or a lucrative investment portfolio addition. The combination of size, features, and existing tenancy makes this a rare find in the local commercial real estate market. The asking price of $350,000 reflects the exceptional value and potential return on investment this property offers. Serious inquiries are encouraged to explore this opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $8,621,615

  6.5%

  $7,958,414

  7%

  $7,389,956

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,923,834

  Geo Method

  $9,389,769

• Alternative Use

  Use

  Valuation

  Residential

  $9,868,433

  Hospitality

  $9,039,432

  Educational

  $7,520,701

  Medical

  $7,779,350

  Retail

  $11,698,868

Location Insight

City

Coushatta

County

Red River

State

Louisiana

Latitude

32.0267

Longitude

-93.3391

Property Tax & Assessments

FAQs

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