1313 Ringgold AveCoushatta, LA 71019

Property Details for 1313 Ringgold Ave

Lot size

0.74 AC

Property type

Office properties

Property subtype

Other office properties

APN

110047750

APU

110047750

Description

This exceptional 3,600 square foot commercial office building presents a remarkable investment opportunity in the thriving town of Coushatta, Louisiana. Situated on a 0.74-acre lot, this property boasts ample parking for staff and clients. Originally designed and built as a medical office, the layout is highly adaptable to a variety of professional uses. The interior features four conveniently located, handicap-accessible bathrooms, enhancing accessibility and convenience. Four well-appointed exam rooms are complemented by a functional kitchen, a dedicated conference room ideal for meetings and presentations, and substantial storage space to meet diverse organizational needs. A welcoming lobby and expansive office area provide a professional and efficient workspace. The current tenant is vacating, making this property immediately available for occupancy. The asking price of $260,000 represents a compelling value for this well-maintained and versatile commercial space in a desirable location. This is an exceptional chance to acquire a turnkey property with significant potential for immediate return on investment. The property's size, amenities, and location make it an attractive option for a wide range of businesses seeking a prominent presence in Coushatta. Don't miss this opportunity to secure a prime commercial asset in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $8,861,051

  6.5%

  $8,179,432

  7%

  $7,595,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,088,348

  Geo Method

  $9,650,537

• Alternative Use

  Use

  Valuation

  Residential

  $10,142,495

  Hospitality

  $9,290,471

  Educational

  $7,729,563

  Medical

  $7,995,394

  Retail

  $12,023,764

Location Insight

City

Coushatta

County

Red River

State

Louisiana

Latitude

32.0265

Longitude

-93.3391

Property Tax & Assessments

FAQs

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