910 Arkansas StSpringhill, LA 71075

  • Other commercial real estate
  • 0.57 AC
For Sale
$399,000 View listing

Property Details for 910 Arkansas St

Lot size
0.57 AC
Property type
Other commercial real estate
APN
123348A
APU
123348A

Description

This turnkey restaurant opportunity presents a fully equipped, brand-new fast-food building situated on a 0.6-acre corner lot in Springhill, Louisiana. The property enjoys high visibility on heavily traveled U.S. Highway 371 (S. Arkansas Street), ensuring significant traffic exposure. The building features a drive-through window complete with an ordering menu board, ample off-street parking to accommodate customers, and a covered dining area for walk-up patrons. Two exterior restrooms (men's and women's) are conveniently located for customer use. The interior is equipped with a comprehensive array of commercial kitchen appliances, all approved by the Louisiana State Fire Marshal's Office. This includes a security system, walk-in cooler and freezer, a 400-pound ice maker, a Henny Penny fryer, two double fryers, a commercial stove, an exhaust vent hood, an upright warmer box, a warming table, heat lamps, under-counter freezer and refrigerator, and a grease filtration machine with an external container for new and used oil. The 1,046 square foot building is ready for immediate operation, offering a significant advantage for a prospective buyer looking to establish or expand their fast-food business in a high-traffic area. This is a rare opportunity to acquire a fully operational restaurant with all necessary equipment in place.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,258,764
    Hospitality
    $5,732,994
    Educational
    $4,769,784
    Medical
    $4,933,824
    Retail
    $7,419,663
910 Arkansas St, Springhill, Louisiana

Location Insight

City
Springhill
County
Webster
State
Louisiana
Latitude
32.9948
Longitude
-93.4627
CBSA code
33380
CBSA name
MINDEN, LA MICROPOLITAN 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
$3,223
$2,600
$27,000
$29,600
-
$26,000
$180,000
$206,000

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